Quinn Opportunity Partners LLC Has $1.57 Million Position in Canada Goose Holdings Inc. $GOOS

Quinn Opportunity Partners LLC lowered its position in Canada Goose Holdings Inc. (NYSE:GOOS) by 20.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 139,900 shares of the company’s stock after selling 35,588 shares during the quarter. Quinn Opportunity Partners LLC owned 0.14% of Canada Goose worth $1,565,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GOOS. MQS Management LLC bought a new stake in Canada Goose in the 1st quarter valued at $86,000. Vanguard Personalized Indexing Management LLC acquired a new stake in shares of Canada Goose during the 2nd quarter valued at about $151,000. Public Employees Retirement System of Ohio increased its stake in Canada Goose by 5.8% in the second quarter. Public Employees Retirement System of Ohio now owns 16,791 shares of the company’s stock valued at $187,000 after acquiring an additional 914 shares during the period. Charles Schwab Investment Management Inc. raised its position in Canada Goose by 62.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 22,693 shares of the company’s stock worth $180,000 after purchasing an additional 8,690 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its stake in Canada Goose by 8.7% during the first quarter. Mackenzie Financial Corp now owns 23,223 shares of the company’s stock worth $184,000 after purchasing an additional 1,864 shares during the period. 83.64% of the stock is owned by institutional investors.

Canada Goose Price Performance

Shares of GOOS stock opened at $13.40 on Thursday. The company has a quick ratio of 0.82, a current ratio of 1.89 and a debt-to-equity ratio of 0.95. Canada Goose Holdings Inc. has a 12-month low of $6.73 and a 12-month high of $15.43. The firm has a fifty day moving average of $13.67 and a 200-day moving average of $12.28. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 74.42 and a beta of 1.64.

Canada Goose (NYSE:GOOS) last issued its quarterly earnings data on Thursday, November 6th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.06). The business had revenue of $195.63 million during the quarter, compared to analyst estimates of $274.05 million. Canada Goose had a net margin of 1.96% and a return on equity of 15.35%. Canada Goose’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.05 earnings per share. On average, equities research analysts forecast that Canada Goose Holdings Inc. will post 0.7 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on GOOS shares. Barclays lowered their price objective on Canada Goose from $13.00 to $11.00 and set an “equal weight” rating on the stock in a research note on Monday. Wall Street Zen cut Canada Goose from a “buy” rating to a “hold” rating in a research report on Saturday, August 2nd. Cowen raised Canada Goose from a “hold” rating to a “buy” rating in a report on Monday, September 8th. Baird R W raised shares of Canada Goose from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 26th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Canada Goose in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $15.00.

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.