WINTON GROUP Ltd purchased a new stake in Canada Goose Holdings Inc. (NYSE:GOOS – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 73,500 shares of the company’s stock, valued at approximately $1,014,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Kessler Investment Group LLC purchased a new stake in Canada Goose in the 3rd quarter valued at $4,128,000. Lisanti Capital Growth LLC purchased a new position in shares of Canada Goose during the 3rd quarter worth $3,056,000. Acadian Asset Management LLC acquired a new position in shares of Canada Goose during the 2nd quarter valued at about $2,353,000. Pinnacle Associates Ltd. boosted its position in shares of Canada Goose by 25.8% during the 3rd quarter. Pinnacle Associates Ltd. now owns 480,214 shares of the company’s stock valued at $6,622,000 after acquiring an additional 98,570 shares during the last quarter. Finally, Headwater Capital Co Ltd purchased a new stake in shares of Canada Goose in the second quarter valued at about $7,385,000. Hedge funds and other institutional investors own 83.64% of the company’s stock.
Analysts Set New Price Targets
GOOS has been the subject of several recent analyst reports. UBS Group raised their price objective on shares of Canada Goose from $12.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. The Goldman Sachs Group reiterated a “sell” rating on shares of Canada Goose in a report on Friday, February 6th. Robert W. Baird cut shares of Canada Goose from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Wall Street Zen upgraded shares of Canada Goose from a “hold” rating to a “buy” rating in a report on Sunday, March 8th. Finally, Zacks Research cut Canada Goose from a “hold” rating to a “strong sell” rating in a report on Friday, January 30th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $15.17.
Canada Goose Trading Up 0.2%
Shares of NYSE:GOOS traded up $0.03 during midday trading on Friday, reaching $10.83. 42,179 shares of the company’s stock were exchanged, compared to its average volume of 776,210. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 83.19 and a beta of 1.72. Canada Goose Holdings Inc. has a fifty-two week low of $6.73 and a fifty-two week high of $15.43. The firm’s 50 day simple moving average is $12.37 and its two-hundred day simple moving average is $13.04. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.12 and a quick ratio of 1.28.
Canada Goose Company Profile
Canada Goose Holdings Inc, traded on the NYSE under the symbol GOOS, is a Canadian design and manufacturing company specializing in premium outerwear. The firm is best known for its down-filled jackets and parkas, engineered to deliver high performance in extreme cold weather. Over time, Canada Goose has expanded its product range to include knitwear, fleece, footwear, and accessories, all designed with an emphasis on technical innovation, quality craftsmanship, and functional style.
Founded in 1957 as Metro Sportswear Ltd.
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