Capri Holdings Limited (NYSE:CPRI) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC raised its position in Capri Holdings Limited (NYSE:CPRI) by 17.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,437 shares of the company’s stock after acquiring an additional 8,288 shares during the quarter. SG Americas Securities LLC’s holdings in Capri were worth $2,395,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Quent Capital LLC grew its position 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 acquiring an additional 708 shares in the last quarter. Bessemer Group Inc. grew its position in shares of Capri by 82.4% during the first quarter. Bessemer Group Inc. now owns 1,330 shares of the company’s stock worth $60,000 after buying an additional 601 shares in the last quarter. Vima LLC acquired a new stake in shares of Capri during the fourth quarter worth approximately $70,000. CWM LLC grew its position in shares of Capri by 35.2% during the second quarter. CWM LLC now owns 2,452 shares of the company’s stock worth $81,000 after buying an additional 638 shares in the last quarter. Finally, Signaturefd LLC grew its position in shares of Capri by 14.7% during the second quarter. Signaturefd LLC now owns 2,734 shares of the company’s stock worth $90,000 after buying an additional 351 shares in the last quarter. Institutional investors and hedge funds own 84.34% of the company’s stock.

Capri Stock Performance

Shares of CPRI opened at $42.64 on Tuesday. 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 stock has a market capitalization of $4.97 billion, a PE ratio of -21.64, a price-to-earnings-growth ratio of 6.27 and a beta of 1.97. Capri Holdings Limited has a 12-month low of $29.28 and a 12-month high of $52.19. The business’s fifty day moving average price is $36.19 and its 200 day moving average price is $36.20.

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

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on CPRI shares. UBS Group decreased their price target on shares of Capri from $42.00 to $39.00 and set a “neutral” rating for the company in a research report on Wednesday, September 11th. Citigroup downgraded shares of Capri from a “buy” rating to a “neutral” rating and set a $41.00 price target for the company. in a research report on Friday, September 13th. StockNews.com downgraded shares of Capri from a “hold” rating to a “sell” rating in a research report on Tuesday, August 27th. Finally, Wells Fargo & Company reduced their price objective on Capri from $43.00 to $42.00 and set an “overweight” rating on the stock in a research note on Friday, August 9th. One equities 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 stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $40.40.

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.