Nebula Research & Development LLC Takes Position in Capri Holdings Limited (NYSE:CPRI)

Nebula Research & Development LLC purchased a new stake in Capri Holdings Limited (NYSE:CPRI - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 121,831 shares of the company's stock, valued at approximately $2,566,000. Nebula Research & Development LLC owned approximately 0.10% of Capri as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Twin Tree Management LP bought a new stake in shares of Capri in the fourth quarter worth $45,000. Aster Capital Management DIFC Ltd acquired a new position in Capri during the fourth quarter worth $74,000. KBC Group NV lifted its stake in Capri by 63.9% in the fourth 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. Sterling Capital Management LLC raised its position in shares of Capri by 58.9% in the fourth 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, LexAurum Advisors LLC bought a new position in shares of Capri in the fourth quarter valued at about $211,000. Institutional investors own 84.34% of the company's stock.

Capri Stock Down 2.9 %

CPRI stock traded down $0.44 during trading on Wednesday, reaching $14.58. The stock had a trading volume of 1,026,475 shares, compared to its average volume of 4,036,433. Capri Holdings Limited has a one year low of $11.86 and a one year high of $43.34. The company has a quick ratio of 0.59, a current ratio of 1.21 and a debt-to-equity ratio of 1.36. The company's 50 day moving average is $18.25 and its two-hundred day moving average is $22.00. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of -1.71, a P/E/G ratio of 7.80 and a beta of 1.77.

Capri (NYSE:CPRI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.72 by ($0.27). Capri had a positive return on equity of 12.89% and a negative net margin of 21.79%. During the same quarter in the prior year, the company earned $1.20 earnings per share. Equities research analysts forecast that Capri Holdings Limited will post 0.98 EPS for the current year.

Analyst Ratings Changes

A number of research firms recently commented on CPRI. StockNews.com raised shares of Capri from a "sell" rating to a "hold" rating in a research report on Friday, February 7th. Telsey Advisory Group lowered 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. BMO Capital Markets raised shares of Capri from a "market perform" rating to an "outperform" rating and raised their target price for the company from $25.00 to $31.00 in a report on Monday, January 6th. Citigroup raised shares of Capri from a "neutral" rating to a "buy" rating and raised their target price for the company from $21.00 to $29.00 in a report on Friday, January 10th. Finally, Jefferies Financial Group raised their target price on shares of Capri from $20.00 to $23.00 and gave the company a "hold" rating in a report 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. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus 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.