Vanguard Personalized Indexing Management LLC Purchases 662 Shares of Capri Holdings Limited (NYSE:CPRI)

Vanguard Personalized Indexing Management LLC lifted its position in shares of Capri Holdings Limited (NYSE:CPRI) by 6.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,489 shares of the company’s stock after acquiring an additional 662 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Capri were worth $347,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CPRI. Quent Capital LLC increased its holdings in Capri by 171.8% in the first quarter. Quent Capital LLC now owns 1,120 shares of the company’s stock valued at $51,000 after purchasing an additional 708 shares during the last quarter. Bessemer Group Inc. grew its position in shares of Capri by 82.4% during the 1st quarter. Bessemer Group Inc. now owns 1,330 shares of the company’s stock worth $60,000 after buying an additional 601 shares during the period. Vima LLC bought a new stake in shares of Capri in the 4th quarter valued at about $70,000. CWM LLC raised its position in shares of Capri by 35.2% in 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. Finally, Signaturefd LLC boosted its stake in Capri by 14.7% during the 2nd quarter. Signaturefd LLC now owns 2,734 shares of the company’s stock worth $90,000 after acquiring an additional 351 shares during the last quarter. Institutional investors and hedge funds own 84.34% of the company’s stock.

Capri Price Performance

Shares of CPRI opened at $39.47 on Friday. The company’s 50-day moving average is $35.15 and its 200-day moving average is $36.51. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.95 and a quick ratio of 0.41. The firm has a market capitalization of $4.60 billion, a PE ratio of -20.04, a PEG ratio of 6.27 and a beta of 1.97. Capri Holdings Limited has a fifty-two week low of $29.28 and a fifty-two week high of $52.88.

Capri (NYSE:CPRI) last posted its earnings results on Thursday, August 8th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.55). The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.16 billion. Capri had a positive return on equity of 18.72% and a negative net margin of 5.81%. The firm’s quarterly revenue was down 13.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.74 EPS. Equities analysts forecast that Capri Holdings Limited will post 2.12 EPS for the current year.

Analysts Set New Price Targets

Several research firms have weighed in on CPRI. UBS Group reduced their target price on Capri from $42.00 to $39.00 and set a “neutral” rating on the stock in a report on Wednesday, September 11th. StockNews.com lowered Capri from a “hold” rating to a “sell” rating in a research report on Tuesday, August 27th. Citigroup downgraded shares of Capri from a “buy” rating to a “neutral” rating and set a $41.00 target price on the stock. in a report on Friday, September 13th. Finally, Wells Fargo & Company reduced their price target on shares of Capri from $43.00 to $42.00 and set an “overweight” rating for the company in a report on Friday, August 9th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $40.40.

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.