Handelsbanken Fonder AB Has $1.19 Million Holdings in Capri Holdings Limited (NYSE:CPRI)

Handelsbanken Fonder AB decreased its position in shares of Capri Holdings Limited (NYSE:CPRI) by 2.9% in the 4th quarter, HoldingsChannel reports. The firm owned 23,700 shares of the company’s stock after selling 700 shares during the quarter. Handelsbanken Fonder AB’s holdings in Capri were worth $1,191,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. U S Global Investors Inc. acquired a new position in Capri during the 4th quarter worth approximately $75,000. Fifth Third Bancorp lifted its stake in shares of Capri by 34.0% in the 3rd quarter. Fifth Third Bancorp now owns 1,735 shares of the company’s stock valued at $91,000 after acquiring an additional 440 shares during the last quarter. EMC Capital Management acquired a new stake in shares of Capri during the 3rd quarter valued at $96,000. Systematic Alpha Investments LLC acquired a new stake in shares of Capri during the 3rd quarter valued at $204,000. Finally, Coldstream Capital Management Inc. bought a new stake in Capri during the 3rd quarter worth $205,000. 84.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

CPRI has been the subject of several research reports. OTR Global reiterated a “mixed” rating on shares of Capri in a research report on Wednesday, April 17th. StockNews.com assumed coverage on shares of Capri in a report on Saturday, April 13th. They issued a “hold” rating for the company. Finally, Telsey Advisory Group reduced their target price on shares of Capri from $57.00 to $42.00 and set a “market perform” rating on the stock in a report on Tuesday, April 23rd. Twelve investment analysts have rated the stock with a hold rating, According to data from MarketBeat, Capri currently has an average rating of “Hold” and a consensus target price of $49.25.

Capri Stock Up 2.1 %

Shares of NYSE CPRI opened at $35.54 on Monday. Capri Holdings Limited has a 52-week low of $34.17 and a 52-week high of $54.52. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.49 and a current ratio of 1.06. The company’s 50 day moving average price is $43.81 and its 200-day moving average price is $47.44. The company has a market capitalization of $4.14 billion, a P/E ratio of 19.97, a price-to-earnings-growth ratio of 7.22 and a beta of 2.03.

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