101,300 Shares in Capri Holdings Limited (NYSE:CPRI) Acquired by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. bought a new position in shares of Capri Holdings Limited (NYSE:CPRI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 101,300 shares of the company’s stock, valued at approximately $5,089,000. Tokio Marine Asset Management Co. Ltd. owned about 0.09% of Capri as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Capula Management Ltd acquired a new stake in Capri in the 3rd quarter valued at approximately $9,996,000. Calamos Advisors LLC grew its stake in shares of Capri by 14.2% in the fourth quarter. Calamos Advisors LLC now owns 553,387 shares of the company’s stock valued at $27,802,000 after buying an additional 68,663 shares in the last quarter. Peak Financial Advisors LLC purchased a new stake in shares of Capri in the 4th quarter valued at $2,309,000. Picton Mahoney Asset Management acquired a new position in Capri during the 3rd quarter worth about $16,571,000. Finally, Westchester Capital Management LLC acquired a new position in Capri during the 3rd quarter worth about $87,352,000. Hedge funds and other institutional investors own 84.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on CPRI. OTR Global restated a “mixed” rating on shares of Capri in a report on Wednesday, April 17th. Telsey Advisory Group dropped their price target on shares of Capri from $57.00 to $42.00 and set a “market perform” rating for the company in a research note on Tuesday. Finally, StockNews.com assumed coverage on Capri in a research note on Saturday, April 13th. They issued a “hold” rating on the stock. Thirteen investment analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $49.25.

Capri Stock Performance

CPRI traded down $1.10 on Wednesday, reaching $35.41. The company had a trading volume of 4,546,883 shares, compared to its average volume of 1,350,998. The stock has a 50-day moving average price of $44.54 and a 200-day moving average price of $47.78. The stock has a market capitalization of $4.13 billion, a PE ratio of 19.89, a P/E/G ratio of 7.71 and a beta of 2.03. Capri Holdings Limited has a 1 year low of $34.17 and a 1 year high of $54.52. The company has a quick ratio of 0.49, a current ratio of 1.06 and a debt-to-equity ratio of 0.71.

Capri (NYSE:CPRI) last posted its earnings results on Thursday, February 8th. The company reported $1.20 earnings per share for the quarter, missing the consensus estimate of $1.74 by ($0.54). The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.48 billion. Capri had a net margin of 3.96% and a return on equity of 25.79%. The firm’s revenue for the quarter was down 5.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.84 earnings per share. As a group, research analysts forecast that Capri Holdings Limited will post 3.8 EPS for the current fiscal year.

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.