Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Capri Holdings Limited (NYSE:CPRI - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 26,410 shares of the company's stock, valued at approximately $556,000.
Other large investors also recently added to or reduced their stakes in the company. Arizona State Retirement System increased its stake in shares of Capri by 1.8% in the 4th quarter. Arizona State Retirement System now owns 34,185 shares of the company's stock valued at $720,000 after acquiring an additional 596 shares during the last quarter. Xponance Inc. increased its stake in shares of Capri by 5.7% in the 4th quarter. Xponance Inc. now owns 14,056 shares of the company's stock valued at $296,000 after acquiring an additional 757 shares during the last quarter. KBC Group NV increased its stake in shares of Capri by 63.9% in the 4th quarter. KBC Group NV now owns 5,039 shares of the company's stock valued at $106,000 after acquiring an additional 1,965 shares during the last quarter. Twin Tree Management LP bought a new stake in shares of Capri in the 4th quarter valued at about $45,000. Finally, Sterling Capital Management LLC increased its stake in shares of Capri by 58.9% in the 4th quarter. Sterling Capital Management LLC now owns 6,872 shares of the company's stock valued at $145,000 after acquiring an additional 2,546 shares during the last quarter. 84.34% of the stock is currently owned by institutional investors and hedge funds.
Capri Stock Up 0.4%
NYSE:CPRI traded up $0.06 during trading hours on Friday, reaching $17.01. 2,389,605 shares of the stock were exchanged, compared to its average volume of 3,341,403. Capri Holdings Limited has a twelve month low of $11.86 and a twelve month high of $43.34. 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 50 day moving average of $16.04 and a 200 day moving average of $19.95. The stock has a market cap of $2.01 billion, a PE ratio of -1.99, a PEG ratio of 7.80 and a beta of 1.64.
Capri (NYSE:CPRI - Get Free Report) last released its earnings results on Wednesday, May 28th. The company reported ($4.90) earnings per share for the quarter, missing the consensus estimate of $0.22 by ($5.12). Capri had a negative net margin of 21.79% and a positive return on equity of 12.89%. The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $989.05 million. During the same period in the prior year, the business posted $0.42 earnings per share. Capri's quarterly revenue was down 15.4% compared to the same quarter last year. On average, equities analysts expect that Capri Holdings Limited will post 0.98 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on CPRI. Guggenheim reaffirmed a "buy" rating and issued a $30.00 price target on shares of Capri in a research note on Wednesday, February 12th. Wall Street Zen cut Capri from a "hold" rating to a "sell" rating in a research note on Saturday, May 31st. UBS Group increased their target price on Capri from $14.00 to $18.00 and gave the stock a "neutral" rating in a research note on Thursday, May 29th. Robert W. Baird lowered their target price on Capri from $26.00 to $18.00 and set a "neutral" rating for the company in a research note on Friday, April 11th. Finally, Wells Fargo & Company lowered their target price on Capri from $30.00 to $25.00 and set an "overweight" rating for the company in a research note on Friday, April 11th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $22.50.
Check Out Our Latest Analysis on Capri
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.
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