TD Asset Management Inc Trims Position in Canada Goose Holdings Inc. (NYSE:GOOS)

TD Asset Management Inc lowered its holdings in Canada Goose Holdings Inc. (NYSE:GOOSFree Report) by 3.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 133,046 shares of the company’s stock after selling 4,775 shares during the period. TD Asset Management Inc owned 0.14% of Canada Goose worth $1,588,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Natixis Advisors L.P. grew its holdings in Canada Goose by 6.8% in the 3rd quarter. Natixis Advisors L.P. now owns 23,316 shares of the company’s stock valued at $342,000 after buying an additional 1,485 shares during the period. Evergreen Capital Management LLC grew its holdings in Canada Goose by 1.8% in the third quarter. Evergreen Capital Management LLC now owns 109,466 shares of the company’s stock valued at $1,605,000 after purchasing an additional 1,946 shares during the period. Smead Capital Management Inc. increased its position in Canada Goose by 2.7% during the fourth quarter. Smead Capital Management Inc. now owns 243,404 shares of the company’s stock worth $2,891,000 after purchasing an additional 6,492 shares during the last quarter. SG Americas Securities LLC purchased a new position in Canada Goose during the fourth quarter worth approximately $124,000. Finally, Aigen Investment Management LP boosted its holdings in shares of Canada Goose by 103.3% in the 4th quarter. Aigen Investment Management LP now owns 23,033 shares of the company’s stock valued at $274,000 after purchasing an additional 11,703 shares during the last quarter. 83.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. The Goldman Sachs Group upped their price objective on Canada Goose from $11.00 to $12.50 and gave the stock a “neutral” rating in a report on Friday, May 17th. Evercore upped their price target on Canada Goose from $12.00 to $13.00 and gave the stock an “in-line” rating in a research note on Friday, May 17th. Finally, Evercore ISI lifted their price objective on Canada Goose from $12.00 to $13.00 and gave the company an “in-line” rating in a research note on Friday, May 17th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, Canada Goose currently has an average rating of “Hold” and a consensus price target of $14.42.

Get Our Latest Stock Analysis on Canada Goose

Canada Goose Trading Down 1.3 %

NYSE:GOOS opened at $13.60 on Friday. The business’s 50-day moving average is $12.22 and its two-hundred day moving average is $12.20. The firm has a market capitalization of $1.32 billion, a PE ratio of 36.76, a price-to-earnings-growth ratio of 2.47 and a beta of 1.40. Canada Goose Holdings Inc. has a 12 month low of $9.80 and a 12 month high of $18.63. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.39 and a quick ratio of 0.95.

Canada Goose (NYSE:GOOSGet Free Report) last released its quarterly earnings results on Thursday, May 16th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.07. The firm had revenue of $265.56 million during the quarter, compared to analysts’ expectations of $232.36 million. Canada Goose had a return on equity of 25.44% and a net margin of 4.28%. Research analysts predict that Canada Goose Holdings Inc. will post 0.83 earnings per share for the current fiscal year.

Canada Goose Company Profile

(Free Report)

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.

See Also

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

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