Capri Holdings Limited (NYSE:CPRI) Shares Sold by LSV Asset Management

LSV Asset Management decreased its holdings in shares of Capri Holdings Limited (NYSE:CPRI - Free Report) by 5.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,662,871 shares of the company's stock after selling 99,269 shares during the period. LSV Asset Management owned approximately 1.41% of Capri worth $35,020,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of CPRI. Vanguard Group Inc. increased its holdings in Capri by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 11,377,630 shares of the company's stock valued at $239,613,000 after buying an additional 151,866 shares in the last quarter. FMR LLC increased its stake in Capri by 249.4% in the 4th quarter. FMR LLC now owns 9,987,603 shares of the company's stock valued at $210,339,000 after purchasing an additional 7,129,123 shares in the last quarter. Primecap Management Co. CA grew its holdings 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 purchasing an additional 547,578 shares during the last quarter. Pacer Advisors Inc. grew its holdings in Capri by 22,554.7% in the fourth quarter. Pacer Advisors Inc. now owns 3,902,960 shares of the company's stock valued at $82,196,000 after purchasing an additional 3,885,732 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Capri during the 4th quarter worth $58,070,000. 84.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on CPRI shares. JPMorgan Chase & Co. lifted their target price on shares of Capri from $15.00 to $19.00 and gave the stock a "neutral" rating in a research report on Monday, December 16th. Telsey Advisory Group cut their price objective on Capri from $23.00 to $17.00 and set a "market perform" rating for the company in a research report on Friday. Citigroup upgraded Capri from a "neutral" rating to a "buy" rating and increased their target price for the company from $21.00 to $29.00 in a report on Friday, January 10th. Robert W. Baird reduced their price objective on Capri from $26.00 to $18.00 and set a "neutral" rating on the stock in a research report on Friday. Finally, Bank of America assumed coverage on shares of Capri in a report on Monday, February 10th. They issued a "neutral" rating and a $23.00 target price on the stock. Nine analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $24.08.

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Capri Trading Down 5.9 %

NYSE:CPRI traded down $0.85 on Tuesday, hitting $13.56. 3,452,939 shares of the stock were exchanged, compared to its average volume of 3,119,561. The stock has a market cap of $1.60 billion, a PE ratio of -1.59, a PEG ratio of 7.80 and a beta of 1.77. Capri Holdings Limited has a fifty-two week low of $11.86 and a fifty-two week high of $43.34. The company has a current ratio of 1.21, a quick ratio of 0.59 and a debt-to-equity ratio of 1.36. The stock has a fifty day moving average of $19.86 and a 200-day moving average of $23.99.

Capri (NYSE:CPRI - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate 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 previous year, the company earned $1.20 EPS. As a group, equities analysts expect that Capri Holdings Limited will post 0.98 earnings per share for the current fiscal year.

About Capri

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.