9,908 Shares in Capri Holdings Limited (NYSE:CPRI) Acquired by Triumph Capital Management

Triumph Capital Management bought a new position in shares of Capri Holdings Limited (NYSE:CPRI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,908 shares of the company’s stock, valued at approximately $209,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Capri by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 11,377,630 shares of the company’s stock worth $239,613,000 after purchasing an additional 151,866 shares in the last quarter. Norges Bank bought a new stake in Capri during the fourth quarter worth approximately $58,070,000. Primecap Management Co. CA grew its position in Capri by 13.2% in the fourth quarter. Primecap Management Co. CA now owns 4,688,333 shares of the company’s stock worth $98,736,000 after buying an additional 547,578 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Capri in the fourth quarter worth approximately $2,167,000. Finally, SWS Partners acquired a new position in Capri in the fourth quarter worth approximately $1,468,000. Institutional investors own 84.34% of the company’s stock.

Capri Trading Up 0.3%

NYSE CPRI opened at $18.55 on Friday. The firm’s 50 day moving average price is $16.96 and its two-hundred day moving average price is $20.25. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 1.21. Capri Holdings Limited has a twelve month low of $11.86 and a twelve month high of $43.34. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of -2.17, a PEG ratio of 7.80 and a beta of 1.64.

Wall Street Analyst Weigh In

CPRI has been the topic of several recent research reports. Barclays decreased their price target on shares of Capri from $19.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 10th. StockNews.com upgraded shares of Capri from a “sell” rating to a “hold” rating in a research report on Friday, February 7th. Robert W. Baird decreased their price target on shares of Capri from $26.00 to $18.00 and set a “neutral” rating on the stock in a research report on Friday, April 11th. Guggenheim restated a “buy” rating and issued a $30.00 price target on shares of Capri in a research report on Wednesday, February 12th. Finally, Telsey Advisory Group decreased their price target on shares of Capri from $23.00 to $17.00 and set a “market perform” rating on the stock in a research report on Friday, April 11th. Nine analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Capri has an average rating of “Hold” and an average price target of $24.08.

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.