Nebula Research & Development LLC Purchases Shares of 121,831 Capri Holdings Limited (NYSE:CPRI)

Nebula Research & Development LLC acquired a new position in shares of Capri Holdings Limited (NYSE:CPRI - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 121,831 shares of the company's stock, valued at approximately $2,566,000. Nebula Research & Development LLC owned about 0.10% of Capri at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Arizona State Retirement System lifted its holdings in shares of Capri by 1.8% in the 4th quarter. Arizona State Retirement System now owns 34,185 shares of the company's stock valued at $720,000 after buying an additional 596 shares during the period. Exchange Traded Concepts LLC lifted its holdings 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 valued at $458,000 after buying an additional 643 shares during the period. Xponance Inc. lifted its holdings in shares of Capri by 5.7% in the 4th quarter. Xponance Inc. now owns 14,056 shares of the company's stock valued at $296,000 after buying an additional 757 shares during the period. KBC Group NV lifted its holdings in shares of Capri by 63.9% in the 4th quarter. KBC Group NV now owns 5,039 shares of the company's stock valued at $106,000 after buying an additional 1,965 shares during the period. Finally, Twin Tree Management LP acquired a new stake in shares of Capri in the 4th quarter valued at approximately $45,000. 84.34% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CPRI has been the subject of several recent analyst reports. Guggenheim reissued a "buy" rating and issued a $30.00 price target on shares of Capri in a report on Wednesday, February 12th. Bank of America started coverage on Capri in a report on Monday, February 10th. They set a "neutral" rating and a $23.00 price objective for the company. Citigroup raised Capri from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $21.00 to $29.00 in a report on Friday, January 10th. Telsey Advisory Group reduced their price objective on Capri from $23.00 to $17.00 and set a "market perform" rating for the company in a report on Friday, April 11th. Finally, Jefferies Financial Group lifted their price objective on Capri from $20.00 to $23.00 and gave the stock a "hold" rating in a report on Tuesday, January 28th. Nine equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $24.08.

Capri Trading Up 2.0 %

Shares of NYSE:CPRI traded up $0.29 during midday trading on Monday, reaching $15.16. The company's stock had a trading volume of 2,332,563 shares, compared to its average volume of 3,114,792. The firm has a market cap of $1.79 billion, a price-to-earnings ratio of -1.77, a price-to-earnings-growth ratio of 7.80 and a beta of 1.77. The company has a quick ratio of 0.59, a current ratio of 1.21 and a debt-to-equity ratio of 1.36. Capri Holdings Limited has a 1 year low of $11.86 and a 1 year high of $43.34. The business has a 50 day moving average price of $18.39 and a 200 day moving average price of $22.19.

Capri (NYSE:CPRI - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.45 EPS for the quarter, missing analysts' consensus estimates 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 company posted $1.20 earnings per share. Research analysts forecast that Capri Holdings Limited will post 0.98 EPS for the current year.

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.