Capital Fund Management S.A. trimmed its holdings in shares of Canada Goose Holdings Inc. (NYSE:GOOS – Free Report) by 15.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 97,138 shares of the company’s stock after selling 17,080 shares during the quarter. Capital Fund Management S.A.’s holdings in Canada Goose were worth $974,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in GOOS. BNP Paribas Financial Markets increased its holdings in Canada Goose by 193.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,164 shares of the company’s stock worth $40,000 after purchasing an additional 2,087 shares in the last quarter. Olympiad Research LP grew its holdings in shares of Canada Goose by 18.2% during the fourth quarter. Olympiad Research LP now owns 16,543 shares of the company’s stock worth $166,000 after buying an additional 2,549 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Canada Goose by 16.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 24,112 shares of the company’s stock valued at $242,000 after buying an additional 3,410 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in Canada Goose by 4,213.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,313 shares of the company’s stock valued at $43,000 after acquiring an additional 4,213 shares in the last quarter. Finally, Toronto Dominion Bank boosted its position in Canada Goose by 28.3% during the 3rd quarter. Toronto Dominion Bank now owns 31,430 shares of the company’s stock worth $394,000 after acquiring an additional 6,930 shares during the last quarter. 83.64% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on GOOS shares. Barclays reissued an “underweight” rating and issued a $8.00 price objective (down previously from $10.00) on shares of Canada Goose in a research report on Monday, March 31st. Evercore ISI reduced their price objective on shares of Canada Goose from $13.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday, February 10th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $10.20.
Canada Goose Stock Up 0.3 %
Canada Goose stock opened at $7.85 on Wednesday. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.01 and a quick ratio of 1.14. The company’s 50-day moving average is $8.99 and its 200-day moving average is $9.84. The firm has a market capitalization of $759.44 million, a PE ratio of 15.09, a P/E/G ratio of 1.00 and a beta of 1.32. Canada Goose Holdings Inc. has a fifty-two week low of $6.73 and a fifty-two week high of $14.75.
Canada Goose (NYSE:GOOS – Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $1.10 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.10. Canada Goose had a return on equity of 22.49% and a net margin of 5.47%. Sell-side analysts anticipate that Canada Goose Holdings Inc. will post 0.7 earnings per share for the current year.
About Canada Goose
Canada Goose Holdings Inc, together with its subsidiaries, designs, manufactures, and sells performance luxury apparel for men, women, youth, children, and babies in Canada, the United States, Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Direct-to-Consumer, Wholesale, and Other.
Featured Stories
- Five stocks we like better than Canada Goose
- Ride Out The Recession With These Dividend Kings
- Beware of BigBear.ai: Insiders Are Selling—Should You?
- Using the MarketBeat Stock Split Calculator
- CrowdStrike Stock is a Buy as Cyberthreat Environment Expands
- Best Stocks Under $5.00
- Congress! Who Traded What During the Tariff-Induced Meltdown
Want to see what other hedge funds are holding GOOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Canada Goose Holdings Inc. (NYSE:GOOS – Free Report).
Receive News & Ratings for Canada Goose Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canada Goose and related companies with MarketBeat.com's FREE daily email newsletter.