Anthracite Investment Company Inc. Has $1.90 Million Stock Holdings in Capri Holdings Limited (NYSE:CPRI)

Anthracite Investment Company Inc. lowered its holdings in Capri Holdings Limited (NYSE:CPRI - Free Report) by 51.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 90,000 shares of the company's stock after selling 95,425 shares during the quarter. Anthracite Investment Company Inc. owned 0.08% of Capri worth $1,895,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Capri by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 11,377,630 shares of the company's stock valued at $239,613,000 after purchasing an additional 151,866 shares during the period. Primecap Management Co. CA grew its position in Capri by 13.2% in the fourth quarter. Primecap Management Co. CA now owns 4,688,333 shares of the company's stock valued at $98,736,000 after acquiring an additional 547,578 shares during the period. Pacer Advisors Inc. raised its stake in Capri by 22,554.7% during the fourth quarter. Pacer Advisors Inc. now owns 3,902,960 shares of the company's stock worth $82,196,000 after acquiring an additional 3,885,732 shares in the last quarter. FMR LLC raised its stake in Capri by 389.2% during the third quarter. FMR LLC now owns 2,858,480 shares of the company's stock worth $121,314,000 after acquiring an additional 2,274,149 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. bought a new position in shares of Capri during the fourth quarter valued at $48,953,000. Institutional investors and hedge funds own 84.34% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Jefferies Financial Group increased their target price on shares of Capri from $20.00 to $23.00 and gave the stock a "hold" rating in a research report on Tuesday, January 28th. StockNews.com raised shares of Capri from a "sell" rating to a "hold" rating in a report on Friday, February 7th. BMO Capital Markets upgraded shares of Capri from a "market perform" rating to an "outperform" rating and lifted their target price for the company from $25.00 to $31.00 in a research note on Monday, January 6th. Citigroup upgraded Capri from a "neutral" rating to a "buy" rating and increased their price target for the stock from $21.00 to $29.00 in a research report on Friday, January 10th. Finally, Bank of America assumed coverage on Capri in a research report on Monday, February 10th. They issued a "neutral" rating and a $23.00 price objective for the company. Nine investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $25.92.

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Capri Trading Down 1.4 %

Capri stock traded down $0.29 during trading hours on Friday, reaching $20.30. 1,976,672 shares of the company's stock traded hands, compared to its average volume of 2,832,259. The firm has a market capitalization of $2.39 billion, a price-to-earnings ratio of -2.37, a PEG ratio of 7.80 and a beta of 2.10. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 1.21. Capri Holdings Limited has a fifty-two week low of $18.53 and a fifty-two week high of $45.77. The firm's 50 day moving average is $22.17 and its 200-day moving average is $26.10.

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

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.