Junto Capital Management LP Takes $26.11 Million Position in Capri Holdings Limited (NYSE:CPRI)

Junto Capital Management LP purchased a new stake in shares of Capri Holdings Limited (NYSE:CPRI - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,239,863 shares of the company's stock, valued at approximately $26,112,000. Junto Capital Management LP owned 1.05% of Capri as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of CPRI. Moody National Bank Trust Division acquired a new stake in Capri in the 4th quarter valued at about $841,000. Accurate Wealth Management LLC grew its stake in shares of Capri by 114.5% in the 4th quarter. Accurate Wealth Management LLC now owns 52,431 shares of the company's stock valued at $1,104,000 after buying an additional 27,992 shares in the last quarter. Lind Value II ApS bought a new stake in Capri during the fourth quarter worth approximately $9,087,000. Janney Montgomery Scott LLC boosted its position in Capri by 174.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 21,670 shares of the company's stock worth $456,000 after purchasing an additional 13,785 shares during the period. Finally, LexAurum Advisors LLC bought a new stake in shares of Capri in the fourth quarter valued at approximately $211,000. Institutional investors and hedge funds own 84.34% of the company's stock.

Capri Trading Up 0.3%

Shares of Capri stock traded up $0.06 on Friday, hitting $18.55. The stock had a trading volume of 1,719,054 shares, compared to its average volume of 3,200,024. The stock has a 50 day moving average of $16.98 and a 200 day moving average of $20.26. Capri Holdings Limited has a twelve month low of $11.86 and a twelve month high of $43.34. The firm has a market capitalization of $2.19 billion, a P/E ratio of -2.17, a PEG ratio of 7.80 and a beta of 1.64. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 1.21.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on CPRI shares. Jefferies Financial Group increased their price target on Capri from $20.00 to $23.00 and gave the stock a "hold" rating in a research 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 report on Friday, April 11th. Telsey Advisory Group reduced their price target on shares of Capri from $23.00 to $17.00 and set a "market perform" rating on the stock in a research report on Friday, April 11th. Robert W. Baird reduced their price target on shares of Capri from $26.00 to $18.00 and set a "neutral" rating on the stock in a research report 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 on the stock in a research report on Thursday, April 10th. Nine analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Capri presently has an average rating of "Hold" and an average price target of $24.08.

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.