Teza Capital Management LLC Buys 78,394 Shares of Capri Holdings Limited (NYSE:CPRI)

Teza Capital Management LLC boosted its position in Capri Holdings Limited (NYSE:CPRI - Free Report) by 1,294.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 84,449 shares of the company's stock after purchasing an additional 78,394 shares during the period. Teza Capital Management LLC owned about 0.07% of Capri worth $1,778,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Twin Tree Management LP bought a new stake in Capri during the 4th quarter valued at approximately $45,000. Aster Capital Management DIFC Ltd bought a new stake in Capri during the 4th quarter valued at approximately $74,000. KBC Group NV raised its stake in Capri by 63.9% during the 4th quarter. KBC Group NV now owns 5,039 shares of the company's stock valued at $106,000 after purchasing an additional 1,965 shares during the period. Sterling Capital Management LLC raised its stake in Capri by 58.9% during the 4th quarter. Sterling Capital Management LLC now owns 6,872 shares of the company's stock valued at $145,000 after purchasing an additional 2,546 shares during the period. Finally, Triumph Capital Management bought a new stake in Capri during the 4th quarter valued at approximately $209,000. 84.34% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CPRI. Robert W. Baird decreased their target price on Capri from $26.00 to $18.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. StockNews.com raised Capri from a "sell" rating to a "hold" rating in a research note on Friday, February 7th. Bank of America initiated coverage on Capri in a research note on Monday, February 10th. They set a "neutral" rating and a $23.00 target price on the stock. Barclays reduced their price objective on Capri from $19.00 to $13.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 10th. Finally, Jefferies Financial Group lifted 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. Nine research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $24.08.

Capri Trading Down 5.0%

Shares of NYSE CPRI traded down $0.92 during trading hours on Wednesday, hitting $17.30. 2,615,955 shares of the company traded hands, compared to its average volume of 3,229,699. The stock has a market capitalization of $2.04 billion, a price-to-earnings ratio of -2.02, a price-to-earnings-growth ratio of 7.80 and a beta of 1.64. The company has a current ratio of 1.21, a quick ratio of 0.59 and a debt-to-equity ratio of 1.36. The company's 50 day moving average price is $16.79 and its 200 day moving average price is $20.20. Capri Holdings Limited has a 12 month low of $11.86 and a 12 month high of $43.34.

Capri 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.