Healthcare of Ontario Pension Plan Trust Fund Has $2.12 Million Holdings in Capri Holdings Limited (NYSE:CPRI)

Healthcare of Ontario Pension Plan Trust Fund lowered its holdings in Capri Holdings Limited (NYSE:CPRI - Free Report) by 38.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,000 shares of the company's stock after selling 31,638 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund's holdings in Capri were worth $2,122,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. CWM LLC boosted its holdings in shares of Capri by 35.2% in the second quarter. CWM LLC now owns 2,452 shares of the company's stock valued at $81,000 after buying an additional 638 shares during the period. Signaturefd LLC grew its holdings in Capri by 14.7% in the 2nd quarter. Signaturefd LLC now owns 2,734 shares of the company's stock valued at $90,000 after buying an additional 351 shares in the last quarter. GAMMA Investing LLC increased its position in Capri by 1,580.1% during the second quarter. GAMMA Investing LLC now owns 3,713 shares of the company's stock worth $123,000 after acquiring an additional 3,492 shares during the period. KBC Group NV raised its position in shares of Capri by 26.9% in the third quarter. KBC Group NV now owns 3,074 shares of the company's stock valued at $130,000 after buying an additional 652 shares in the last quarter. Finally, Avior Wealth Management LLC lifted its position in shares of Capri by 15.2% during the 3rd quarter. Avior Wealth Management LLC now owns 4,033 shares of the company's stock valued at $171,000 after acquiring an additional 533 shares during the period. 84.34% of the stock is currently owned by institutional investors and hedge funds.

Capri Trading Down 0.1 %

Shares of Capri stock traded down $0.03 during trading on Monday, hitting $23.38. The company's stock had a trading volume of 3,587,491 shares, compared to its average volume of 2,164,165. The stock has a market cap of $2.76 billion, a price-to-earnings ratio of -7.65, a price-to-earnings-growth ratio of 4.99 and a beta of 2.05. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.93 and a quick ratio of 0.38. Capri Holdings Limited has a 52 week low of $18.70 and a 52 week high of $51.23. The stock has a 50-day moving average price of $30.87 and a two-hundred day moving average price of $33.04.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on CPRI shares. Robert W. Baird reduced their price target on shares of Capri from $24.00 to $23.00 and set a "neutral" rating on the stock in a research report on Friday, November 8th. Guggenheim raised Capri from a "neutral" rating to a "buy" rating and set a $30.00 price objective on the stock in a research note on Tuesday, November 26th. TD Cowen lowered their target price on Capri from $57.00 to $22.00 and set a "hold" rating for the company in a research note on Friday, November 15th. Telsey Advisory Group reduced their price target on shares of Capri from $26.00 to $23.00 and set a "market perform" rating on the stock in a research note on Friday, November 15th. Finally, Wells Fargo & Company lowered their price objective on shares of Capri from $42.00 to $23.00 and set an "equal weight" rating for the company in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $28.20.

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.