River Global Investors LLP Boosts Holdings in Canada Goose Holdings Inc. (NYSE:GOOS)

River Global Investors LLP lifted its stake in Canada Goose Holdings Inc. (NYSE:GOOS) by 21.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 89,409 shares of the company’s stock after purchasing an additional 16,027 shares during the period. River Global Investors LLP’s holdings in Canada Goose were worth $1,067,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of GOOS. Smead Capital Management Inc. lifted its position in 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 during the period. Shaker Investments LLC OH purchased a new position in Canada Goose during the 4th quarter valued at about $236,000. Total Clarity Wealth Management Inc. purchased a new position in Canada Goose during the 4th quarter valued at about $198,000. GAM Holding AG purchased a new position in Canada Goose during the 4th quarter valued at about $213,000. Finally, Raymond James & Associates raised its holdings in Canada Goose by 8.9% in the fourth quarter. Raymond James & Associates now owns 146,000 shares of the company’s stock worth $1,730,000 after buying an additional 11,876 shares during the last quarter. 83.64% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Barclays lifted their target price on shares of Canada Goose from $11.00 to $13.00 and gave the stock an “equal weight” rating in a report on Friday, February 2nd. Evercore lifted their target price on shares of Canada Goose from $11.00 to $12.00 and gave the stock an “in-line” rating in a report on Friday, February 2nd. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $13.83.

Canada Goose Stock Performance

Shares of GOOS stock traded down $0.05 during trading hours on Friday, reaching $11.36. The company had a trading volume of 446,265 shares, compared to its average volume of 502,926. The business has a fifty day moving average price of $11.99 and a 200-day moving average price of $11.84. Canada Goose Holdings Inc. has a one year low of $9.80 and a one year high of $22.65. The firm has a market cap of $1.10 billion, a PE ratio of 36.65, a price-to-earnings-growth ratio of 1.17 and a beta of 1.46. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.81 and a current ratio of 1.87.

Canada Goose (NYSE:GOOS) last announced its quarterly earnings results on Thursday, February 1st. The company reported $1.01 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.06). Canada Goose had a return on equity of 23.30% and a net margin of 3.86%. The company had revenue of $448.03 million during the quarter, compared to the consensus estimate of $455.25 million. Sell-side analysts predict that Canada Goose Holdings Inc. will post 0.66 earnings per share for the current fiscal year.

Canada Goose Company Profile

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.