Vanguard Group Inc. Has $239.61 Million Stock Holdings in Capri Holdings Limited (NYSE:CPRI)

Vanguard Group Inc. raised its stake in Capri Holdings Limited (NYSE:CPRI) by 1.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,377,630 shares of the company’s stock after buying an additional 151,866 shares during the period. Vanguard Group Inc. owned 9.65% of Capri worth $239,613,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. LPL Financial LLC grew its holdings in Capri by 49.7% during the 4th quarter. LPL Financial LLC now owns 119,515 shares of the company’s stock worth $2,517,000 after acquiring an additional 39,685 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Capri in the fourth quarter valued at $489,000. Virtu Financial LLC acquired a new stake in Capri in the fourth quarter valued at $606,000. Quantbot Technologies LP bought a new position in Capri during the 4th quarter worth $2,316,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of Capri by 37.4% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 276,037 shares of the company’s stock valued at $5,813,000 after buying an additional 75,072 shares during the last quarter. Institutional investors own 84.34% of the company’s stock.

Analyst Ratings Changes

CPRI has been the subject of a number of analyst reports. Wells Fargo & Company raised their price objective on Capri from $28.00 to $30.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. BMO Capital Markets upgraded shares of Capri from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $25.00 to $31.00 in a report on Monday, January 6th. Citigroup raised shares of Capri from a “neutral” rating to a “buy” rating and upped their price objective for the company from $21.00 to $29.00 in a research note on Friday, January 10th. Bank of America assumed coverage on shares of Capri in a research note on Monday, February 10th. They set a “neutral” rating and a $23.00 target price for the company. Finally, StockNews.com raised shares of Capri from a “sell” rating to a “hold” rating in a research report on Friday, February 7th. Nine equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Capri currently has a consensus rating of “Hold” and a consensus price target of $25.92.

Capri Price Performance

CPRI opened at $14.46 on Friday. The firm has a market cap of $1.71 billion, a P/E ratio of -1.69, a PEG ratio of 7.80 and a beta of 1.77. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 1.21. Capri Holdings Limited has a fifty-two week low of $13.12 and a fifty-two week high of $44.11. The firm has a 50-day moving average of $21.49 and a 200 day moving average of $25.45.

Capri (NYSE:CPRI) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.72 by ($0.27). Capri had a positive return on equity of 12.89% and a negative net margin of 21.79%. During the same period in the prior year, the company posted $1.20 EPS. On average, research analysts expect that Capri Holdings Limited will post 0.98 EPS for the current year.

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.