Squarepoint Ops LLC Invests $4.88 Million in Capri Holdings Limited $CPRI

Squarepoint Ops LLC purchased a new position in Capri Holdings Limited (NYSE:CPRI – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 262,692 shares of the company’s stock, valued at approximately $4,878,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Royal Bank of Canada grew its stake in Capri by 70.0% during the 1st quarter. Royal Bank of Canada now owns 380,838 shares of the company’s stock valued at $7,514,000 after purchasing an additional 156,757 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Capri by 48.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 20,120 shares of the company’s stock valued at $397,000 after purchasing an additional 6,595 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Capri by 13.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,034 shares of the company’s stock valued at $218,000 after purchasing an additional 1,313 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Capri by 22.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 764,509 shares of the company’s stock valued at $15,084,000 after buying an additional 139,809 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Capri by 23.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 422,561 shares of the company’s stock valued at $8,337,000 after buying an additional 80,928 shares during the last quarter. Hedge funds and other institutional investors own 84.34% of the company’s stock.

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Capri Stock Performance

CPRI stock opened at $13.89 on Friday. The stock’s 50 day simple moving average is $15.23 and its 200 day simple moving average is $17.69. Capri Holdings Limited has a 12-month low of $12.40 and a 12-month high of $28.26. The firm has a market cap of $1.58 billion, a P/E ratio of 10.68, a P/E/G ratio of 0.28 and a beta of 1.38. The company has a current ratio of 1.19, a quick ratio of 0.54 and a debt-to-equity ratio of 2.27.

Capri (NYSE:CPRI – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.27. The business had revenue of $769.00 million during the quarter, compared to the consensus estimate of $757.61 million. Capri had a net margin of 4.44% and a return on equity of 297.36%. The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.50 EPS. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. As a group, equities research analysts predict that Capri Holdings Limited will post 2.11 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CPRI. Bank of America dropped their price target on shares of Capri from $23.00 to $20.00 and set a “neutral” rating for the company in a research note on Thursday, May 28th. TD Cowen downgraded shares of Capri from a “buy” rating to a “hold” rating and reduced their price objective for the company from $20.00 to $17.00 in a research note on Thursday, August 6th. Barclays decreased their price objective on shares of Capri from $20.00 to $19.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. Robert W. Baird dropped their target price on shares of Capri from $26.00 to $24.00 and set an “outperform” rating for the company in a research report on Monday, July 27th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Capri in a research note on Tuesday, August 25th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $21.93.

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About Capri

(Free Report)

Capri Holdings Limited (NYSE: CPRI) is a global luxury fashion company that designs, markets and distributes a range of premium lifestyle products. The company’s principal brands—Michael Kors, Versace and Jimmy Choo—offer handbags, ready-to-wear apparel, footwear, watches, jewelry, fragrance and other accessories. Capri Holdings combines in-house design talent with international sourcing, manufacturing and retail operations to deliver collections that reflect each brand’s distinct heritage and aesthetic vision.

Formed in 2018 through the rebranding of Michael Kors Holdings following the acquisition of Versace, Capri has since integrated Jimmy Choo into its portfolio.

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