Dynamic Technology Lab Private Ltd increased its position in shares of Canada Goose Holdings Inc (NYSE:GOOS) by 97.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,417 shares of the company’s stock after purchasing an additional 6,117 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Canada Goose were worth $596,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in GOOS. Advisors Asset Management Inc. purchased a new position in Canada Goose during the fourth quarter valued at $29,000. Optimum Investment Advisors purchased a new position in Canada Goose during the first quarter valued at $33,000. IFP Advisors Inc grew its stake in Canada Goose by 43.8% during the fourth quarter. IFP Advisors Inc now owns 719 shares of the company’s stock valued at $30,000 after acquiring an additional 219 shares in the last quarter. Bremer Bank National Association purchased a new position in Canada Goose during the first quarter valued at $46,000. Finally, US Bancorp DE grew its stake in Canada Goose by 65.1% during the first quarter. US Bancorp DE now owns 1,205 shares of the company’s stock valued at $58,000 after acquiring an additional 475 shares in the last quarter. Hedge funds and other institutional investors own 51.22% of the company’s stock.

GOOS has been the subject of several research analyst reports. HSBC initiated coverage on shares of Canada Goose in a research note on Monday, May 20th. They set a “buy” rating and a $48.32 target price for the company. Bank of America cut shares of Canada Goose from a “buy” rating to a “neutral” rating and set a $33.50 target price for the company. in a research note on Thursday, May 30th. Goldman Sachs Group raised shares of Canada Goose from a “neutral” rating to a “buy” rating and cut their target price for the company from $65.00 to $47.00 in a research note on Friday, May 31st. Zacks Investment Research raised shares of Canada Goose from a “hold” rating to a “buy” rating and set a $58.00 target price for the company in a research note on Friday, February 15th. Finally, Wells Fargo & Co reaffirmed a “hold” rating on shares of Canada Goose in a research note on Thursday, May 30th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Canada Goose currently has a consensus rating of “Buy” and an average target price of $69.64.

Shares of NYSE:GOOS opened at $34.30 on Tuesday. Canada Goose Holdings Inc has a 52 week low of $31.67 and a 52 week high of $72.27. The firm has a market capitalization of $3.75 billion, a price-to-earnings ratio of 33.81, a price-to-earnings-growth ratio of 0.95 and a beta of 3.15. The company has a debt-to-equity ratio of 0.36, a current ratio of 3.02 and a quick ratio of 1.07.

Canada Goose (NYSE:GOOS) last issued its quarterly earnings data on Wednesday, May 29th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. Canada Goose had a net margin of 17.24% and a return on equity of 46.09%. The business had revenue of $156.20 million during the quarter, compared to analysts’ expectations of $158.85 million. During the same period last year, the company posted $0.09 EPS. The business’s revenue was up 25.2% on a year-over-year basis. As a group, research analysts expect that Canada Goose Holdings Inc will post 1.26 EPS for the current fiscal year.

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Canada Goose Profile

Canada Goose Holdings Inc designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies. 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 (NYSE:GOOS)

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