Public Employees Retirement System of Ohio 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 13F filing with the SEC. The fund purchased 15,043 shares of the company’s stock, valued at approximately $189,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. Raymond James & Associates grew its holdings in Canada Goose by 14.4% in the second quarter. Raymond James & Associates now owns 214,773 shares of the company’s stock valued at $2,777,000 after purchasing an additional 27,029 shares during the period. GAM Holding AG grew its stake in shares of Canada Goose by 50.9% during the 2nd quarter. GAM Holding AG now owns 25,000 shares of the company’s stock valued at $323,000 after buying an additional 8,430 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Canada Goose by 17.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,725 shares of the company’s stock valued at $177,000 after buying an additional 2,002 shares during the period. TD Asset Management Inc increased its holdings in shares of Canada Goose by 15.5% during the 2nd quarter. TD Asset Management Inc now owns 147,452 shares of the company’s stock worth $1,906,000 after buying an additional 19,761 shares during the last quarter. Finally, American Century Companies Inc. raised its position in shares of Canada Goose by 94.3% in the 2nd quarter. American Century Companies Inc. now owns 27,403 shares of the company’s stock worth $354,000 after buying an additional 13,300 shares during the period. Institutional investors and hedge funds own 83.64% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the company. Wells Fargo & Company lowered Canada Goose from an “equal weight” rating to an “underweight” rating in a research note on Monday, October 14th. The Goldman Sachs Group decreased their price objective on shares of Canada Goose from $9.00 to $8.00 and set a “sell” rating for the company in a research note on Tuesday, December 10th. Finally, UBS Group dropped their price objective on shares of Canada Goose from $13.00 to $12.00 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $11.60.
Canada Goose Stock Up 2.9 %
NYSE GOOS opened at $10.13 on Friday. The stock has a market cap of $980.53 million, a PE ratio of 27.38, a P/E/G ratio of 0.61 and a beta of 1.34. The business has a 50 day moving average price of $9.90 and a two-hundred day moving average price of $11.17. Canada Goose Holdings Inc. has a fifty-two week low of $9.23 and a fifty-two week high of $14.75. The company has a quick ratio of 0.71, a current ratio of 1.85 and a debt-to-equity ratio of 1.21.
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.
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