Kate Spade & Co (NYSE:KATE) has received a consensus rating of “Hold” from the twenty-one analysts that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, fourteen have issued a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $20.50.

Several brokerages have recently weighed in on KATE. BidaskClub lowered shares of Kate Spade & Co from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. BMO Capital Markets set a $19.00 target price on shares of Kate Spade & Co and gave the company a “hold” rating in a research report on Thursday, July 6th. Zacks Investment Research upgraded shares of Kate Spade & Co from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 21st. William Blair lowered shares of Kate Spade & Co from an “outperform” rating to a “market perform” rating in a research report on Monday, May 8th. Finally, Buckingham Research reiterated a “neutral” rating on shares of Kate Spade & Co in a research report on Tuesday, May 9th.

Shares of Kate Spade & Co (KATE) remained flat at $18.49 during trading on Friday. The stock had a trading volume of 7,789,960 shares. Kate Spade & Co has a 52 week low of $14.02 and a 52 week high of $24.24. The stock has a 50 day moving average of $18.45 and a 200 day moving average of $19.25.

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Several institutional investors have recently made changes to their positions in KATE. SG Americas Securities LLC increased its position in shares of Kate Spade & Co by 852.8% in the first quarter. SG Americas Securities LLC now owns 142,238 shares of the textile maker’s stock worth $3,304,000 after buying an additional 127,309 shares in the last quarter. Longfellow Investment Management Co. LLC bought a new position in shares of Kate Spade & Co during the second quarter worth $11,645,000. Virtu Financial LLC bought a new position in shares of Kate Spade & Co during the second quarter worth $723,000. Oregon Public Employees Retirement Fund increased its position in shares of Kate Spade & Co by 1.3% in the first quarter. Oregon Public Employees Retirement Fund now owns 45,046 shares of the textile maker’s stock worth $1,046,000 after buying an additional 600 shares in the last quarter. Finally, Capstone Asset Management Co. increased its position in shares of Kate Spade & Co by 2.1% in the first quarter. Capstone Asset Management Co. now owns 22,725 shares of the textile maker’s stock worth $528,000 after buying an additional 470 shares in the last quarter. 97.87% of the stock is owned by institutional investors.

About Kate Spade & Co

Kate Spade & Company is engaged in the design and marketing of a range of accessories and apparel. It operates through three segments. The KATE SPADE North America segment consists of the Company’s kate spade new york and JACK SPADE brands in North America. The KATE SPADE International segment consists of the Company’s kate spade new york and JACK SPADE brands in international markets, which operates principally in Japan, Asia (excluding Japan), Europe and Latin America).

Analyst Recommendations for Kate Spade & Co (NYSE:KATE)

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