Bayforest Capital Ltd Has $697,000 Stake in Capri Holdings Limited (NYSE:CPRI)\n\nBayforest Capital Ltd increased its stake in Capri Holdings Limited by 569.1%, owning a total of 35,330 shares valued at approximately $697,000 as of the last reporting period. JPMorgan Chase & Co. raised their price target for Capri from $18.00 to $21.00, while Barclays and Robert W. Baird lowered theirs, highlighting a range of sentiment among analysts. Capri reported a significant earnings miss, with a loss of ($4.90) per share compared to analysts' expectations of $0.22, indicating ongoing financial challenges for the company.\n\nBayforest Capital Ltd lifted its position in shares of Capri Holdings Limited during the first quarter, according to its most recent disclosure with the Securities &amp; Exchange Commission. The firm owned 35,330 shares of the company's stock after purchasing an additional 30,050 shares during the quarter. Bayforest Capital Ltd's holdings in Capri were worth $697,000 at the end of the most recent reporting period. A number of other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC raised its position in 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 buying an additional 1,266 shares during the last quarter. Banque Cantonale Vaudoise purchased a new stake in Capri in the 1st quarter valued at $29,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Capri in the 1st quarter valued at $30,000. UMB Bank n.a. raised its position in Capri by 134.9% in the 1st quarter. UMB Bank n.a. now owns 1,776 shares of the company's stock valued at $35,000 after buying an additional 1,020 shares during the last quarter. Finally, Fifth Third Bancorp raised its position in Capri by 139.6% in the 1st quarter. Fifth Third Bancorp now owns 2,343 shares of the company's stock valued at $46,000 after buying an additional 1,365 shares during the last quarter.\n\n84.34% of the stock is owned by institutional investors and hedge funds.\n\nWall Street Analyst Weigh In\nA number of equities research analysts recently commented on the company. JPMorgan Chase &amp; Co. increased their price target on Capri from $18.00 to $21.00 and gave the company a \"neutral\" rating in a research report on Monday. Barclays lowered their price target 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. Robert W. Baird lowered their price target on Capri from $26.00 to $18.00 and set a \"neutral\" rating for the company in a research report on Friday, April 11th. lowered Capri from a \"hold\" rating to a \"sell\" rating in a research report on Sunday, July 13th. Finally, UBS Group increased their price target on Capri from $14.00 to $18.00 and gave the company a \"neutral\" rating in a research report on Thursday, May 29th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of \"Hold\" and a consensus target price of $22.75.\n\nCapri Trading Down 2.9% Shares of opened at $19.16 on Wednesday. Capri Holdings Limited has a 1 year low of $11.86 and a 1 year high of $43.34. The firm has a market cap of $2.26 billion, a PE ratio of -1.92, a P/E/G ratio of 0.42 and a beta of 1.67. The stock has a fifty day moving average price of $18.07 and a 200-day moving average price of $19.06. The company has a debt-to-equity ratio of 3.97, a current ratio of 1.14 and a quick ratio of 0.49.\n\nCapri ( - ) last announced 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). Capri had a negative return on equity of 39.55% and a negative net margin of 26.61%. The firm had revenue of $1.04 billion during the quarter, compared to analysts' expectations of $989.05 million. During the same period last year, the business posted $0.42 EPS. The company's revenue was down 15.4% compared to the same quarter last year. Equities research analysts anticipate that Capri Holdings Limited will post 0.98 EPS for the current year.\n\nCapri Company Profile\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.

Bayforest Capital Ltd Has $697,000 Stake in Capri Holdings Limited (NYSE:CPRI)

Bayforest Capital Ltd increased its stake in Capri Holdings Limited by 569.1%, owning 35,330 shares valued at $697,000. Capri reported a significant earnings miss, with a loss of ($4.90) per share, and analysts provided mixed ratings. Other institutional investors also adjusted their holdings in Capri.