Massachusetts Financial Services Co. MA Has $25.50 Million Stock Holdings in Canada Goose Holdings Inc. (NYSE:GOOS)

Massachusetts Financial Services Co. MA lessened its stake in Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) by 9.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,542,222 shares of the company's stock after selling 278,500 shares during the period. Massachusetts Financial Services Co. MA owned about 2.63% of Canada Goose worth $25,498,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in GOOS. Arrowstreet Capital Limited Partnership bought a new stake in Canada Goose in the fourth quarter valued at approximately $12,251,000. Alberta Investment Management Corp acquired a new position in shares of Canada Goose in the 4th quarter worth approximately $748,000. Raymond James Financial Inc. bought a new stake in shares of Canada Goose in the 4th quarter valued at $3,769,000. Pier Capital LLC increased its position in shares of Canada Goose by 118.0% during the fourth quarter. Pier Capital LLC now owns 357,849 shares of the company's stock worth $3,589,000 after buying an additional 193,708 shares during the period. Finally, Aviso Financial Inc. raised its stake in Canada Goose by 4,136.6% during the fourth quarter. Aviso Financial Inc. now owns 90,028 shares of the company's stock worth $904,000 after buying an additional 87,903 shares during the last quarter. Institutional investors and hedge funds own 83.64% of the company's stock.

Analysts Set New Price Targets

GOOS has been the topic of a number of research analyst reports. Barclays reaffirmed an "underweight" rating and set a $8.00 price target (down previously from $10.00) on shares of Canada Goose in a research report on Monday, March 31st. Evercore ISI dropped their price objective on Canada Goose from $13.00 to $10.00 and set an "in-line" rating on the stock in a research note on Monday, February 10th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $10.20.

Canada Goose Stock Up 2.2 %

GOOS traded up $0.17 during midday trading on Friday, hitting $7.70. The company had a trading volume of 642,967 shares, compared to its average volume of 845,950. The stock's 50 day moving average price is $9.09 and its 200 day moving average price is $9.90. Canada Goose Holdings Inc. has a 52 week low of $6.73 and a 52 week high of $14.75. The company has a market capitalization of $744.92 million, a price-to-earnings ratio of 14.80, a PEG ratio of 1.00 and a beta of 1.32. The company has a quick ratio of 1.14, a current ratio of 2.01 and a debt-to-equity ratio of 0.81.

Canada Goose (NYSE:GOOS - Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported $1.10 EPS for the quarter, meeting the consensus estimate of $1.10. Canada Goose had a return on equity of 22.49% and a net margin of 5.47%. On average, research analysts anticipate that Canada Goose Holdings Inc. will post 0.7 earnings per share for the current fiscal 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.