WINTON GROUP Ltd Takes Position in Michael Kors Holdings Ltd (KORS)

Marco Green
March 14, 2018

Overall, 1.86 Million shares exchanged hands versus its average volume of $3.19 Million. Carlisle Co now has $6.67 billion valuation.

The stock increased 0.02% or $0.01 during the last trading session, reaching $61.41. About 830,091 shares traded. Insperity, Inc. (NYSE:NSP) has risen 13.05% since March 13, 2017 and is uptrending. Tiaa Cref Mgmt Ltd Limited Liability Company owns 0.04% invested in Michael Kors Holdings Limited (NYSE:KORS) for 1.23M shares. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of Michael Kors by 205.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,017,371 shares of the lifestyle brand's stock valued at $64,044,000 after purchasing an additional 684,310 shares during the last quarter. Michael Kors Hldgs Ltd now has $9.50B valuation.

The stock decreased 0.72% or $0.07 during the last trading session, reaching $9.62. Another trade for 3,096 shares valued at $199,723 was made by SHARP DOUGLAS S on Friday, February 16. Stifel Fincl Corporation has invested 0.02% in Michael Kors Holdings Limited (NYSE:KORS). It has underperformed by 27.24% the S&P500. The business's revenue was up 6.4% compared to the same quarter last year. research analysts forecast that Michael Kors Holdings Ltd will post 4.48 earnings per share for the current fiscal year. Therefore 58% are positive. Carlisle Companies had 27 analyst reports since September 1, 2015 according to SRatingsIntel. They set a "buy" rating and a $70.00 target price on the stock. On Thursday, December 21 the stock rating was maintained by SunTrust with "Hold". When we see the company's Volatility, it now has a monthly volatility of 3.02% and weekly volatility of 1.83%. The company has a market cap of $9.54 Billion. However the six-month change in the insider ownership was recorded -19.87%, as well as three-month change in the institutional ownership was recorded -2.24%. The rating was maintained by Robert W. Baird with "Buy" on Monday, February 12. The rating was maintained by Oppenheimer with "Hold" on Sunday, June 11. Oppenheimer has "Outperform" rating and $100 target.

They are also projecting the Low EPS estimate of $0.77 and the High EPS estimate of $1.11. Its up 0.50, from 0.94 in 2017Q2.

However out of 20 analysts 4 suggest Michael Kors Holdings Ltd (NYSE:KORS) a Strong Buy, 4 suggested Buy, 18 Hold and 1 Sell, while 0 analysts recommend the stock a Strong Sell. 55 funds opened positions while 92 raised stakes. State Of Tennessee Treasury Department holds 0.04% or 179,333 shares in its portfolio. Nuveen Asset Mngmt Lc holds 0.08% or 251,553 shares. The New York-based Yorkville Capital Management Llc has invested 0.22% in the stock. Bluemountain Cap Management Ltd reported 25,791 shares stake. Hedge funds and other institutional investors own 85.48% of the company's stock. 59,857 were accumulated by Boston Partners. Commonwealth Equity Ser accumulated 17,696 shares. Vantage Investment Advisors Limited Co has 0.03% invested in Carlisle Companies Incorporated (NYSE:CSL). State Board Of Administration Of Florida Retirement System owns 241,957 shares. Weaver C Barksdale Assocs accumulated 209 shares.

Since February 13, 2018, it had 0 insider purchases, and 4 insider sales for $25.12 million activity. Kors Michael David had sold 246,590 shares worth $15.12 million. The stock of Michael Kors Holdings Limited (NYSE:KORS) has "Sector Perform" rating given on Wednesday, February 8 by RBC Capital Markets. Benedetto M William sold $255,752 worth of stock or 4,000 shares. 6,500 shares were sold by Reitman Stephen F, worth $406,065 on Tuesday, February 13.

Analysts are expecting average earnings estimates of $0.59 for the current quarter based on the opinion of 26 analysts, relating to high earnings per share estimates of $0.75 and low estimates of $0.53, however Michael Kors Holdings Ltd (NYSE:KORS) reported $0.73 earnings per share for the same quarter a year ago. Therefore 31% are positive. Michael Kors Holdings Ltd has a twelve month low of $32.38 and a twelve month high of $69.95. Moreover, Employees Retirement Systems Of Texas has 0.02% invested in Michael Kors Holdings Limited (NYSE:KORS). ValuEngine raised Michael Kors from a "hold" rating to a "buy" rating in a research report on Tuesday, November 14th. On Tuesday, February 16 the stock rating was upgraded by First Analysis to "Overweight". The rating was maintained by Piper Jaffray with "Hold" on Thursday, October 5. Contrarius Inv Mngmt stated it has 1.97% in Michael Kors Holdings Limited (NYSE:KORS). The company was maintained on Thursday, November 5 by Canaccord Genuity.

Michael Kors Holdings Limited is a designer, marketer, distributor and retailer of branded women's apparel and accessories and men's apparel bearing the Michael Kors tradename and related trademarks MICHAEL KORS, MICHAEL MICHAEL KORS, and various other related trademarks and logos. Michael Kors Holdings Limited (NYSE:KORS) has declined 10.54% since March 12, 2017 and is downtrending. Piper Jaffray has "Hold" rating and $3400 target. Robert W. Baird set a $62.00 price objective on Michael Kors and gave the company a "hold" rating in a research report on Sunday, January 21st.

Fny Managed Accounts Llc, which manages about $76.46M US Long portfolio, decreased its stake in Exxon Mobil Ord (Call) (NYSE:XOM) by 5,956 shares to 44 shares, valued at $3,000 in 2017Q3, according to the filing. Charter Communications Inc N was reduced too.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Other reports by Click Lancashire

Discuss This Article