Tokio Marine Asset Management Co. Ltd. Has $7.09 Million Holdings in Capri Holdings Limited (NYSE:CPRI)

Tokio Marine Asset Management Co. Ltd. lifted its holdings in shares of Capri Holdings Limited (NYSE:CPRI) by 127.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 167,000 shares of the company’s stock after buying an additional 93,500 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Capri were worth $7,087,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of CPRI. Blair William & Co. IL raised its stake in Capri by 5.8% in the 2nd quarter. Blair William & Co. IL now owns 6,362 shares of the company’s stock valued at $210,000 after acquiring an additional 350 shares during the period. Signaturefd LLC boosted its stake in Capri by 14.7% in the second quarter. Signaturefd LLC now owns 2,734 shares of the company’s stock valued at $90,000 after buying an additional 351 shares in the last quarter. EMC Capital Management increased its holdings in Capri by 32.7% in the 1st quarter. EMC Capital Management now owns 2,421 shares of the company’s stock worth $110,000 after purchasing an additional 596 shares in the last quarter. Swiss National Bank lifted its holdings in shares of Capri by 0.3% during the first quarter. Swiss National Bank now owns 229,500 shares of the company’s stock worth $10,396,000 after purchasing an additional 600 shares during the period. Finally, Bessemer Group Inc. grew its stake in shares of Capri by 82.4% in the first quarter. Bessemer Group Inc. now owns 1,330 shares of the company’s stock worth $60,000 after purchasing an additional 601 shares during the last quarter. 84.34% of the stock is currently owned by institutional investors and hedge funds.

Capri Trading Down 3.3 %

Shares of NYSE CPRI traded down $0.65 during trading hours on Thursday, hitting $19.00. The company’s stock had a trading volume of 2,507,250 shares, compared to its average volume of 1,983,765. Capri Holdings Limited has a 12 month low of $18.75 and a 12 month high of $51.23. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.38 and a current ratio of 0.93. The business has a 50-day simple moving average of $34.87 and a 200-day simple moving average of $34.28. The stock has a market cap of $2.24 billion, a price-to-earnings ratio of -6.42, a P/E/G ratio of 3.84 and a beta of 2.05.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Wells Fargo & Company decreased their price target on Capri from $42.00 to $23.00 and set an “equal weight” rating for the company in a research note on Friday, October 25th. UBS Group lowered their price objective on shares of Capri from $42.00 to $39.00 and set a “neutral” rating for the company in a research note on Wednesday, September 11th. Citigroup lowered shares of Capri from a “buy” rating to a “neutral” rating and set a $41.00 price objective on the stock. in a research note on Friday, September 13th. Telsey Advisory Group reiterated a “market perform” rating and set a $26.00 price target on shares of Capri in a research note on Friday, November 1st. Finally, JPMorgan Chase & Co. cut their price target on shares of Capri from $57.00 to $22.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. One research analyst has rated the stock with a sell rating and seven have given a hold rating to the company. According to MarketBeat.com, Capri presently has a consensus rating of “Hold” and an average target price of $30.29.

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.