River Global Investors LLP Buys 16,027 Shares of Canada Goose Holdings Inc. (NYSE:GOOS)

River Global Investors LLP lifted its stake in shares of Canada Goose Holdings Inc. (NYSE:GOOS) by 21.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 89,409 shares of the company’s stock after acquiring an additional 16,027 shares during the quarter. River Global Investors LLP owned about 0.09% of Canada Goose worth $1,067,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in GOOS. The Manufacturers Life Insurance Company boosted its stake in shares of 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 worth $72,905,000 after acquiring an additional 812,174 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp bought a new stake in shares of Canada Goose during the 3rd quarter worth about $9,456,000. Timucuan Asset Management Inc. FL boosted its stake in Canada Goose by 21.1% during the 3rd quarter. Timucuan Asset Management Inc. FL now owns 1,759,290 shares of the company’s stock valued at $25,791,000 after purchasing an additional 306,783 shares during the period. Smead Capital Management Inc. bought a new stake in Canada Goose during the 3rd quarter valued at approximately $3,475,000. Finally, Baillie Gifford & Co. bought a new stake in Canada Goose during the 3rd quarter valued at approximately $2,092,000. Institutional investors own 83.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on GOOS shares. Barclays increased their target price on Canada Goose from $11.00 to $13.00 and gave the company an “equal weight” rating in a research note on Friday, February 2nd. Evercore raised 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. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $13.83.

Canada Goose Price Performance

Shares of GOOS traded down $0.05 during mid-day trading on Friday, reaching $11.36. The company had a trading volume of 446,265 shares, compared to its average volume of 502,926. Canada Goose Holdings Inc. has a twelve month low of $9.80 and a twelve month high of $22.65. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.87 and a quick ratio of 0.81. The company’s 50-day moving average is $11.99 and its 200-day moving average is $11.84. The company has a market capitalization of $1.10 billion, a P/E ratio of 36.65, a P/E/G ratio of 1.17 and a beta of 1.46.

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

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.