Capri Holdings Limited (NYSE:CPRI) Shares Sold by Swiss National Bank

Swiss National Bank lessened its position in shares of Capri Holdings Limited (NYSE:CPRI - Free Report) by 11.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 228,900 shares of the company's stock after selling 29,200 shares during the quarter. Swiss National Bank owned about 0.20% of Capri worth $11,500,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. U S Global Investors Inc. acquired a new stake in shares of Capri during the fourth quarter valued at about $75,000. Fifth Third Bancorp increased its holdings in Capri by 34.0% in the 3rd quarter. Fifth Third Bancorp now owns 1,735 shares of the company's stock valued at $91,000 after purchasing an additional 440 shares during the last quarter. EMC Capital Management purchased a new stake in Capri in the third quarter valued at approximately $96,000. Systematic Alpha Investments LLC acquired a new position in Capri during the third quarter worth $204,000. Finally, Coldstream Capital Management Inc. acquired a new stake in shares of Capri in the third quarter valued at $205,000. Hedge funds and other institutional investors own 84.34% of the company's stock.

Capri Stock Down 0.3 %

Capri stock traded down $0.12 during midday trading on Friday, reaching $36.12. The company's stock had a trading volume of 758,678 shares, compared to its average volume of 2,458,195. The business has a 50-day simple moving average of $41.70 and a 200-day simple moving average of $46.35. The company has a market cap of $4.21 billion, a P/E ratio of 20.29, a P/E/G ratio of 7.33 and a beta of 2.08. Capri Holdings Limited has a fifty-two week low of $34.17 and a fifty-two week high of $54.52. The company has a quick ratio of 0.49, a current ratio of 1.06 and a debt-to-equity ratio of 0.71.

Capri (NYSE:CPRI - Get Free Report) last issued its earnings results on Thursday, February 8th. The company reported $1.20 earnings per share for the quarter, missing the consensus estimate of $1.74 by ($0.54). Capri had a return on equity of 25.79% and a net margin of 3.96%. The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same period last year, the business posted $1.84 EPS. Capri's revenue was down 5.6% on a year-over-year basis. On average, research analysts expect that Capri Holdings Limited will post 3.8 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. StockNews.com started coverage on Capri in a research note on Saturday, April 13th. They set a "hold" rating on the stock. Telsey Advisory Group dropped their price objective on shares of Capri from $57.00 to $42.00 and set a "market perform" rating for the company in a report on Tuesday, April 23rd. Finally, OTR Global reiterated a "mixed" rating on shares of Capri in a report on Wednesday, April 17th. Eleven equities research analysts have rated the stock with a hold rating, According to MarketBeat, Capri presently has a consensus rating of "Hold" and a consensus price target of $49.25.

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.