Capri Holdings Limited $CPRI Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. grew its position in shares of Capri Holdings Limited (NYSE:CPRI) by 1.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,701,832 shares of the company’s stock after acquiring an additional 121,209 shares during the quarter. Vanguard Group Inc. owned about 0.10% of Capri worth $285,525,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of CPRI. Aster Capital Management DIFC Ltd acquired a new stake in Capri in the third quarter worth about $39,000. Quantbot Technologies LP acquired a new stake in Capri in the second quarter worth about $39,000. Hantz Financial Services Inc. raised its position in Capri by 167.4% in the third quarter. Hantz Financial Services Inc. now owns 2,701 shares of the company’s stock worth $54,000 after acquiring an additional 1,691 shares in the last quarter. Root Financial Partners LLC bought a new stake in Capri in the third quarter worth about $60,000. Finally, Nisa Investment Advisors LLC raised its position in Capri by 17.0% in the third quarter. Nisa Investment Advisors LLC now owns 4,349 shares of the company’s stock worth $87,000 after acquiring an additional 632 shares in the last quarter. Institutional investors and hedge funds own 84.34% of the company’s stock.

Capri Price Performance

NYSE CPRI opened at $18.49 on Friday. The stock’s 50-day moving average price is $19.07 and its two-hundred day moving average price is $21.91. The company has a current ratio of 1.14, a quick ratio of 0.52 and a debt-to-equity ratio of 2.07. The company has a market cap of $2.20 billion, a PE ratio of -4.34, a PEG ratio of 0.30 and a beta of 1.43. Capri Holdings Limited has a 1 year low of $16.22 and a 1 year high of $28.26.

Capri (NYSE:CPRI) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.03. The firm had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $999.84 million. Capri had a negative return on equity of 430.23% and a negative net margin of 13.57%.The business’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.63 EPS. On average, analysts predict that Capri Holdings Limited will post 1.39 EPS for the current year.

Wall Street Analysts Forecast Growth

CPRI has been the topic of several research reports. Jefferies Financial Group initiated coverage on shares of Capri in a research report on Wednesday, January 14th. They issued a “hold” rating and a $24.00 price target on the stock. Telsey Advisory Group reiterated a “market perform” rating and issued a $23.00 price target on shares of Capri in a research report on Tuesday, February 3rd. TD Cowen reiterated a “buy” rating on shares of Capri in a research report on Wednesday, February 4th. UBS Group reiterated a “neutral” rating and issued a $22.00 price target on shares of Capri in a research report on Wednesday, February 4th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Capri in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $25.92.

Insider Transactions at Capri

In related news, CEO John D. Idol acquired 55,000 shares of the business’s stock in a transaction on Wednesday, March 11th. The shares were purchased at an average price of $17.98 per share, for a total transaction of $988,900.00. Following the acquisition, the chief executive officer owned 2,257,645 shares in the company, valued at approximately $40,592,457.10. This represents a 2.50% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.30% of the company’s stock.

Capri Company Profile

Capri Holdings Limited (NYSE: CPRI) is a global luxury fashion company that designs, markets and distributes a range of premium lifestyle products. The company’s principal brands—Michael Kors, Versace and Jimmy Choo—offer handbags, ready-to-wear apparel, footwear, watches, jewelry, fragrance and other accessories. Capri Holdings combines in-house design talent with international sourcing, manufacturing and retail operations to deliver collections that reflect each brand’s distinct heritage and aesthetic vision.

Formed in 2018 through the rebranding of Michael Kors Holdings following the acquisition of Versace, Capri has since integrated Jimmy Choo into its portfolio.