XTX Topco Ltd Makes New $529,000 Investment in Capri Holdings Limited (NYSE:CPRI)

XTX Topco Ltd purchased a new stake in Capri Holdings Limited (NYSE:CPRI) in the second quarter, HoldingsChannel reports. The firm purchased 15,981 shares of the company’s stock, valued at approximately $529,000.

Several other institutional investors have also made changes to their positions in CPRI. Blair William & Co. IL increased its stake in Capri by 5.8% during the 2nd quarter. Blair William & Co. IL now owns 6,362 shares of the company’s stock worth $210,000 after acquiring an additional 350 shares during the period. Signaturefd LLC increased its stake in Capri by 14.7% during the 2nd quarter. Signaturefd LLC now owns 2,734 shares of the company’s stock worth $90,000 after acquiring an additional 351 shares during the period. EMC Capital Management increased its stake in Capri by 32.7% during the 1st quarter. EMC Capital Management now owns 2,421 shares of the company’s stock worth $110,000 after acquiring an additional 596 shares during the period. Swiss National Bank increased its stake in Capri by 0.3% during the 1st quarter. Swiss National Bank now owns 229,500 shares of the company’s stock worth $10,396,000 after acquiring an additional 600 shares during the period. Finally, Bessemer Group Inc. increased its stake in Capri by 82.4% during the 1st quarter. Bessemer Group Inc. now owns 1,330 shares of the company’s stock worth $60,000 after acquiring an additional 601 shares during the period. 84.34% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

CPRI has been the topic of several recent analyst reports. StockNews.com lowered Capri from a “hold” rating to a “sell” rating in a research note on Tuesday, August 27th. Telsey Advisory Group reiterated a “market perform” rating and issued a $42.00 price target on shares of Capri in a research note on Thursday, May 30th. Citigroup lowered Capri from a “buy” rating to a “neutral” rating and set a $41.00 price target on the stock. in a research note on Friday, September 13th. Jefferies Financial Group decreased their price target on Capri from $57.00 to $38.00 and set a “hold” rating on the stock in a research note on Thursday, May 30th. Finally, UBS Group decreased their price target on Capri from $42.00 to $39.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 11th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, Capri currently has a consensus rating of “Hold” and a consensus price target of $40.40.

Capri Trading Up 0.4 %

Shares of CPRI stock opened at $38.27 on Wednesday. The firm has a market capitalization of $4.46 billion, a P/E ratio of -19.43, a P/E/G ratio of 6.66 and a beta of 1.97. Capri Holdings Limited has a twelve month low of $29.28 and a twelve month high of $52.88. The company has a quick ratio of 0.41, a current ratio of 0.95 and a debt-to-equity ratio of 0.79. The stock’s fifty day simple moving average is $34.87 and its 200 day simple moving average is $36.53.

Capri (NYSE:CPRI) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.55). The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.16 billion. Capri had a positive return on equity of 18.72% and a negative net margin of 5.81%. The company’s revenue was down 13.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.74 EPS. As a group, sell-side analysts predict that Capri Holdings Limited will post 2.12 EPS for the current fiscal year.

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.