Pier Capital LLC Acquires 193,708 Shares of Canada Goose Holdings Inc. (NYSE:GOOS)

Pier Capital LLC raised its holdings in shares of Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) by 118.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 357,849 shares of the company's stock after purchasing an additional 193,708 shares during the quarter. Pier Capital LLC owned 0.37% of Canada Goose worth $3,589,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. BNP Paribas Financial Markets lifted its holdings in shares of Canada Goose by 193.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,164 shares of the company's stock valued at $40,000 after acquiring an additional 2,087 shares during the last quarter. Olympiad Research LP lifted its stake in shares of Canada Goose by 18.2% in the 4th quarter. Olympiad Research LP now owns 16,543 shares of the company's stock valued at $166,000 after purchasing an additional 2,549 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its holdings 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 increased its position 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 valued at $394,000 after purchasing an additional 6,930 shares during the last quarter. Finally, DGS Capital Management LLC raised its holdings in Canada Goose by 75.0% during the 4th quarter. DGS Capital Management LLC now owns 18,348 shares of the company's stock valued at $184,000 after buying an additional 7,863 shares during the period. 83.64% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Barclays dropped their price objective on shares of Canada Goose from $11.00 to $10.00 and set an "equal weight" rating for the company in a research note on Monday, February 10th. Evercore ISI dropped their price target on shares of 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. Finally, The Goldman Sachs Group reduced their price objective on shares of Canada Goose from $9.00 to $8.00 and set a "sell" rating on the stock in a research report on Tuesday, December 10th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat, Canada Goose has an average rating of "Hold" and an average target price of $10.60.

Canada Goose Trading Down 1.9 %

Shares of NYSE GOOS traded down $0.16 during mid-day trading on Friday, reaching $8.23. The company had a trading volume of 849,818 shares, compared to its average volume of 821,023. The stock has a market cap of $796.91 million, a price-to-earnings ratio of 15.83, a price-to-earnings-growth ratio of 1.00 and a beta of 1.35. Canada Goose Holdings Inc. has a 52 week low of $8.16 and a 52 week high of $14.75. The business's 50-day moving average is $9.86 and its 200-day moving average is $10.15. The company has a current ratio of 2.01, a quick ratio of 1.14 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, hitting analysts' consensus estimates of $1.10. Canada Goose had a net margin of 5.47% and a return on equity of 22.49%. Equities analysts expect 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.