Capri Holdings Limited (NYSE:CPRI) Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. cut its stake in shares of Capri Holdings Limited (NYSE:CPRI) by 6.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 6,780 shares of the company’s stock after selling 502 shares during the period. Crossmark Global Holdings Inc.’s holdings in Capri were worth $288,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CPRI. State Board of Administration of Florida Retirement System lifted its position in shares of Capri by 17.6% during the first quarter. State Board of Administration of Florida Retirement System now owns 155,580 shares of the company’s stock worth $7,312,000 after purchasing an additional 23,294 shares in the last quarter. 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 buying an additional 601 shares during the period. Natixis lifted its holdings in Capri by 71.6% in the 1st quarter. Natixis now owns 236,888 shares of the company’s stock worth $10,731,000 after buying an additional 98,809 shares in the last quarter. Carlson Capital L P boosted its position in Capri by 2.1% in the 1st quarter. Carlson Capital L P now owns 955,000 shares of the company’s stock valued at $43,262,000 after buying an additional 20,000 shares during the last quarter. Finally, JT Stratford LLC acquired a new stake in shares of Capri during the first quarter valued at about $776,000. Hedge funds and other institutional investors own 84.34% of the company’s stock.

Capri Stock Up 2.3 %

CPRI stock opened at $21.00 on Monday. The firm has a fifty day moving average price of $34.30 and a two-hundred day moving average price of $34.07. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.93 and a quick ratio of 0.38. Capri Holdings Limited has a 1-year low of $18.70 and a 1-year high of $51.23. The firm has a market cap of $2.48 billion, a price-to-earnings ratio of -6.86, a PEG ratio of 4.33 and a beta of 2.05.

Analyst Ratings Changes

Several research analysts recently commented on the company. Telsey Advisory Group cut their price target on Capri from $26.00 to $23.00 and set a “market perform” rating on the stock in a research note on Friday. JPMorgan Chase & Co. reduced their target price on Capri from $57.00 to $22.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. StockNews.com lowered shares of Capri from a “hold” rating to a “sell” rating in a research note on Tuesday, August 27th. Wells Fargo & Company reduced their price objective on shares of Capri from $42.00 to $23.00 and set an “equal weight” rating on the stock in a research note on Friday, October 25th. Finally, Citigroup lowered shares of Capri from a “buy” rating to a “neutral” rating and set a $41.00 price objective for the company. in a report on Friday, September 13th. One investment analyst has rated the stock with a sell rating and eight have issued a hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $28.88.

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.