Capri Holdings Limited (NYSE:CPRI) Shares Acquired by Toronto Dominion Bank

Toronto Dominion Bank increased its position in shares of Capri Holdings Limited (NYSE:CPRI) by 41,760,300.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 417,604 shares of the company’s stock after purchasing an additional 417,603 shares during the quarter. Toronto Dominion Bank owned 0.35% of Capri worth $8,795,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Saba Capital Management L.P. acquired a new position in Capri in the fourth quarter valued at approximately $1,449,000. Sherbrooke Park Advisers LLC bought a new stake in shares of Capri in the 4th quarter worth approximately $826,000. Quantinno Capital Management LP boosted its position in Capri by 182.7% during the 4th quarter. Quantinno Capital Management LP now owns 17,324 shares of the company’s stock valued at $365,000 after purchasing an additional 11,197 shares during the period. Junto Capital Management LP acquired a new position in Capri during the 4th quarter valued at approximately $26,112,000. Finally, Graham Capital Management L.P. bought a new position in Capri during the 4th quarter worth $3,218,000. Institutional investors and hedge funds own 84.34% of the company’s stock.

Capri Stock Down 0.1%

Capri stock opened at $18.20 on Wednesday. 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 $2.15 billion, a price-to-earnings ratio of -2.13, a PEG ratio of 7.80 and a beta of 1.64. The company’s 50-day moving average price is $16.87 and its two-hundred day moving average price is $20.22. The company has a current ratio of 1.21, a quick ratio of 0.59 and a debt-to-equity ratio of 1.36.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CPRI. Guggenheim reiterated a “buy” rating and issued a $30.00 target price on shares of Capri in a research note on Wednesday, February 12th. Telsey Advisory Group dropped their price objective on shares of Capri from $23.00 to $17.00 and set a “market perform” rating on the stock in a report on Friday, April 11th. Wells Fargo & Company cut their price objective on shares of Capri from $30.00 to $25.00 and set an “overweight” rating on the stock in a research report on Friday, April 11th. Robert W. Baird decreased their target price on shares of Capri from $26.00 to $18.00 and set a “neutral” rating for the company in a research report on Friday, April 11th. Finally, StockNews.com upgraded shares of Capri from a “sell” rating to a “hold” rating in a research note on Friday, February 7th. Nine investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $24.08.

About Capri

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.