Sei Investments Co. Sells 24,921 Shares of Capri Holdings Limited (NYSE:CPRI)

Sei Investments Co. lowered its stake in Capri Holdings Limited (NYSE:CPRI - Free Report) by 16.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 123,366 shares of the company's stock after selling 24,921 shares during the quarter. Sei Investments Co. owned approximately 0.10% of Capri worth $2,599,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sunbelt Securities Inc. acquired a new position in shares of Capri during the 3rd quarter worth approximately $42,000. Twin Tree Management LP bought a new position in shares of Capri in the fourth quarter valued at $45,000. Quarry LP acquired a new position in Capri during the third quarter worth $53,000. KBC Group NV raised its position in Capri by 63.9% during the fourth quarter. KBC Group NV now owns 5,039 shares of the company's stock worth $106,000 after acquiring an additional 1,965 shares in the last quarter. Finally, LexAurum Advisors LLC acquired a new stake in Capri in the fourth quarter valued at $211,000. Institutional investors own 84.34% of the company's stock.

Capri Price Performance

Capri stock traded up $3.90 during mid-day trading on Wednesday, reaching $16.38. 15,709,168 shares of the company were exchanged, compared to its average volume of 3,077,602. The firm has a market cap of $1.93 billion, a PE ratio of -1.92, a PEG ratio of 7.80 and a beta of 1.77. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.21 and a quick ratio of 0.59. The company has a fifty day simple moving average of $20.37 and a 200-day simple moving average of $24.59. Capri Holdings Limited has a 12 month low of $11.89 and a 12 month high of $43.94.

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Capri (NYSE:CPRI - Get Free Report) last released its earnings results on Wednesday, February 5th. The company reported $0.45 EPS 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 quarter in the prior year, the business earned $1.20 earnings per share. As a group, equities research analysts expect that Capri Holdings Limited will post 0.98 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on CPRI shares. Wells Fargo & Company boosted their price objective on shares of Capri from $28.00 to $30.00 and gave the stock an "overweight" rating in a research note on Monday, January 27th. StockNews.com upgraded Capri from a "sell" rating to a "hold" rating in a research note on Friday, February 7th. BMO Capital Markets raised Capri from a "market perform" rating to an "outperform" rating and boosted their target price for the stock from $25.00 to $31.00 in a report on Monday, January 6th. Guggenheim reissued a "buy" rating and issued a $30.00 price objective on shares of Capri in a research report on Wednesday, February 12th. Finally, JPMorgan Chase & Co. raised their target price on shares of Capri from $15.00 to $19.00 and gave the stock a "neutral" rating in a research note on Monday, December 16th. Nine equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $25.92.

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.