69,721 Shares in Capri Holdings Limited (NYSE:CPRI) Purchased by SWS Partners

SWS Partners acquired a new stake in Capri Holdings Limited (NYSE:CPRI) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 69,721 shares of the company’s stock, valued at approximately $1,468,000. SWS Partners owned about 0.06% of Capri as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its holdings in shares of Capri by 7.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,004,085 shares of the company’s stock valued at $21,146,000 after acquiring an additional 73,672 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in Capri during the fourth quarter valued at $344,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Capri during the fourth quarter worth $574,000. State of New Jersey Common Pension Fund D lifted its position in shares of Capri by 86.8% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 104,696 shares of the company’s stock worth $2,205,000 after buying an additional 48,647 shares during the last quarter. Finally, L.M. Kohn & Company acquired a new position in shares of Capri in the 4th quarter valued at about $234,000. Institutional investors and hedge funds own 84.34% of the company’s stock.

Capri Trading Up 3.7 %

Shares of NYSE:CPRI opened at $22.80 on Tuesday. The company has a 50 day moving average of $22.55 and a 200-day moving average of $28.04. The company has a current ratio of 1.21, a quick ratio of 0.59 and a debt-to-equity ratio of 1.36. The firm has a market cap of $2.69 billion, a P/E ratio of -2.67, a P/E/G ratio of 7.80 and a beta of 2.06. Capri Holdings Limited has a twelve month low of $18.70 and a twelve month high of $47.17.

Capri (NYSE:CPRI) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.27). Capri had a negative net margin of 21.79% and a positive return on equity of 12.89%. During the same period in the prior year, the business earned $1.20 EPS. As a group, analysts anticipate that Capri Holdings Limited will post 0.98 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on CPRI shares. TD Cowen dropped their price objective on shares of Capri from $57.00 to $22.00 and set a “hold” rating on the stock in a research note on Friday, November 15th. Bank of America started coverage on Capri in a research report on Monday, February 10th. They set a “neutral” rating and a $23.00 price target on the stock. BMO Capital Markets upgraded Capri from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $25.00 to $31.00 in a research report on Monday, January 6th. StockNews.com raised Capri from a “sell” rating to a “hold” rating in a research report on Friday, February 7th. Finally, Jefferies Financial Group boosted their price target on shares of Capri from $20.00 to $23.00 and gave the company a “hold” rating in a report on Tuesday, January 28th. Nine analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Capri currently has an average rating of “Hold” and a consensus price target of $25.92.

About Capri

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.