32,600 Shares in Capri Holdings Limited (NYSE:CPRI) Bought by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System bought a new position in Capri Holdings Limited (NYSE:CPRI) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 32,600 shares of the company’s stock, valued at approximately $1,638,000.

A number of other institutional investors also recently bought and sold shares of CPRI. Itau Unibanco Holding S.A. bought a new position in Capri in the 2nd quarter worth $63,000. U S Global Investors Inc. bought a new position in Capri in the 4th quarter worth $75,000. Fifth Third Bancorp raised its holdings in Capri by 34.0% in the 3rd quarter. Fifth Third Bancorp now owns 1,735 shares of the company’s stock worth $91,000 after purchasing an additional 440 shares during the period. EMC Capital Management bought a new position in Capri in the 3rd quarter worth $96,000. Finally, Apollon Wealth Management LLC bought a new position in Capri in the 1st quarter worth $202,000. 84.34% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. OTR Global reaffirmed a “mixed” rating on shares of Capri in a report on Wednesday. StockNews.com started coverage on Capri in a research note on Saturday, April 13th. They issued a “hold” rating for the company. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $57.00 price target on shares of Capri in a research note on Friday, February 9th. Thirteen research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Capri has an average rating of “Hold” and an average target price of $50.50.

Capri Trading Up 1.8 %

Shares of Capri stock opened at $38.52 on Friday. The firm has a market cap of $4.49 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 7.68 and a beta of 2.03. The business has a 50-day moving average price of $44.94 and a 200-day moving average price of $48.03. The company has a quick ratio of 0.49, a current ratio of 1.06 and a debt-to-equity ratio of 0.71. Capri Holdings Limited has a twelve month low of $34.17 and a twelve month high of $54.52.

Capri (NYSE:CPRI) last issued its quarterly earnings data on Thursday, February 8th. The company reported $1.20 earnings per share for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.54). The firm had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.48 billion. Capri had a net margin of 3.96% and a return on equity of 25.79%. The company’s revenue for the quarter was down 5.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.84 EPS. Equities research analysts anticipate that Capri Holdings Limited will post 3.8 EPS for the current fiscal year.

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.