Capri Holdings Limited (NYSE:CPRI) Shares Sold by Anthracite Investment Company Inc.

Anthracite Investment Company Inc. decreased its position in Capri Holdings Limited (NYSE:CPRI) by 51.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 90,000 shares of the company’s stock after selling 95,425 shares during the quarter. Anthracite Investment Company Inc. owned 0.08% of Capri worth $1,895,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Arizona State Retirement System increased its stake in Capri by 1.8% during the 4th quarter. Arizona State Retirement System now owns 34,185 shares of the company’s stock worth $720,000 after buying an additional 596 shares during the period. Exchange Traded Concepts LLC increased its position in shares of Capri by 3.0% during the fourth quarter. Exchange Traded Concepts LLC now owns 21,767 shares of the company’s stock worth $458,000 after acquiring an additional 643 shares during the last quarter. Xponance Inc. lifted its stake in shares of Capri by 5.7% in the fourth quarter. Xponance Inc. now owns 14,056 shares of the company’s stock worth $296,000 after acquiring an additional 757 shares in the last quarter. Sunbelt Securities Inc. purchased a new position in Capri in the third quarter valued at about $42,000. Finally, Quarry LP acquired a new stake in Capri during the 3rd quarter valued at approximately $53,000. Hedge funds and other institutional investors own 84.34% of the company’s stock.

Capri Stock Performance

CPRI stock opened at $21.04 on Wednesday. Capri Holdings Limited has a 1 year low of $18.53 and a 1 year high of $46.09. The stock has a market capitalization of $2.48 billion, a price-to-earnings ratio of -2.46, a PEG ratio of 7.80 and a beta of 2.10. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 1.21. The stock’s fifty day moving average is $22.40 and its two-hundred day moving average is $26.47.

Capri (NYSE:CPRI) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.72 by ($0.27). Capri had a negative net margin of 21.79% and a positive return on equity of 12.89%. During the same quarter in the prior year, the company earned $1.20 earnings per share. On average, research analysts predict that Capri Holdings Limited will post 0.98 EPS for the current year.

Wall Street Analyst Weigh In

CPRI has been the subject of several research analyst reports. Guggenheim reiterated a “buy” rating and set a $30.00 target price on shares of Capri in a research note on Wednesday, February 12th. Telsey Advisory Group reiterated a “market perform” rating and set a $23.00 price objective on shares of Capri in a research note on Thursday, February 20th. JPMorgan Chase & Co. boosted their target price on shares of Capri from $15.00 to $19.00 and gave the stock a “neutral” rating in a research report on Monday, December 16th. Wells Fargo & Company increased their price target on shares of Capri from $28.00 to $30.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. Finally, Citigroup raised Capri from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $21.00 to $29.00 in a report on Friday, January 10th. Nine research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $25.92.

About Capri

Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites.