5,503 Shares in Capri Holdings Limited (NYSE:CPRI) Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. acquired a new position in Capri Holdings Limited (NYSE:CPRI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,503 shares of the company’s stock, valued at approximately $276,000.

Several other institutional investors have also bought and sold shares of the stock. Fifth Third Bancorp lifted its holdings in Capri by 34.0% in the third quarter. Fifth Third Bancorp now owns 1,735 shares of the company’s stock worth $91,000 after purchasing an additional 440 shares during the period. M&T Bank Corp lifted its holdings in Capri by 9.0% in the third quarter. M&T Bank Corp now owns 8,683 shares of the company’s stock worth $457,000 after purchasing an additional 716 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Capri by 9.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,279 shares of the company’s stock worth $593,000 after purchasing an additional 1,012 shares during the period. Cerity Partners LLC lifted its holdings in Capri by 24.3% in the fourth quarter. Cerity Partners LLC now owns 5,295 shares of the company’s stock worth $266,000 after purchasing an additional 1,035 shares during the period. Finally, SG Americas Securities LLC lifted its holdings in Capri by 27.8% in the third quarter. SG Americas Securities LLC now owns 5,417 shares of the company’s stock worth $285,000 after purchasing an additional 1,177 shares during the period. Institutional investors and hedge funds own 84.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CPRI. Telsey Advisory Group cut their price target on shares of Capri from $57.00 to $42.00 and set a “market perform” rating for the company in a report on Tuesday. StockNews.com began coverage on shares of Capri in a report on Saturday, April 13th. They issued a “hold” rating for the company. Finally, OTR Global reissued a “mixed” rating on shares of Capri in a report on Wednesday, April 17th. Thirteen research analysts have rated the stock with a hold rating, According to MarketBeat, Capri currently has an average rating of “Hold” and an average price target of $49.25.

Capri Price Performance

Shares of CPRI opened at $36.51 on Wednesday. The company has a market capitalization of $4.26 billion, a price-to-earnings ratio of 20.51, a P/E/G ratio of 7.82 and a beta of 2.03. Capri Holdings Limited has a fifty-two week low of $34.17 and a fifty-two week high of $54.52. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.06 and a quick ratio of 0.49. The business’s 50-day moving average is $44.75 and its 200-day moving average is $47.89.

Capri (NYSE:CPRI) last issued its earnings results on Thursday, February 8th. The company reported $1.20 earnings per share for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.54). The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.48 billion. Capri had a net margin of 3.96% and a return on equity of 25.79%. Capri’s revenue for the quarter was down 5.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.84 EPS. Equities research analysts expect that Capri Holdings Limited will post 3.8 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.