Monaco Asset Management SAM has reduced its stake in Capri Holdings Limited by 35%, now holding 130,000 shares valued at approximately $2.57 million. Capri reported a significant earnings miss for the last quarter, posting an EPS of ($4.90) compared to the consensus estimate of $0.22. Various institutional investors have increased their positions in Capri, leading them to collectively own 84.34% of the company's stock.\n\nMonaco Asset Management SAM lessened its position in Capri Holdings Limited by 35.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 130,000 shares of the company's stock after selling 70,000 shares during the period. Capri comprises approximately 0.5% of Monaco Asset Management SAM's holdings, making the stock its 21st biggest holding. Monaco Asset Management SAM owned about 0.11% of Capri worth $2,565,000 as of its most recent filing with the SEC.\n\nOther institutional investors and hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC boosted its stake in shares of Capri by 758.1% in the 1st quarter. Farther Finance Advisors LLC now owns 1,433 shares of the company's stock valued at $28,000 after purchasing an additional 1,266 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Capri in the 1st quarter valued at $30,000. Banque Cantonale Vaudoise acquired a new position in Capri during the 1st quarter worth about $29,000. UMB Bank n.a. lifted its position in Capri by 134.9% during the 1st quarter. UMB Bank n.a. now owns 1,776 shares of the company's stock worth $35,000 after buying an additional 1,020 shares in the last quarter. Finally, Fifth Third Bancorp lifted its position in Capri by 139.6% during the 1st quarter. Fifth Third Bancorp now owns 2,343 shares of the company's stock worth $46,000 after buying an additional 1,365 shares in the last quarter.\n\nInstitutional investors and hedge funds own 84.34% of the company's stock. Capri Holdings Limited has a 52-week low of $11.86 and a 52-week high of $43.34. The company has a debt-to-equity ratio of 3.97, a quick ratio of 0.49 and a current ratio of 1.14. The stock has a market cap of $2.26 billion, a price-to-earnings ratio of -1.92, a PEG ratio of 0.42 and a beta of 1.67. Capri last posted its earnings results on Wednesday, May 28th. The company reported ($4.90) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($5.12). Capri had a negative return on equity of 39.55% and a negative net margin of 26.61%. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $989.05 million. During the same period in the previous year, the company posted $0.42 earnings per share. Capri's revenue for the quarter was down 15.4% compared to the same quarter last year. Analysts anticipate that Capri Holdings Limited will post 0.98 earnings per share for the current fiscal year.\n\nSeveral research analysts recently issued reports on the stock. Robert W. Baird reduced their price target on shares of Capri from $26.00 to $18.00 and set a 'neutral' rating on the stock in a research report on Friday, April 11th. Wells Fargo & Company reduced their price target on shares of Capri from $30.00 to $25.00 and set an 'overweight' rating on the stock in a research report on Friday, April 11th. Barclays reduced their price target on shares of Capri from $19.00 to $13.00 and set an 'equal weight' rating on the stock in a research report on Thursday, April 10th. Telsey Advisory Group reiterated a 'market perform' rating and set a $20.00 price target (up previously from $17.00) on shares of Capri in a research report on Wednesday, May 28th. Finally, downgraded shares of Capri from a 'hold' rating to a 'sell' rating in a research report on Sunday, July 13th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of 'Hold' and an average price target of $22.75.\n\nCapri 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.

Monaco Asset Management SAM Has $2.57 Million Stock Holdings in Capri Holdings Limited (NYSE:CPRI)

Monaco Asset Management SAM reduced its stake in Capri Holdings Limited by 35%, now holding 130,000 shares valued at $2.57 million. Capri reported a significant earnings miss for the last quarter, with an EPS of ($4.90) versus estimates of $0.22. Institutional investors collectively own 84.34% of Capri's stock, while analysts have adjusted price targets and ratings for the company.