Canada Goose Holdings Inc. (NYSE:GOOS) Shares Purchased by Strategic Wealth Partners Ltd.

Strategic Wealth Partners Ltd. increased its stake in shares of Canada Goose Holdings Inc. (NYSE:GOOS) by 10.0% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 71,126 shares of the company’s stock after acquiring an additional 6,442 shares during the period. Strategic Wealth Partners Ltd. owned approximately 0.07% of Canada Goose worth $858,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Silvercrest Asset Management Group LLC raised its position in shares of Canada Goose by 0.5% in the 1st quarter. Silvercrest Asset Management Group LLC now owns 605,050 shares of the company’s stock valued at $7,297,000 after purchasing an additional 2,752 shares in the last quarter. Smead Capital Management Inc. raised its position in shares of Canada Goose by 2.7% during the 4th quarter. Smead Capital Management Inc. now owns 243,404 shares of the company’s stock valued at $2,891,000 after acquiring an additional 6,492 shares in the last quarter. Pinnacle Associates Ltd. raised its position in shares of Canada Goose by 1.2% during the 1st quarter. Pinnacle Associates Ltd. now owns 609,408 shares of the company’s stock valued at $7,349,000 after acquiring an additional 7,067 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Canada Goose during the 4th quarter valued at approximately $124,000. Finally, Aigen Investment Management LP raised its position in shares of Canada Goose by 103.3% during the 4th quarter. Aigen Investment Management LP now owns 23,033 shares of the company’s stock valued at $274,000 after acquiring an additional 11,703 shares in the last quarter. 83.64% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Raymond James lowered Canada Goose from an “outperform” rating to a “market perform” rating in a research report on Tuesday, July 23rd. Wedbush assumed coverage on Canada Goose in a research note on Friday, July 19th. They set an “outperform” rating for the company. UBS Group lowered their price objective on Canada Goose from $14.00 to $13.00 and set a “neutral” rating for the company in a research note on Friday. Evercore increased their price target on Canada Goose from $12.00 to $13.00 and gave the stock an “in-line” rating in a research note on Friday, May 17th. Finally, Evercore ISI increased their price target on Canada Goose from $12.00 to $13.00 and gave the stock an “in-line” rating in a research note on Friday, May 17th. Eight investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $14.07.

Canada Goose Price Performance

GOOS stock traded down $0.16 during trading hours on Friday, hitting $10.75. 918,835 shares of the stock traded hands, compared to its average volume of 1,002,704. The stock has a 50-day simple moving average of $12.90 and a 200 day simple moving average of $12.43. Canada Goose Holdings Inc. has a one year low of $9.80 and a one year high of $17.32. The company has a market cap of $1.04 billion, a P/E ratio of 28.76, a P/E/G ratio of 0.70 and a beta of 1.35. The company has a current ratio of 2.39, a quick ratio of 0.95 and a debt-to-equity ratio of 0.92.

Canada Goose (NYSE:GOOS) last announced its earnings results on Thursday, May 16th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.07. Canada Goose had a return on equity of 25.44% and a net margin of 4.28%. The business had revenue of $265.56 million during the quarter, compared to analysts’ expectations of $232.36 million. Equities analysts forecast that Canada Goose Holdings Inc. will post 0.81 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.