Vanguard Group Inc. Has $25.36 Million Stock Holdings in Canada Goose Holdings Inc. (NYSE:GOOS)

Vanguard Group Inc. raised its holdings in shares of Canada Goose Holdings Inc. (NYSE:GOOS) by 1.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,730,101 shares of the company’s stock after purchasing an additional 21,967 shares during the quarter. Vanguard Group Inc.’s holdings in Canada Goose were worth $25,363,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in GOOS. The Manufacturers Life Insurance Company lifted its holdings in Canada Goose by 203.0% during the 1st quarter. The Manufacturers Life Insurance Company now owns 3,179,953 shares of the company’s stock valued at $83,715,000 after purchasing an additional 2,130,452 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Canada Goose by 313.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,552,800 shares of the company’s stock valued at $22,764,000 after purchasing an additional 1,177,180 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Canada Goose by 135.6% during the 2nd quarter. Goldman Sachs Group Inc. now owns 1,930,284 shares of the company’s stock valued at $34,764,000 after purchasing an additional 1,111,105 shares during the last quarter. Wasatch Advisors Inc. acquired a new stake in Canada Goose during the 1st quarter valued at $25,797,000. Finally, The Manufacturers Life Insurance Company lifted its holdings in Canada Goose by 19.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 4,967,875 shares of the company’s stock valued at $72,905,000 after purchasing an additional 812,174 shares during the last quarter. Institutional investors and hedge funds own 83.64% of the company’s stock.

Canada Goose Stock Down 3.8 %

Shares of NYSE GOOS opened at $10.78 on Friday. 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 Holdings Inc. has a 52 week low of $9.80 and a 52 week high of $22.65. The stock has a market capitalization of $1.05 billion, a P/E ratio of 34.78, a PEG ratio of 1.16 and a beta of 1.48. The stock’s fifty day moving average is $12.48 and its 200 day moving average is $12.13.

Canada Goose (NYSE:GOOS) last issued 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 forecast that Canada Goose Holdings Inc. will post 0.66 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Evercore increased their price objective on Canada Goose from $11.00 to $12.00 and gave the stock an “in-line” rating in a research report on Friday, February 2nd. Barclays increased their price objective on Canada Goose from $11.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Friday, February 2nd. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $13.83.

Canada Goose 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.