490,206 Shares in Capri Holdings Limited (NYSE:CPRI) Purchased by Jump Financial LLC

Jump Financial LLC bought a new stake in shares of Capri Holdings Limited (NYSE:CPRI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 490,206 shares of the company’s stock, valued at approximately $10,324,000. Jump Financial LLC owned 0.42% of Capri as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in Capri by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 11,377,630 shares of the company’s stock valued at $239,613,000 after acquiring an additional 151,866 shares during the last quarter. FMR LLC increased its position in shares of Capri by 249.4% during the 4th quarter. FMR LLC now owns 9,987,603 shares of the company’s stock valued at $210,339,000 after purchasing an additional 7,129,123 shares during the last quarter. Primecap Management Co. CA lifted its stake in shares of Capri by 13.2% in the 4th quarter. Primecap Management Co. CA now owns 4,688,333 shares of the company’s stock worth $98,736,000 after purchasing an additional 547,578 shares during the period. Pacer Advisors Inc. boosted its holdings in shares of Capri by 22,554.7% in the fourth quarter. Pacer Advisors Inc. now owns 3,902,960 shares of the company’s stock worth $82,196,000 after buying an additional 3,885,732 shares during the last quarter. Finally, Norges Bank bought a new stake in Capri during the fourth quarter valued at approximately $58,070,000. Hedge funds and other institutional investors own 84.34% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on CPRI. Jefferies Financial Group lifted their price target on shares of Capri from $20.00 to $23.00 and gave the stock a “hold” rating in a research note on Tuesday, January 28th. BMO Capital Markets upgraded Capri from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $25.00 to $31.00 in a research report on Monday, January 6th. Guggenheim reaffirmed a “buy” rating and issued a $30.00 price objective on shares of Capri in a research note on Wednesday, February 12th. Telsey Advisory Group cut their price objective on Capri from $23.00 to $17.00 and set a “market perform” rating for the company in a research note on Friday, April 11th. Finally, Citigroup upgraded shares of Capri from a “neutral” rating to a “buy” rating and raised their target price for the stock from $21.00 to $29.00 in a research note on Friday, January 10th. Nine analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $24.08.

Capri Stock Down 5.9 %

Shares of CPRI stock opened at $13.56 on Wednesday. The stock has a market cap of $1.60 billion, a P/E ratio of -1.59, a PEG ratio of 7.80 and a beta of 1.77. The company’s fifty day simple moving average is $19.86 and its two-hundred day simple moving average is $23.99. The company has a quick ratio of 0.59, a current ratio of 1.21 and a debt-to-equity ratio of 1.36. Capri Holdings Limited has a 52 week low of $11.86 and a 52 week high of $43.34.

Capri (NYSE:CPRI) last posted its earnings results 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 previous year, the company earned $1.20 earnings per share. Analysts predict that Capri Holdings Limited will post 0.98 EPS for the current fiscal year.

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.