Forward Management LLC purchased a new stake in Canada Goose Holdings Inc. (NYSE:GOOS) during the second quarter, Holdings Channel reports. The fund purchased 6,805 shares of the company’s stock, valued at approximately $134,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GOOS. FMR LLC bought a new stake in shares of Canada Goose Holdings during the first quarter valued at $45,624,000. 1060 Capital LLC bought a new stake in shares of Canada Goose Holdings during the first quarter valued at $7,996,000. FIL Ltd bought a new stake in shares of Canada Goose Holdings during the first quarter valued at $6,963,000. Artisan Partners Limited Partnership bought a new stake in shares of Canada Goose Holdings during the first quarter valued at $5,538,000. Finally, Eagle Asset Management Inc. bought a new stake in shares of Canada Goose Holdings during the first quarter valued at $4,354,000. Institutional investors own 14.30% of the company’s stock.

Shares of Canada Goose Holdings Inc. (NYSE:GOOS) opened at 18.98 on Friday. The stock has a market cap of $2.02 billion and a P/E ratio of 113.65. Canada Goose Holdings Inc. has a 52-week low of $9.98 and a 52-week high of $24.32. The company has a 50-day moving average of $18.95 and a 200 day moving average of $18.28.

Canada Goose Holdings (NYSE:GOOS) last announced its quarterly earnings data on Thursday, August 10th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.15) by $0.05. The firm had revenue of $28.20 million for the quarter, compared to the consensus estimate of $16.50 million. The business’s revenue was up 79.6% compared to the same quarter last year. Equities research analysts forecast that Canada Goose Holdings Inc. will post $0.42 EPS for the current fiscal year.

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GOOS has been the subject of several recent analyst reports. Barclays PLC restated an “overweight” rating and set a $22.00 price objective (up previously from $19.00) on shares of Canada Goose Holdings in a research report on Monday, June 5th. Bank of America Corporation upgraded shares of Canada Goose Holdings from a “neutral” rating to a “buy” rating and set a $33.00 price objective for the company in a research report on Wednesday, June 28th. Wells Fargo & Company restated an “outperform” rating and set a $32.00 price objective on shares of Canada Goose Holdings in a research report on Monday, June 5th. ValuEngine downgraded shares of Canada Goose Holdings from a “hold” rating to a “sell” rating in a research report on Saturday, June 3rd. Finally, Zacks Investment Research upgraded shares of Canada Goose Holdings from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Wednesday, June 14th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the company. Canada Goose Holdings presently has an average rating of “Hold” and an average target price of C$25.78.

About Canada Goose Holdings

Canada Goose Holdings Inc designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies in Canada, the United States, and internationally. The company operates in two segments, Wholesale and Direct to Consumer. It offers parkas, jackets, shells, vests, knitwear, and accessories for fall, winter, and spring seasons.

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Institutional Ownership by Quarter for Canada Goose Holdings (NYSE:GOOS)

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