Capri Holdings Limited (NYSE:CPRI) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. lifted its position in shares of Capri Holdings Limited (NYSE:CPRI - Free Report) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,377,630 shares of the company's stock after purchasing an additional 151,866 shares during the period. Vanguard Group Inc. owned about 9.65% of Capri worth $239,613,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

A number of research analysts recently commented on CPRI shares. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $23.00 target price on shares of Capri in a research report on Wednesday, April 2nd. Barclays dropped their price objective on Capri from $19.00 to $13.00 and set an "equal weight" rating on the stock in a report on Thursday. BMO Capital Markets upgraded Capri from a "market perform" rating to an "outperform" rating and lifted their target price for the stock from $25.00 to $31.00 in a research report on Monday, January 6th. Guggenheim reissued a "buy" rating and issued a $30.00 target price on shares of Capri in a research report on Wednesday, February 12th. Finally, Bank of America assumed coverage on Capri in a research report on Monday, February 10th. They set a "neutral" rating and a $23.00 price target on the stock. Nine equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $25.42.

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Capri Stock Performance

Capri stock traded down $1.74 during trading hours on Thursday, reaching $14.63. 12,491,014 shares of the stock were exchanged, compared to its average volume of 3,119,458. Capri Holdings Limited has a 52-week low of $11.86 and a 52-week high of $43.34. The stock has a market cap of $1.72 billion, a P/E ratio of -1.71, a P/E/G ratio of 7.80 and a beta of 1.77. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 1.21. The firm's 50 day moving average is $20.19 and its 200 day moving average is $24.43.

Capri (NYSE:CPRI - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.27). Capri had a positive return on equity of 12.89% and a negative net margin of 21.79%. During the same quarter in the previous year, the firm earned $1.20 EPS. Analysts predict that Capri Holdings Limited will post 0.98 EPS for the current fiscal 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.