Segall Bryant & Hamill LLC Purchases New Position in Capri Holdings Limited (NYSE:CPRI)

Segall Bryant & Hamill LLC acquired 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 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,168,893 shares of the company's stock, valued at approximately $24,617,000. Segall Bryant & Hamill LLC owned approximately 0.99% of Capri as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in CPRI. Arizona State Retirement System boosted its position in Capri by 1.8% during the 4th quarter. Arizona State Retirement System now owns 34,185 shares of the company's stock valued at $720,000 after purchasing an additional 596 shares during the period. Exchange Traded Concepts LLC increased 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 worth $458,000 after acquiring an additional 643 shares during the period. Xponance Inc. lifted its position in 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 purchasing an additional 757 shares during the last quarter. Sunbelt Securities Inc. bought a new position in Capri in the 3rd quarter worth about $42,000. Finally, Quarry LP acquired a new stake in shares of Capri in the third quarter valued at approximately $53,000. Institutional investors own 84.34% of the company's stock.

Wall Street Analyst Weigh In

CPRI has been the topic of several analyst reports. Bank of America assumed coverage on Capri in a research report on Monday, February 10th. They issued a "neutral" rating and a $23.00 target price on the stock. StockNews.com raised shares of Capri from a "sell" rating to a "hold" rating in a report on Friday, February 7th. Guggenheim restated a "buy" rating and set a $30.00 price target on shares of Capri in a research report on Wednesday, February 12th. Wells Fargo & Company increased their price objective on shares of Capri from $28.00 to $30.00 and gave the company an "overweight" rating in a report on Monday, January 27th. Finally, Telsey Advisory Group reaffirmed a "market perform" rating and set a $23.00 price target on shares of Capri in a research note on Thursday, February 20th. Nine equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Capri has an average rating of "Hold" and an average price target of $25.92.

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Capri Stock Down 1.4 %

NYSE:CPRI traded down $0.29 during trading hours on Friday, hitting $20.30. 1,976,672 shares of the company's stock traded hands, compared to its average volume of 2,832,259. The stock's fifty day moving average price is $22.17 and its two-hundred day moving average price is $26.10. The firm has a market cap of $2.39 billion, a P/E ratio of -2.37, a P/E/G ratio of 7.80 and a beta of 2.10. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 1.21. Capri Holdings Limited has a twelve month low of $18.53 and a twelve month high of $45.77.

Capri (NYSE:CPRI - Get Free Report) last issued its earnings results on Wednesday, February 5th. The company reported $0.45 earnings per share 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 last year, the company posted $1.20 earnings per share. On average, research analysts expect that Capri Holdings Limited will post 0.98 earnings per share for the current fiscal year.

Capri Company 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.