Twin Tree Management LP Buys Shares of 2,126 Capri Holdings Limited (NYSE:CPRI)

Twin Tree Management LP bought a new stake in Capri Holdings Limited (NYSE:CPRI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,126 shares of the company’s stock, valued at approximately $45,000.

Several other large investors also recently bought and sold shares of CPRI. Sunbelt Securities Inc. acquired a new stake in Capri in the third quarter valued at $42,000. Quarry LP purchased a new stake in shares of Capri in the third quarter valued at $53,000. KBC Group NV lifted its position in shares of Capri by 63.9% in the fourth quarter. KBC Group NV now owns 5,039 shares of the company’s stock valued at $106,000 after acquiring an additional 1,965 shares in the last quarter. Avior Wealth Management LLC lifted its position in shares of Capri by 15.2% in the third quarter. Avior Wealth Management LLC now owns 4,033 shares of the company’s stock valued at $171,000 after acquiring an additional 533 shares in the last quarter. Finally, LexAurum Advisors LLC purchased a new stake in shares of Capri in the fourth quarter valued at $211,000. Institutional investors and hedge funds own 84.34% of the company’s stock.

Capri Price Performance

CPRI stock opened at $20.85 on Thursday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 1.21. Capri Holdings Limited has a 1 year low of $18.53 and a 1 year high of $46.15. The firm has a market cap of $2.46 billion, a P/E ratio of -2.44, a price-to-earnings-growth ratio of 7.80 and a beta of 2.10. The stock has a 50-day simple moving average of $22.56 and a 200-day simple moving average of $26.90.

Capri (NYSE:CPRI) last posted its 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 last year, the business posted $1.20 earnings per share. On average, equities analysts predict that Capri Holdings Limited will post 0.98 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently issued reports on CPRI shares. Wells Fargo & Company upped their price objective on Capri from $28.00 to $30.00 and gave the company an “overweight” rating in a research report on Monday, January 27th. Guggenheim restated a “buy” rating and issued a $30.00 price objective on shares of Capri in a research report on Wednesday, February 12th. Jefferies Financial Group upped their price objective on Capri from $20.00 to $23.00 and gave the company a “hold” rating in a research report on Tuesday, January 28th. Citigroup upgraded Capri from a “neutral” rating to a “buy” rating and increased their target price for the stock from $21.00 to $29.00 in a research report on Friday, January 10th. Finally, Telsey Advisory Group reiterated a “market perform” rating and set a $23.00 target price on shares of Capri in a research report on Thursday, February 20th. Nine equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus 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.