Michael Kors (KORS) Lowered to Hold at ValuEngine


Dsam Partners Llp sold 85,893 shares as Michael Kors Hldgs Ltd (KORS)'s stock declined 2.98%. It has outperformed by 40.13% the S&P500. Paloma Ptnrs Management reported 0.04% in Michael Kors Holdings Limited (NYSE:KORS). Michael Kors has a 52-week low of $32.38 and a 52-week high of $70.00. The stock increased 1.79% or $0.003 during the last trading session, reaching $0.165. These shares are worth $9,934,500 and were traded at $66.23 each.

Michael Kors (NYSE:KORS) last posted its quarterly earnings results on Wednesday, February 7th. Bank of Montreal Can raised its position in Michael Kors by 568.5% during the fourth quarter. The company has a market cap of $9,998.92, a price-to-earnings ratio of 15.33, a PEG ratio of 1.99 and a beta of 0.17. The firm operates through three divisions: Imaging Systems, Optronics Systems, and 3D Display Systems. It has a 18.83 P/E ratio.

The Retail segment is involved in the sale of womenÂ's apparel; men's apparel; accessories, which include handbags and small leather goods, such as wallets; footwear; and licensed products comprising watches, jewelry, fragrances, beauty products, and eyewear.

Since February 13, 2018, it had 0 insider buys, and 6 insider sales for $44.48 million activity. The Grimes & Company Inc holds 62,857 shares with $3.96M value, down from 113,635 last quarter.

In other news, Director M William Benedetto sold 4,000 shares of the business's stock in a transaction that occurred on Friday, February 16th. Buckingham Research assumed coverage on shares of Michael Kors in a research report on Monday, April 30th.

Another recent and important Michael Kors Holdings Limited (NYSE:KORS) news was published by Fool.com which published an article titled: "Why Michael Kors Holdings Ltd Stock Slipped Today" on May 03, 2018.

Among 35 analysts covering Michael Kors Holdings Ltd (NYSE:KORS), 13 have Buy rating, 2 Sell and 20 Hold. Seven analysts have issued estimates for Michael Kors' earnings. The firm has "Add" rating given on Tuesday, March 7 by Numis Securities. Michael Kors now has a consensus rating of "Hold" and a consensus price target of $67.07. Chevy Chase holds 0.04% of its capital in Michael Kors Holdings Limited (NYSE:KORS) for 134,744 shs. Susquehanna has "Buy" rating and $86.0 target. Finally, Cowen set a $71.00 price target on shares of Michael Kors and gave the company a "hold" rating in a research report on Wednesday, February 7th. Needham & Company LLC boosted their price objective on shares of Michael Kors from $69.00 to $75.00 and gave the stock a "buy" rating in a report on Thursday, February 8th. The rating was maintained by Robert W. Baird on Monday, October 30 with "Hold".

Big Money Sentiment increased to 1.44 in Q4 2017. KORS hit $61.48 during the last trading session after $0.06 change.Currently Michael Kors Holdings Limited is uptrending after 62.72% change in last May 4, 2017. 103 funds opened positions while 110 raised stakes. The third largest holder is State Street Corp, which now holds $478.32 million worth of this stock and that ownership represents almost 5.28% of its market capitalization. Virtus Investment Advisers stated it has 0.02% in Michael Kors Holdings Limited (NYSE:KORS). 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 period. 1832 Asset LP holds 0.03% of its portfolio in Michael Kors Holdings Limited (NYSE:KORS) for 158,000 shares. Tiaa Cref Investment Ltd invested in 1.17M shs or 0.05% of the stock. First Trust Advisors Ltd Partnership has 0.02% invested in Michael Kors Holdings Limited (NYSE:KORS). Johnson Financial Group Inc Incorporated reported 8,510 shares. Cibc Asset Management accumulated 12,388 shares. Weiss Multi invested in 0.01% or 34,500 shares. Ubs Asset Americas, a Illinois-based fund reported 16,400 shares. Aviva Public Limited Co holds 0.03% or 79,428 shares. Oppenheimer upgraded Michael Kors Holdings Limited (NYSE:KORS) on Tuesday, September 19 to "Outperform" rating. Morgan Stanley holds 1.09M shares or 0.02% of its portfolio. $15.12M worth of Michael Kors Holdings Limited (NYSE:KORS) shares were sold by Kors Michael David.

Investors sentiment decreased to 0.76 in 2017 Q4. Its up 0.03, from 1.1 in 2017Q3. It increased, as 36 investors sold KORS shares while 112 reduced holdings. 20 funds opened positions while 18 raised stakes. 429.52 million shares or 2.55% less from 440.74 million shares in 2017Q3 were reported. Bnp Paribas Arbitrage invested in 0.02% or 186,789 shares. (NYSE:ZTS). Zurcher Kantonalbank (Zurich Cantonalbank) invested 0.08% of its portfolio in Zoetis Inc. Sei owns 0% invested in INSYS Therapeutics, Inc. It also upped International Business Machine (NYSE:IBM) stake by 3,189 shares and now owns 27,715 shares. Tocqueville Asset Mgmt L P has 5,074 shares. Dsam Prns (London) Ltd holds 0.19% or 17,715 shares. The insider now directly owns 14,662 shares worth $900,540. California Public Employees Retirement accumulated 596,707 shares. Fayez Sarofim And invested in 240,837 shares. Harvest Fund Management Co. Aqr Mngmt Ltd Liability reported 5.90 million shs. Ameriprise stated it has 0.05% in Zoetis Inc. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and fifteen have issued a buy rating to the company. Therefore 67% are positive. LSL Property Services PLC had 37 analyst reports since August 4, 2015 according to SRatingsIntel. Jefferies maintained INSYS Therapeutics, Inc. On Thursday, August 3 the stock rating was maintained by RBC Capital Markets with "Buy". The firm has "Buy" rating given on Thursday, April 14 by Janney Capital. The firm has "Hold" rating given on Wednesday, February 7 by Cowen & Co. The rating was maintained by Telsey Advisory Group with "Market Perform" on Tuesday, November 7.



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