17,235 Shares in Capri Holdings Limited (NYSE:CPRI) Acquired by Teacher Retirement System of Texas

Teacher Retirement System of Texas acquired a new position in shares of Capri Holdings Limited (NYSE:CPRI - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 17,235 shares of the company's stock, valued at approximately $340,000.

Several other large investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its stake in shares of Capri by 758.1% in the 1st quarter. Farther Finance Advisors LLC now owns 1,433 shares of the company's stock valued at $28,000 after purchasing an additional 1,266 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Capri in the 1st quarter valued at $30,000. UMB Bank n.a. boosted its stake in shares of Capri by 134.9% in the 1st quarter. UMB Bank n.a. now owns 1,776 shares of the company's stock valued at $35,000 after purchasing an additional 1,020 shares in the last quarter. Fifth Third Bancorp boosted its stake in shares of Capri by 139.6% in the 1st quarter. Fifth Third Bancorp now owns 2,343 shares of the company's stock valued at $46,000 after purchasing an additional 1,365 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of Capri in the 4th quarter valued at $74,000. Institutional investors and hedge funds own 84.34% of the company's stock.

Capri Stock Up 0.5%

Shares of NYSE CPRI traded up $0.09 during trading hours on Friday, hitting $19.56. The company had a trading volume of 1,399,042 shares, compared to its average volume of 3,561,382. The stock has a market capitalization of $2.31 billion, a P/E ratio of -1.96, a price-to-earnings-growth ratio of 0.41 and a beta of 1.67. The company has a quick ratio of 0.49, a current ratio of 1.14 and a debt-to-equity ratio of 3.97. Capri Holdings Limited has a 1-year low of $11.86 and a 1-year high of $43.34. The firm's 50 day moving average is $17.92 and its 200-day moving average is $19.16.

Capri (NYSE:CPRI - Get Free Report) last announced its earnings results on Wednesday, May 28th. The company reported ($4.90) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($5.12). Capri had a negative net margin of 26.61% and a negative return on equity of 39.55%. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $989.05 million. During the same period in the previous year, the firm posted $0.42 EPS. The company's revenue was down 15.4% compared to the same quarter last year. On average, analysts expect that Capri Holdings Limited will post 0.98 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CPRI. UBS Group upped their price target on shares of Capri from $14.00 to $18.00 and gave the stock a "neutral" rating in a research report on Thursday, May 29th. Wall Street Zen cut Capri from a "hold" rating to a "sell" rating in a report on Sunday, July 13th. Robert W. Baird dropped their price objective on Capri from $26.00 to $18.00 and set a "neutral" rating for the company in a report on Friday, April 11th. JPMorgan Chase & Co. dropped their price objective on Capri from $19.00 to $18.00 and set a "neutral" rating for the company in a report on Thursday, May 29th. Finally, Barclays dropped their price objective on Capri from $19.00 to $13.00 and set an "equal weight" rating for the company in a report on Thursday, April 10th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $22.50.

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.