WINTON GROUP Ltd acquired a new position in Capri Holdings Limited (NYSE:CPRI – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 380,663 shares of the company’s stock, valued at approximately $9,288,000. WINTON GROUP Ltd owned approximately 0.32% of Capri at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of CPRI. Quantbot Technologies LP purchased a new stake in Capri in the 2nd quarter worth about $39,000. Aster Capital Management DIFC Ltd purchased a new stake in Capri in the 3rd quarter worth about $39,000. Hantz Financial Services Inc. lifted its stake in Capri by 167.4% in the 3rd 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. Headlands Technologies LLC purchased a new stake in Capri in the 2nd quarter worth about $139,000. Finally, State of Wyoming purchased a new stake in Capri in the 2nd quarter worth about $173,000. 84.34% of the stock is owned by hedge funds and other institutional investors.
Capri Stock Performance
Shares of NYSE CPRI opened at $18.86 on Friday. The company has a debt-to-equity ratio of 4.08, a quick ratio of 0.60 and a current ratio of 1.21. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 16.54, a P/E/G ratio of 0.35 and a beta of 1.40. The business’s 50-day simple moving average is $18.83 and its 200-day simple moving average is $21.39. Capri Holdings Limited has a 52 week low of $16.22 and a 52 week high of $28.26.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on CPRI shares. BTIG Research reissued a “buy” rating and issued a $30.00 price objective on shares of Capri in a research note on Thursday, May 28th. Barclays reduced their price objective on Capri from $32.00 to $24.00 and set an “overweight” rating for the company in a research note on Wednesday, April 8th. Raymond James Financial reissued an “outperform” rating and issued a $22.00 price objective on shares of Capri in a research note on Thursday, May 28th. Telsey Advisory Group reduced their price objective on Capri from $23.00 to $21.00 and set a “market perform” rating for the company in a research note on Thursday, May 28th. Finally, Wells Fargo & Company cut their price target on Capri from $21.00 to $20.00 and set an “equal weight” rating for the company in a research note on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Capri has an average rating of “Hold” and an average target price of $24.79.
Get Our Latest Stock Analysis on CPRI
Insider Activity at Capri
In related news, CEO John D. Idol acquired 55,000 shares of the stock in a transaction dated Wednesday, March 11th. The shares were acquired at an average price of $17.98 per share, with a total value 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. The trade was a 2.50% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 2.30% of the company’s stock.
Capri 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.
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