Capri Holdings Limited $CPRI Shares Sold by Jump Financial LLC

Jump Financial LLC decreased its position in Capri Holdings Limited (NYSE:CPRI) by 81.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 92,568 shares of the company’s stock after selling 397,638 shares during the quarter. Jump Financial LLC’s holdings in Capri were worth $1,826,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in CPRI. Farther Finance Advisors LLC raised its stake in Capri by 758.1% in the 1st quarter. Farther Finance Advisors LLC now owns 1,433 shares of the company’s stock valued at $28,000 after purchasing an additional 1,266 shares during the last quarter. Banque Cantonale Vaudoise acquired a new position in Capri in the 1st quarter valued at about $29,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Capri in the 1st quarter valued at about $30,000. UMB Bank n.a. boosted its stake in Capri by 134.9% in the 1st quarter. UMB Bank n.a. now owns 1,776 shares of the company’s stock worth $35,000 after buying an additional 1,020 shares during the last quarter. Finally, Fifth Third Bancorp boosted its stake in Capri by 139.6% in the 1st quarter. Fifth Third Bancorp now owns 2,343 shares of the company’s stock worth $46,000 after buying an additional 1,365 shares during the last quarter. Institutional investors and hedge funds own 84.34% of the company’s stock.

Capri Trading Up 0.4%

Shares of CPRI opened at $21.55 on Thursday. The stock’s 50-day moving average is $19.20 and its two-hundred day moving average is $18.53. The stock has a market cap of $2.57 billion, a PE ratio of -2.29, a P/E/G ratio of 0.46 and a beta of 1.72. Capri Holdings Limited has a 12 month low of $11.86 and a 12 month high of $43.34. The company has a debt-to-equity ratio of 3.97, a current ratio of 1.17 and a quick ratio of 0.61.

Capri (NYSE:CPRI) last announced its earnings results on Wednesday, August 6th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.37. The company had revenue of $797.00 million during the quarter, compared to the consensus estimate of $773.18 million. Capri had a negative return on equity of 53.50% and a negative net margin of 26.73%.The company’s revenue was down 6.0% on a year-over-year basis. During the same period last year, the firm earned $0.04 earnings per share. Equities analysts forecast that Capri Holdings Limited will post 0.98 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CPRI has been the topic of a number of research analyst reports. Wall Street Zen raised Capri from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. UBS Group raised their price target on Capri from $18.00 to $23.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. Telsey Advisory Group reissued a “market perform” rating and issued a $22.00 price target (up from $20.00) on shares of Capri in a research note on Wednesday, August 6th. Finally, JPMorgan Chase & Co. upgraded Capri from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $21.00 to $30.00 in a research note on Wednesday, August 13th. Five analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Capri presently has an average rating of “Hold” and an average target price of $24.08.

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.