Capri Holdings Limited (NYSE:CPRI) Shares Acquired by Xponance Inc.

Xponance Inc. increased its holdings in shares of Capri Holdings Limited (NYSE:CPRI) by 5.7% in the fourth quarter, Holdings Channel reports. The firm owned 14,056 shares of the company’s stock after buying an additional 757 shares during the period. Xponance Inc.’s holdings in Capri were worth $296,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Primecap Management Co. CA raised its stake in shares of Capri by 13.2% in the 4th quarter. Primecap Management Co. CA now owns 4,688,333 shares of the company’s stock valued at $98,736,000 after acquiring an additional 547,578 shares during the period. Twin Tree Management LP acquired a new stake in Capri in the 4th quarter valued at approximately $45,000. Natixis Advisors LLC purchased a new stake in Capri in the fourth quarter valued at approximately $9,148,000. Monimus Capital Management LP acquired a new position in Capri during the fourth quarter worth $3,095,000. Finally, Monaco Asset Management SAM boosted its position in shares of Capri by 850.8% during the fourth quarter. Monaco Asset Management SAM now owns 200,000 shares of the company’s stock worth $4,212,000 after buying an additional 178,966 shares during the period. 84.34% of the stock is currently owned by hedge funds and other institutional investors.

Capri Trading Down 0.5 %

NYSE:CPRI opened at $20.58 on Friday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 1.21. Capri Holdings Limited has a 1 year low of $18.53 and a 1 year high of $46.09. The stock has a market cap of $2.43 billion, a P/E ratio of -2.41, a P/E/G ratio of 7.80 and a beta of 2.10. The stock has a 50-day simple moving average of $22.24 and a 200-day simple moving average of $26.30.

Capri (NYSE:CPRI) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.45 EPS 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 previous year, the business earned $1.20 earnings per share. As a group, analysts anticipate that Capri Holdings Limited will post 0.98 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on CPRI. Bank of America assumed coverage on Capri in a research note on Monday, February 10th. They set a “neutral” rating and a $23.00 target price on the stock. Telsey Advisory Group reissued a “market perform” rating and issued a $23.00 price objective on shares of Capri in a research note on Thursday, February 20th. Citigroup raised shares of Capri from a “neutral” rating to a “buy” rating and upped their target price for the stock from $21.00 to $29.00 in a research note on Friday, January 10th. Barclays decreased their price target on shares of Capri from $21.00 to $19.00 and set an “equal weight” rating for the company in a research report on Thursday, February 6th. Finally, StockNews.com raised Capri from a “sell” rating to a “hold” rating in a research report on Friday, February 7th. Nine investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $25.92.

Capri Company Profile

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.