Public Employees Retirement System of Ohio Invests $3.80 Million in Capri Holdings Limited (NYSE:CPRI)

Public Employees Retirement System of Ohio acquired a new position in Capri Holdings Limited (NYSE:CPRI - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 89,632 shares of the company's stock, valued at approximately $3,804,000. Public Employees Retirement System of Ohio owned approximately 0.08% of Capri at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CPRI. Blair William & Co. IL grew its holdings in shares of Capri by 5.8% during the 2nd quarter. Blair William & Co. IL now owns 6,362 shares of the company's stock valued at $210,000 after acquiring an additional 350 shares in the last quarter. Signaturefd LLC boosted its position in Capri by 14.7% during the second quarter. Signaturefd LLC now owns 2,734 shares of the company's stock valued at $90,000 after purchasing an additional 351 shares during the last quarter. Avior Wealth Management LLC grew its stake in Capri by 15.2% in the third quarter. Avior Wealth Management LLC now owns 4,033 shares of the company's stock valued at $171,000 after purchasing an additional 533 shares in the last quarter. CWM LLC increased its position in Capri by 35.2% in the 2nd quarter. CWM LLC now owns 2,452 shares of the company's stock worth $81,000 after purchasing an additional 638 shares during the last quarter. Finally, KBC Group NV raised its stake in shares of Capri by 26.9% during the 3rd quarter. KBC Group NV now owns 3,074 shares of the company's stock worth $130,000 after purchasing an additional 652 shares in the last quarter. 84.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

CPRI has been the topic of a number of research reports. UBS Group dropped their price objective on Capri from $42.00 to $39.00 and set a "neutral" rating on the stock in a report on Wednesday, September 11th. StockNews.com downgraded shares of Capri from a "hold" rating to a "sell" rating in a report on Tuesday, August 27th. Wells Fargo & Company decreased their price objective on shares of Capri from $42.00 to $23.00 and set an "equal weight" rating for the company in a report on Friday, October 25th. Robert W. Baird cut their target price on Capri from $24.00 to $23.00 and set a "neutral" rating on the stock in a report on Friday, November 8th. Finally, JPMorgan Chase & Co. upped their price target on Capri from $15.00 to $19.00 and gave the stock a "neutral" rating in a research note on Monday. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $27.90.

Capri Stock Performance

Capri stock traded up $0.80 during mid-day trading on Monday, reaching $22.16. The company had a trading volume of 7,583,366 shares, compared to its average volume of 2,228,246. The company has a 50 day moving average of $26.83 and a 200-day moving average of $32.06. Capri Holdings Limited has a 52 week low of $18.70 and a 52 week high of $51.23. The company has a quick ratio of 0.38, a current ratio of 0.93 and a debt-to-equity ratio of 0.83. The firm has a market cap of $2.61 billion, a price-to-earnings ratio of -7.24, a PEG ratio of 4.63 and a beta of 2.05.

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.