Vontobel Holding Ltd. Buys 45,209 Shares of Capri Holdings Limited (NYSE:CPRI)

Vontobel Holding Ltd. increased its holdings in Capri Holdings Limited (NYSE:CPRI) by 382.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,042 shares of the company’s stock after acquiring an additional 45,209 shares during the quarter. Vontobel Holding Ltd.’s holdings in Capri were worth $1,201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Pacer Advisors Inc. grew its position in Capri by 22,554.7% during the 4th quarter. Pacer Advisors Inc. now owns 3,902,960 shares of the company’s stock valued at $82,196,000 after purchasing an additional 3,885,732 shares during the last quarter. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Capri during the 4th quarter valued at about $48,953,000. FMR LLC boosted its holdings in shares of Capri by 389.2% during the 3rd quarter. FMR LLC now owns 2,858,480 shares of the company’s stock valued at $121,314,000 after acquiring an additional 2,274,149 shares during the last quarter. Oddo BHF Asset Management Sas purchased a new stake in shares of Capri during the 3rd quarter valued at about $25,888,000. Finally, Primecap Management Co. CA boosted its holdings in shares of Capri by 14.2% during the 3rd quarter. Primecap Management Co. CA now owns 4,140,755 shares of the company’s stock valued at $175,734,000 after acquiring an additional 515,963 shares during the last quarter. 84.34% of the stock is currently owned by institutional investors.

Capri Stock Down 0.5 %

Shares of Capri stock opened at $22.52 on Tuesday. The business’s fifty day moving average price is $22.57 and its two-hundred day moving average price is $28.66. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.21 and a quick ratio of 0.38. The company has a market capitalization of $2.66 billion, a P/E ratio of -2.63, a PEG ratio of 4.97 and a beta of 2.06. Capri Holdings Limited has a 1-year low of $18.70 and a 1-year high of $47.72.

Capri (NYSE:CPRI) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.45 EPS for the quarter, missing analysts’ consensus estimates 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 earnings per share. As a group, research analysts forecast that Capri Holdings Limited will post 1.51 EPS for the current year.

Wall Street Analysts Forecast Growth

CPRI has been the topic of a number of research reports. StockNews.com raised shares of Capri from a “sell” rating to a “hold” rating in a report on Friday, February 7th. Guggenheim reaffirmed a “buy” rating and set a $30.00 price objective on shares of Capri in a research note on Wednesday, February 12th. Wells Fargo & Company boosted their target price on shares of Capri from $28.00 to $30.00 and gave the company an “overweight” rating in a research note on Monday, January 27th. JPMorgan Chase & Co. boosted their target price on shares of Capri from $15.00 to $19.00 and gave the stock a “neutral” rating in a report on Monday, December 16th. Finally, Robert W. Baird cut their price objective on shares of Capri from $24.00 to $23.00 and set a “neutral” rating on the stock in a report on Friday, November 8th. Nine research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $25.92.

Capri Company 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.