Capri Holdings Limited (NYSE:CPRI) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. decreased its position in shares of Capri Holdings Limited (NYSE:CPRI) by 6.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,284 shares of the company’s stock after selling 1,514 shares during the quarter. Victory Capital Management Inc.’s holdings in Capri were worth $946,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. CWM LLC raised its holdings in Capri by 35.2% in the 2nd quarter. CWM LLC now owns 2,452 shares of the company’s stock valued at $81,000 after buying an additional 638 shares during the period. Signaturefd LLC raised its holdings in Capri by 14.7% in the 2nd quarter. Signaturefd LLC now owns 2,734 shares of the company’s stock valued at $90,000 after buying an additional 351 shares during the period. EMC Capital Management raised its holdings in Capri by 32.7% in the 1st quarter. EMC Capital Management now owns 2,421 shares of the company’s stock valued at $110,000 after buying an additional 596 shares during the period. GAMMA Investing LLC raised its holdings in Capri by 1,580.1% in the 2nd quarter. GAMMA Investing LLC now owns 3,713 shares of the company’s stock valued at $123,000 after buying an additional 3,492 shares during the period. Finally, Itau Unibanco Holding S.A. purchased a new stake in Capri in the 2nd quarter valued at about $182,000. Institutional investors and hedge funds own 84.34% of the company’s stock.

Capri Stock Up 3.1 %

CPRI stock opened at $23.54 on Thursday. The company’s 50 day moving average price is $31.78 and its 200 day moving average price is $33.31. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.38 and a current ratio of 0.93. Capri Holdings Limited has a fifty-two week low of $18.70 and a fifty-two week high of $51.23. The firm has a market capitalization of $2.78 billion, a price-to-earnings ratio of -7.53, a PEG ratio of 4.59 and a beta of 2.05.

Analyst Ratings Changes

A number of brokerages have issued reports on CPRI. Guggenheim upgraded shares of Capri from a “neutral” rating to a “buy” rating and set a $30.00 price target on the stock in a research note on Tuesday. Citigroup lowered shares of 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. Telsey Advisory Group cut their price target on shares of Capri from $26.00 to $23.00 and set a “market perform” rating on the stock in a research note on Friday, November 15th. Robert W. Baird cut their price target on shares of Capri from $24.00 to $23.00 and set a “neutral” rating on the stock in a research note on Friday, November 8th. Finally, StockNews.com lowered shares of Capri from a “hold” rating to a “sell” rating in a research note on Tuesday, August 27th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $28.20.

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.