Bank of Nova Scotia trimmed its position in shares of Capri Holdings Limited (NYSE:CPRI - Free Report) by 93.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,310 shares of the company's stock after selling 269,590 shares during the period. Bank of Nova Scotia's holdings in Capri were worth $381,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its holdings in shares of Capri by 5.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 12,320 shares of the company's stock worth $243,000 after buying an additional 667 shares during the last quarter. US Bancorp DE boosted its stake in shares of Capri by 30.2% during the 1st quarter. US Bancorp DE now owns 4,932 shares of the company's stock worth $97,000 after purchasing an additional 1,143 shares during the period. Shufro Rose & Co. LLC purchased a new position in shares of Capri during the 1st quarter worth about $215,000. Natixis Advisors LLC boosted its stake in shares of Capri by 0.5% during the 1st quarter. Natixis Advisors LLC now owns 436,692 shares of the company's stock worth $8,616,000 after purchasing an additional 2,342 shares during the period. Finally, Arkadios Wealth Advisors purchased a new position in shares of Capri during the 1st quarter worth about $710,000. 84.34% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of equities analysts recently commented on CPRI shares. UBS Group lifted their price target on shares of Capri from $18.00 to $23.00 and gave the stock a "neutral" rating in a research note on Thursday. JPMorgan Chase & Co. lifted their price target on shares of Capri from $18.00 to $21.00 and gave the stock a "neutral" rating in a research note on Monday, July 28th. Wall Street Zen raised shares of Capri from a "sell" rating to a "hold" rating in a research note on Saturday. Finally, Telsey Advisory Group reaffirmed a "market perform" rating and set a $22.00 price target (up from $20.00) on shares of Capri in a research note on Wednesday. Nine research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $23.33.
Get Our Latest Stock Analysis on Capri
Capri Stock Performance
Capri stock traded down $1.05 during mid-day trading on Friday, reaching $19.72. 3,469,535 shares of the company traded hands, compared to its average volume of 3,309,160. The company has a debt-to-equity ratio of 3.97, a current ratio of 1.17 and a quick ratio of 0.61. Capri Holdings Limited has a fifty-two week low of $11.86 and a fifty-two week high of $43.34. The company has a market capitalization of $2.33 billion, a price-to-earnings ratio of -2.10, a price-to-earnings-growth ratio of 0.42 and a beta of 1.72. The firm's fifty day moving average is $18.30 and its two-hundred day moving average is $18.75.
Capri (NYSE:CPRI - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.37. Capri had a negative net margin of 26.73% and a negative return on equity of 53.50%. The business had revenue of $797.00 million for the quarter, compared to analyst estimates of $773.18 million. During the same quarter in the prior year, the business posted $0.04 EPS. Capri's revenue for the quarter was down 6.0% compared to the same quarter last year. On average, equities research analysts expect that Capri Holdings Limited will post 0.98 earnings per share for the current fiscal year.
Capri Company Profile
(
Free Report)
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.
Recommended Stories

Before you consider Capri, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Capri wasn't on the list.
While Capri currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the top 7 AI stocks to invest in right now. This exclusive report highlights the companies leading the AI revolution and shaping the future of technology in 2025.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.