FDx Advisors Inc. purchased a new position in Capri Holdings Limited (NYSE:CPRI – Get Rating) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 4,384 shares of the company’s stock, valued at approximately $251,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Park Avenue Securities LLC grew its holdings in Capri by 2.3% during the 4th quarter. Park Avenue Securities LLC now owns 8,267 shares of the company’s stock valued at $474,000 after buying an additional 184 shares during the last quarter. Ellevest Inc. lifted its stake in shares of Capri by 77.0% during the 4th quarter. Ellevest Inc. now owns 492 shares of the company’s stock worth $28,000 after purchasing an additional 214 shares during the period. Cooper Financial Group lifted its stake in shares of Capri by 3.9% during the 4th quarter. Cooper Financial Group now owns 6,093 shares of the company’s stock worth $349,000 after purchasing an additional 228 shares during the period. TCI Wealth Advisors Inc. lifted its stake in shares of Capri by 123.5% during the 4th quarter. TCI Wealth Advisors Inc. now owns 590 shares of the company’s stock worth $34,000 after purchasing an additional 326 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in shares of Capri by 1.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 20,513 shares of the company’s stock worth $1,176,000 after purchasing an additional 368 shares during the period. Institutional investors and hedge funds own 90.28% of the company’s stock.
Analysts Set New Price Targets
CPRI has been the topic of several research reports. TheStreet raised Capri from a “c+” rating to a “b-” rating in a research report on Friday, February 10th. Robert W. Baird cut their target price on shares of Capri from $70.00 to $68.00 and set an “outperform” rating on the stock in a report on Thursday, February 9th. Jefferies Financial Group cut shares of Capri from a “buy” rating to a “hold” rating and cut their target price for the stock from $58.00 to $45.00 in a report on Tuesday, April 25th. Cowen cut Capri from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from $70.00 to $55.00 in a report on Monday, February 13th. Finally, Morgan Stanley restated an “overweight” rating and issued a $55.00 price target (down previously from $58.00) on shares of Capri in a research report on Thursday, February 9th. Six analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Capri has a consensus rating of “Moderate Buy” and a consensus price target of $59.07.
Capri Trading Up 0.6 %
Capri Company Profile
Capri Holdings Ltd. operates as a global fashion luxury group. It engages in the design and distribution of sportswear, accessories, footwear and apparel of branded women’s apparel and accessories and men’s apparel. The firm operates through the following segments: Versace, Jimmy Choo, and Michael Kors.
Read More
- Get a free copy of the StockNews.com research report on Capri (CPRI)
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