Thrivent Financial for Lutherans Has $1.18 Million Position in Capri Holdings Limited (NYSE:CPRI)

Thrivent Financial for Lutherans lessened its position in Capri Holdings Limited (NYSE:CPRI) by 1.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,889 shares of the company’s stock after selling 493 shares during the period. Thrivent Financial for Lutherans’ holdings in Capri were worth $1,184,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of CPRI. Price T Rowe Associates Inc. MD increased its holdings in shares of Capri by 6.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 58,222 shares of the company’s stock worth $2,638,000 after acquiring an additional 3,540 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Capri by 1,580.1% in the second quarter. GAMMA Investing LLC now owns 3,713 shares of the company’s stock valued at $123,000 after purchasing an additional 3,492 shares during the last quarter. CWM LLC raised its position in shares of Capri by 35.2% in the second quarter. CWM LLC now owns 2,452 shares of the company’s stock valued at $81,000 after purchasing an additional 638 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Capri by 50.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 8,399 shares of the company’s stock worth $278,000 after buying an additional 2,806 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of Capri by 12.2% during the 2nd quarter. Nisa Investment Advisors LLC now owns 6,485 shares of the company’s stock worth $215,000 after buying an additional 705 shares during the period. 84.34% of the stock is currently owned by institutional investors and hedge funds.

Capri Price Performance

Capri stock opened at $23.41 on Monday. The stock’s fifty day moving average price is $30.87 and its two-hundred day moving average price is $33.04. The firm has a market cap of $2.76 billion, a PE ratio of -7.65, a price-to-earnings-growth ratio of 4.99 and a beta of 2.05. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.93 and a quick ratio of 0.38. Capri Holdings Limited has a one year low of $18.70 and a one year high of $51.23.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CPRI. Citigroup cut 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. UBS Group lowered their target price on Capri from $42.00 to $39.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 11th. JPMorgan Chase & Co. dropped their price target on Capri from $57.00 to $22.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Robert W. Baird decreased their price objective on Capri from $24.00 to $23.00 and set a “neutral” rating on the stock in a report on Friday, November 8th. Finally, Wells Fargo & Company lowered their price objective on Capri from $42.00 to $23.00 and set an “equal weight” rating on the stock in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $28.20.

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.