Quinn Opportunity Partners LLC Purchases 33,088 Shares of Canada Goose Holdings Inc. (NYSE:GOOS)

Quinn Opportunity Partners LLC raised its stake in Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) by 23.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 171,488 shares of the company's stock after acquiring an additional 33,088 shares during the period. Quinn Opportunity Partners LLC owned 0.18% of Canada Goose worth $1,720,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. BNP Paribas Financial Markets lifted its stake 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 worth $40,000 after acquiring an additional 2,087 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in Canada Goose by 4,213.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,313 shares of the company's stock valued at $43,000 after purchasing an additional 4,213 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Canada Goose in the 4th quarter worth $100,000. Aigen Investment Management LP acquired a new stake in shares of Canada Goose in the fourth quarter valued at $103,000. Finally, DGS Capital Management LLC bought a new position in Canada Goose during the third quarter valued at about $131,000. Institutional investors and hedge funds own 83.64% of the company's stock.

Canada Goose Stock Up 2.5 %

Shares of Canada Goose stock traded up $0.20 on Thursday, hitting $7.98. 178,961 shares of the company traded hands, compared to its average volume of 842,549. The company has a market cap of $772.03 million, a PE ratio of 15.37, a PEG ratio of 1.00 and a beta of 1.32. Canada Goose Holdings Inc. has a 12-month low of $6.73 and a 12-month high of $14.75. The company has a 50-day moving average price of $8.95 and a 200 day moving average price of $9.83. 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 quarterly earnings data on Thursday, February 6th. The company reported $1.10 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%. Sell-side analysts predict that Canada Goose Holdings Inc. will post 0.7 earnings per share for the current year.

Wall Street Analyst Weigh In

GOOS has been the subject of several research reports. Evercore ISI reduced their price objective on shares of Canada Goose from $13.00 to $10.00 and set an "in-line" rating for the company in a research report on Monday, February 10th. Barclays reaffirmed an "underweight" rating and issued a $8.00 price target (down previously from $10.00) on shares of Canada Goose in a report on Monday, March 31st. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Canada Goose has a consensus rating of "Hold" and an average target price of $10.20.

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.