20,862 Shares in Capri Holdings Limited (NYSE:CPRI) Bought by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC purchased a new position in Capri Holdings Limited (NYSE:CPRI - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 20,862 shares of the company's stock, valued at approximately $439,000.

A number of other institutional investors have also recently made changes to their positions in the company. Arizona State Retirement System boosted its stake in shares of Capri by 1.8% in the fourth quarter. Arizona State Retirement System now owns 34,185 shares of the company's stock worth $720,000 after acquiring an additional 596 shares during the last quarter. Exchange Traded Concepts LLC boosted its stake in 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 buying an additional 643 shares during the last quarter. Xponance Inc. boosted its stake in Capri by 5.7% during the fourth quarter. Xponance Inc. now owns 14,056 shares of the company's stock worth $296,000 after buying an additional 757 shares during the last quarter. KBC Group NV boosted its stake in Capri by 63.9% during the fourth quarter. KBC Group NV now owns 5,039 shares of the company's stock worth $106,000 after buying an additional 1,965 shares during the last quarter. Finally, Twin Tree Management LP acquired a new position in Capri during the fourth quarter worth $45,000. 84.34% of the stock is owned by institutional investors and hedge funds.

Capri Trading Up 0.5%

Shares of CPRI stock traded up $0.09 on Thursday, hitting $17.42. The stock had a trading volume of 316,731 shares, compared to its average volume of 3,218,403. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.21 and a quick ratio of 0.59. The firm has a market capitalization of $2.05 billion, a P/E ratio of -2.04, a P/E/G ratio of 7.80 and a beta of 1.64. Capri Holdings Limited has a 1 year low of $11.86 and a 1 year high of $43.34. The company's 50 day moving average price is $16.79 and its 200-day moving average price is $20.20.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on CPRI shares. Telsey Advisory Group lowered their price objective on Capri from $23.00 to $17.00 and set a "market perform" rating on the stock in a research note on Friday, April 11th. Robert W. Baird lowered their price objective on Capri from $26.00 to $18.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. Jefferies Financial Group boosted their price objective on Capri from $20.00 to $23.00 and gave the stock a "hold" rating in a research note on Tuesday, January 28th. Wells Fargo & Company lowered their price objective on Capri from $30.00 to $25.00 and set an "overweight" rating on the stock in a research note on Friday, April 11th. Finally, Wall Street Zen raised Capri from a "sell" rating to a "hold" rating in a research note on Friday, February 7th. Nine research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $24.08.

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.