Capri Holdings Limited (NYSE:CPRI) Shares Bought by US Bancorp DE

US Bancorp DE raised its stake in shares of Capri Holdings Limited (NYSE:CPRI) by 164.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,097 shares of the company’s stock after purchasing an additional 3,167 shares during the quarter. US Bancorp DE’s holdings in Capri were worth $216,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in CPRI. Bessemer Group Inc. raised its stake in Capri by 82.4% in the 1st quarter. Bessemer Group Inc. now owns 1,330 shares of the company’s stock worth $60,000 after acquiring an additional 601 shares during the last quarter. EMC Capital Management raised its position in Capri by 32.7% during the 1st quarter. EMC Capital Management now owns 2,421 shares of the company’s stock worth $110,000 after buying an additional 596 shares during the last quarter. CWM LLC lifted its stake in Capri by 35.2% during the 2nd quarter. CWM LLC now owns 2,452 shares of the company’s stock valued at $81,000 after acquiring an additional 638 shares during the period. Signaturefd LLC boosted its holdings in shares of Capri by 14.7% in the 2nd quarter. Signaturefd LLC now owns 2,734 shares of the company’s stock valued at $90,000 after acquiring an additional 351 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of Capri by 1,580.1% in the 2nd quarter. GAMMA Investing LLC now owns 3,713 shares of the company’s stock valued at $123,000 after acquiring an additional 3,492 shares during the last quarter. Hedge funds and other institutional investors own 84.34% of the company’s stock.

Capri Stock Performance

CPRI opened at $20.53 on Friday. The firm’s fifty day simple moving average is $34.87 and its two-hundred day simple moving average is $34.28. Capri Holdings Limited has a 52-week low of $18.70 and a 52-week high of $51.23. The company has a market cap of $2.42 billion, a price-to-earnings ratio of -6.71, a PEG ratio of 3.84 and a beta of 2.05. The company has a quick ratio of 0.38, a current ratio of 0.93 and a debt-to-equity ratio of 0.83.

Analysts Set New Price Targets

CPRI has been the subject of a number of research reports. Robert W. Baird decreased their target price on shares of Capri from $24.00 to $23.00 and set a “neutral” rating for the company in a research report on Friday, November 8th. JPMorgan Chase & Co. reduced their price target on Capri from $57.00 to $22.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Telsey Advisory Group restated a “market perform” rating and issued a $26.00 price objective on shares of Capri in a research report on Friday, November 1st. StockNews.com lowered shares of Capri from a “hold” rating to a “sell” rating in a report on Tuesday, August 27th. Finally, Citigroup downgraded shares of Capri from a “buy” rating to a “neutral” rating and set a $41.00 price target on the stock. in a report on Friday, September 13th. One investment analyst has rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. According to data from MarketBeat.com, Capri currently has an average rating of “Hold” and a consensus price target of $30.29.

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.