Toronto Dominion Bank Grows Position in Capri Holdings Limited (NYSE:CPRI)

Toronto Dominion Bank increased its holdings in Capri Holdings Limited (NYSE:CPRI - Free Report) by 41,760,300.0% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 417,604 shares of the company's stock after buying an additional 417,603 shares during the quarter. Toronto Dominion Bank owned about 0.35% of Capri worth $8,795,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Capri by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 11,377,630 shares of the company's stock valued at $239,613,000 after acquiring an additional 151,866 shares during the last quarter. FMR LLC lifted its position in Capri by 249.4% during the fourth quarter. FMR LLC now owns 9,987,603 shares of the company's stock valued at $210,339,000 after purchasing an additional 7,129,123 shares during the period. Primecap Management Co. CA boosted its holdings in Capri by 13.2% in the fourth quarter. Primecap Management Co. CA now owns 4,688,333 shares of the company's stock worth $98,736,000 after purchasing an additional 547,578 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in Capri by 22,554.7% in the fourth 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 last quarter. Finally, Norges Bank bought a new stake in Capri in the 4th quarter worth approximately $58,070,000. Hedge funds and other institutional investors own 84.34% of the company's stock.

Capri Stock Performance

Shares of CPRI stock traded down $0.45 during trading hours on Monday, reaching $16.79. 3,419,596 shares of the company traded hands, compared to its average volume of 3,256,207. The firm has a 50-day moving average price of $16.63 and a 200 day moving average price of $20.13. The company has a market cap of $1.98 billion, a P/E ratio of -1.96, a P/E/G ratio of 7.80 and a beta of 1.64. 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.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Robert W. Baird lowered their price target on Capri from $26.00 to $18.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. Bank of America assumed coverage on Capri in a research report on Monday, February 10th. They set a "neutral" rating and a $23.00 price objective for the company. Jefferies Financial Group increased their target price on Capri from $20.00 to $23.00 and gave the company a "hold" rating in a report on Tuesday, January 28th. Wells Fargo & Company cut their price target on Capri from $30.00 to $25.00 and set an "overweight" rating for the company in a research note on Friday, April 11th. Finally, Barclays reduced their price target on shares of Capri from $19.00 to $13.00 and set an "equal weight" rating for the company in a research report on Thursday, April 10th. Nine investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $24.08.

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.