Capri Holdings Limited (NYSE:CPRI) Shares Purchased by Accurate Wealth Management LLC

Accurate Wealth Management LLC increased its position in shares of Capri Holdings Limited (NYSE:CPRI) by 114.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 52,431 shares of the company’s stock after buying an additional 27,992 shares during the quarter. Accurate Wealth Management LLC’s holdings in Capri were worth $1,104,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Blair William & Co. IL boosted its holdings in shares of Capri by 5.8% in the second quarter. Blair William & Co. IL now owns 6,362 shares of the company’s stock valued at $210,000 after acquiring an additional 350 shares during the period. Avior Wealth Management LLC boosted its stake in Capri by 15.2% during the 3rd quarter. Avior Wealth Management LLC now owns 4,033 shares of the company’s stock worth $171,000 after purchasing an additional 533 shares during the period. KBC Group NV grew its position in Capri by 26.9% during the 3rd quarter. KBC Group NV now owns 3,074 shares of the company’s stock worth $130,000 after purchasing an additional 652 shares during the last quarter. CWM LLC grew its position in Capri by 26.9% during the 3rd quarter. CWM LLC now owns 3,112 shares of the company’s stock worth $132,000 after purchasing an additional 660 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC increased its stake in Capri by 6.7% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 10,489 shares of the company’s stock valued at $347,000 after purchasing an additional 662 shares during the period. Institutional investors and hedge funds own 84.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on CPRI shares. Guggenheim raised Capri from a “neutral” rating to a “buy” rating and set a $30.00 price target on the stock in a report on Tuesday, November 26th. TD Cowen lowered their target price on Capri from $57.00 to $22.00 and set a “hold” rating on the stock in a research note on Friday, November 15th. JPMorgan Chase & Co. upped their price target on Capri from $15.00 to $19.00 and gave the stock a “neutral” rating in a research note on Monday, December 16th. Citigroup upgraded shares of Capri from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $21.00 to $29.00 in a research report on Friday, January 10th. Finally, Barclays restated an “equal weight” rating and set a $21.00 price objective on shares of Capri in a research report on Wednesday, November 20th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Capri has an average rating of “Hold” and an average target price of $27.55.

Capri Trading Down 0.8 %

Shares of Capri stock opened at $23.60 on Wednesday. The company has a 50-day moving average of $21.56 and a two-hundred day moving average of $30.41. Capri Holdings Limited has a 12-month low of $18.70 and a 12-month high of $50.84. The company has a current ratio of 0.93, a quick ratio of 0.38 and a debt-to-equity ratio of 0.83. The stock has a market cap of $2.78 billion, a PE ratio of -7.71, a price-to-earnings-growth ratio of 4.55 and a beta of 2.06.

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.