160,000 Shares in Capri Holdings Limited (NYSE:CPRI) Purchased by Capricorn Fund Managers Ltd\n\nCapricorn Fund Managers Ltd purchased 160,000 shares of Capri Holdings Limited, representing 1.7% of its investment portfolio, valued at approximately $3.26 million. Capri reported a significant loss of ($4.90) EPS in its recent quarterly earnings, missing expectations, with revenue of $1.04 billion compared to analyst estimates of $989 million. Analysts have mixed views on Capri, with Barclays lowering its price target from $19.00 to $13.00, while Wells Fargo reduced its target from $30.00 to $25.00, reflecting a cautious outlook.\n\nCapricorn Fund Managers Ltd bought a new position in shares of Capri Holdings Limited in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 160,000 shares of the company's stock, valued at approximately $3,259,000. Capri makes up 1.7% of Capricorn Fund Managers Ltd's investment portfolio, making the stock its 26th biggest position. Capricorn Fund Managers Ltd owned approximately 0.14% of Capri at the end of the most recent reporting period. Other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC boosted its holdings 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 worth $28,000 after purchasing an additional 1,266 shares during the period. Banque Cantonale Vaudoise bought a new stake in shares of Capri during the 1st quarter worth approximately $29,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Capri during the 1st quarter worth approximately $30,000. UMB Bank n.a. lifted its stake in shares of 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 acquiring an additional 1,020 shares during the last quarter. Finally, Fifth Third Bancorp lifted its stake in shares of 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 acquiring an additional 1,365 shares during the last quarter. Hedge funds and other institutional investors own 84.34% of the company's stock.\n\nCapri Price Performance opened at $19.74 on Tuesday. The company has a debt-to-equity ratio of 3.97, a current ratio of 1.14 and a quick ratio of 0.49. The business has a 50 day simple moving average of $18.05 and a 200-day simple moving average of $19.06. The firm has a market capitalization of $2.33 billion, a PE ratio of -1.98, a price-to-earnings-growth ratio of 0.42 and a beta of 1.67. Capri Holdings Limited has a 1 year low of $11.86 and a 1 year high of $43.34.\n\nCapri Holdings Limited has a 1 year low of $11.86 and a 1 year high of $43.34. Capri ( - ) last issued its quarterly earnings data on Wednesday, May 28th. The company reported ($4.90) earnings per share for the quarter, missing the consensus estimate of $0.22 by ($5.12). The business had revenue of $1.04 billion during the quarter, compared to analysts' expectations of $989.05 million. Capri had a negative return on equity of 39.55% and a negative net margin of 26.61%. The company's revenue was down 15.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.42 earnings per share. Equities research analysts anticipate that Capri Holdings Limited will post 0.98 earnings per share for the current fiscal year.\n\nA number of equities research analysts have weighed in on CPRI shares. Barclays decreased their target price on Capri from $19.00 to $13.00 and set an \"equal weight\" rating for the company in a research report on Thursday, April 10th. UBS Group boosted their price objective on shares of Capri from $14.00 to $18.00 and gave the stock a \"neutral\" rating in a research note on Thursday, May 29th. Wells Fargo & Company reduced their price target on Capri from $30.00 to $25.00 and set an \"overweight\" rating for the company in a research report on Friday, April 11th. JPMorgan Chase & Co. boosted their price target on Capri from $18.00 to $21.00 and gave the stock a \"neutral\" rating in a research report on Monday. Finally, Telsey Advisory Group reissued a \"market perform\" rating and issued a $20.00 price target (up from $17.00) on shares of Capri in a research report on Wednesday, May 28th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of \"Hold\" and an average target price 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.

160,000 Shares in Capri Holdings Limited (NYSE:CPRI) Purchased by Capricorn Fund Managers Ltd

Capricorn Fund Managers Ltd purchased 160,000 shares of Capri Holdings Limited, representing 1.7% of its investment portfolio, valued at $3.26 million. Capri reported a $4.90 EPS loss in its recent quarter, missing analyst expectations, with revenue of $1.04 billion. Analysts have mixed views, with Barclays and Wells Fargo lowering price targets. Other institutional investors also adjusted their positions in Capri.