Raymond James Financial Inc. Makes New $3.77 Million Investment in Canada Goose Holdings Inc. (NYSE:GOOS)

Raymond James Financial Inc. purchased a new position in Canada Goose Holdings Inc. (NYSE:GOOS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 375,810 shares of the company’s stock, valued at approximately $3,769,000.

Several other large investors have also recently made changes to their positions in the business. BNP Paribas Financial Markets grew its position in Canada Goose by 193.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,164 shares of the company’s stock valued at $40,000 after purchasing an additional 2,087 shares during the last quarter. Olympiad Research LP grew its holdings in shares of Canada Goose by 18.2% in the fourth quarter. Olympiad Research LP now owns 16,543 shares of the company’s stock worth $166,000 after acquiring an additional 2,549 shares during the period. Steward Partners Investment Advisory LLC lifted its stake in shares of Canada Goose by 4,213.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,313 shares of the company’s stock worth $43,000 after purchasing an additional 4,213 shares during the period. Toronto Dominion Bank boosted its stake in shares of Canada Goose by 28.3% during the 3rd quarter. Toronto Dominion Bank now owns 31,430 shares of the company’s stock worth $394,000 after acquiring an additional 6,930 shares during the last quarter. Finally, DGS Capital Management LLC grew its holdings in Canada Goose by 75.0% during the fourth quarter. DGS Capital Management LLC now owns 18,348 shares of the company’s stock valued at $184,000 after purchasing an additional 7,863 shares during the period. 83.64% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Evercore ISI cut their price target on Canada Goose from $13.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday, February 10th. The Goldman Sachs Group lowered their price target on shares of Canada Goose from $9.00 to $8.00 and set a “sell” rating for the company in a report on Tuesday, December 10th. Finally, Barclays cut their price objective on shares of Canada Goose from $11.00 to $10.00 and set an “equal weight” rating on the stock in a research report on Monday, February 10th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $10.60.

Canada Goose Stock Performance

Canada Goose stock opened at $8.40 on Thursday. Canada Goose Holdings Inc. has a fifty-two week low of $8.25 and a fifty-two week high of $14.75. The company has a market capitalization of $812.69 million, a PE ratio of 16.14, a P/E/G ratio of 1.00 and a beta of 1.35. The company has a 50 day moving average price of $9.93 and a 200-day moving average price of $10.17. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.14 and a current ratio of 2.01.

Canada Goose (NYSE:GOOS) last announced its quarterly earnings results on Thursday, February 6th. The company reported $1.10 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.10. Canada Goose had a return on equity of 22.49% and a net margin of 5.47%. As a group, equities analysts forecast that Canada Goose Holdings Inc. will post 0.7 earnings per share for the current year.

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.