Jump Financial LLC Buys New Shares in Capri Holdings Limited (NYSE:CPRI)

Jump Financial LLC acquired a new position in shares of Capri Holdings Limited (NYSE:CPRI - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 490,206 shares of the company's stock, valued at approximately $10,324,000. Jump Financial LLC owned about 0.42% of Capri as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in CPRI. FMR LLC raised its holdings in Capri by 249.4% during the fourth quarter. FMR LLC now owns 9,987,603 shares of the company's stock worth $210,339,000 after purchasing an additional 7,129,123 shares in the last quarter. Pacer Advisors Inc. increased its position in Capri by 22,554.7% during the 4th quarter. Pacer Advisors Inc. now owns 3,902,960 shares of the company's stock worth $82,196,000 after purchasing an additional 3,885,732 shares during the period. Norges Bank purchased a new position in shares of Capri during the 4th quarter worth approximately $58,070,000. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Capri in the 4th quarter valued at approximately $48,953,000. Finally, Segall Bryant & Hamill LLC purchased a new stake in shares of Capri in the fourth quarter valued at approximately $24,617,000. Institutional investors and hedge funds own 84.34% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CPRI. Telsey Advisory Group cut their price objective on Capri from $23.00 to $17.00 and set a "market perform" rating for the company in a research report on Friday, April 11th. Wells Fargo & Company cut their price target on shares of Capri from $30.00 to $25.00 and set an "overweight" rating for the company in a report on Friday, April 11th. Bank of America began coverage on shares of Capri in a report on Monday, February 10th. They set a "neutral" rating and a $23.00 price objective on the stock. StockNews.com raised shares of Capri from a "sell" rating to a "hold" rating in a report on Friday, February 7th. Finally, Robert W. Baird decreased their price target on Capri from $26.00 to $18.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. 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, Capri has a consensus rating of "Hold" and an average price target of $24.08.

Capri Price Performance

Capri stock traded down $0.56 during mid-day trading on Monday, hitting $13.13. 619,661 shares of the company were exchanged, compared to its average volume of 3,113,238. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.21 and a quick ratio of 0.59. Capri Holdings Limited has a 12-month low of $11.86 and a 12-month high of $43.34. The business's 50 day simple moving average is $19.20 and its two-hundred day simple moving average is $23.19. The company has a market capitalization of $1.55 billion, a P/E ratio of -1.54, a PEG ratio of 7.80 and a beta of 1.77.

Capri (NYSE:CPRI - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.72 by ($0.27). Capri had a positive return on equity of 12.89% and a negative net margin of 21.79%. During the same period in the previous year, the firm posted $1.20 EPS. Analysts forecast that Capri Holdings Limited will post 0.98 earnings per share for the current fiscal year.

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.