128,407 Shares in Capri Holdings Limited (NYSE:CPRI) Purchased by National Bank of Canada FI

National Bank of Canada FI bought a new stake in shares of Capri Holdings Limited (NYSE:CPRI - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 128,407 shares of the company's stock, valued at approximately $2,704,000. National Bank of Canada FI owned approximately 0.11% of Capri at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in CPRI. Arizona State Retirement System boosted its stake in Capri by 1.8% in the fourth quarter. Arizona State Retirement System now owns 34,185 shares of the company's stock valued at $720,000 after acquiring an additional 596 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in shares of Capri by 3.0% in the 4th quarter. Exchange Traded Concepts LLC now owns 21,767 shares of the company's stock worth $458,000 after purchasing an additional 643 shares in the last quarter. Xponance Inc. grew its stake in Capri by 5.7% during the 4th quarter. Xponance Inc. now owns 14,056 shares of the company's stock worth $296,000 after buying an additional 757 shares during the last quarter. Sunbelt Securities Inc. purchased a new position in Capri during the 3rd quarter worth $42,000. Finally, Quarry LP acquired a new position in Capri during the 3rd quarter valued at about $53,000. 84.34% of the stock is currently owned by hedge funds and other institutional investors.

Capri Stock Performance

CPRI stock traded up $0.03 during midday trading on Friday, hitting $14.66. 4,163,156 shares of the stock traded hands, compared to its average volume of 3,121,290. The stock's fifty day simple moving average is $20.00 and its 200-day simple moving average is $24.26. The firm has a market cap of $1.73 billion, a P/E ratio of -1.71, a PEG ratio of 7.80 and a beta of 1.77. Capri Holdings Limited has a 1-year low of $11.86 and a 1-year high of $43.34. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.21 and a quick ratio of 0.59.

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Capri (NYSE:CPRI - Get Free Report) last announced its quarterly earnings results 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 period in the previous year, the business posted $1.20 earnings per share. On average, analysts expect that Capri Holdings Limited will post 0.98 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on CPRI shares. Jefferies Financial Group boosted their price target on Capri from $20.00 to $23.00 and gave the stock a "hold" rating in a research note on Tuesday, January 28th. StockNews.com raised shares of Capri from a "sell" rating to a "hold" rating in a research report on Friday, February 7th. Citigroup raised shares of Capri from a "neutral" rating to a "buy" rating and raised their price target for the stock from $21.00 to $29.00 in a report on Friday, January 10th. Robert W. Baird dropped their price objective on shares of Capri from $26.00 to $18.00 and set a "neutral" rating on the stock in a report on Friday. Finally, Wells Fargo & Company cut their target price on Capri from $30.00 to $25.00 and set an "overweight" rating on the stock in a research report on Friday. Nine analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Capri currently has an average rating of "Hold" and a consensus target price of $24.08.

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.