Canada Goose Holdings Inc. (NYSE:GOOS) Shares Sold by Mackenzie Financial Corp

Mackenzie Financial Corp trimmed its holdings in Canada Goose Holdings Inc. (NYSE:GOOS) by 20.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 102,811 shares of the company’s stock after selling 25,840 shares during the period. Mackenzie Financial Corp’s holdings in Canada Goose were worth $1,222,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC acquired a new stake in shares of Canada Goose during the 3rd quarter worth about $160,000. Raymond James & Associates boosted its stake in shares of Canada Goose by 10.9% during the 3rd quarter. Raymond James & Associates now owns 134,124 shares of the company’s stock worth $1,966,000 after purchasing an additional 13,185 shares during the last quarter. Manhattan West Asset Management LLC boosted its stake in shares of Canada Goose by 30.6% during the 3rd quarter. Manhattan West Asset Management LLC now owns 88,080 shares of the company’s stock worth $1,291,000 after purchasing an additional 20,625 shares during the last quarter. Silverleafe Capital Partners LLC acquired a new stake in shares of Canada Goose during the 3rd quarter worth about $147,000. Finally, Van Berkom & Associates Inc. boosted its stake in shares of Canada Goose by 5.9% during the 3rd quarter. Van Berkom & Associates Inc. now owns 370,217 shares of the company’s stock worth $5,455,000 after purchasing an additional 20,609 shares during the last quarter. 83.64% of the stock is currently owned by hedge funds and other institutional investors.

Canada Goose Trading Up 1.2 %

GOOS opened at $11.51 on Thursday. The firm has a market capitalization of $1.12 billion, a P/E ratio of 37.11, a P/E/G ratio of 1.19 and a beta of 1.48. The firm’s 50 day moving average is $12.30 and its 200-day moving average is $11.95. Canada Goose Holdings Inc. has a 52-week low of $9.80 and a 52-week high of $22.65. The company has a quick ratio of 0.81, a current ratio of 1.87 and a debt-to-equity ratio of 0.95.

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

Analyst Upgrades and Downgrades

GOOS has been the topic of several analyst reports. Barclays raised their price target on shares of Canada Goose from $11.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Friday, February 2nd. Evercore raised their target price on shares of Canada Goose from $11.00 to $12.00 and gave the stock an “in-line” rating in a research report on Friday, February 2nd. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, Canada Goose currently has an average rating of “Hold” and a consensus target price of $13.83.

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.