Van Berkom & Associates Inc. Sells 95,179 Shares of Canada Goose Holdings Inc. (NYSE:GOOS)

Van Berkom & Associates Inc. lessened its stake in shares of Canada Goose Holdings Inc. (NYSE:GOOS) by 21.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 343,813 shares of the company’s stock after selling 95,179 shares during the period. Van Berkom & Associates Inc. owned about 0.36% of Canada Goose worth $4,444,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of GOOS. TD Asset Management Inc raised its position in Canada Goose by 15.5% during the 2nd quarter. TD Asset Management Inc now owns 147,452 shares of the company’s stock valued at $1,906,000 after purchasing an additional 19,761 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Canada Goose by 17.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,725 shares of the company’s stock valued at $177,000 after acquiring an additional 2,002 shares in the last quarter. GAM Holding AG lifted its stake in Canada Goose by 50.9% in the second quarter. GAM Holding AG now owns 25,000 shares of the company’s stock worth $323,000 after acquiring an additional 8,430 shares during the period. Raymond James & Associates lifted its stake in Canada Goose by 14.4% in the second quarter. Raymond James & Associates now owns 214,773 shares of the company’s stock worth $2,777,000 after acquiring an additional 27,029 shares during the period. Finally, Strategic Wealth Partners Ltd. grew its holdings in Canada Goose by 10.0% during the 1st quarter. Strategic Wealth Partners Ltd. now owns 71,126 shares of the company’s stock worth $858,000 after acquiring an additional 6,442 shares in the last quarter. Hedge funds and other institutional investors own 83.64% of the company’s stock.

Canada Goose Stock Down 0.8 %

GOOS stock traded down $0.08 on Monday, hitting $10.44. 15,207 shares of the company’s stock were exchanged, compared to its average volume of 948,229. The firm has a 50 day moving average price of $11.52 and a two-hundred day moving average price of $12.19. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.63 and a current ratio of 2.14. Canada Goose Holdings Inc. has a 12-month low of $9.80 and a 12-month high of $15.90. The stock has a market cap of $1.01 billion, a P/E ratio of 28.43, a price-to-earnings-growth ratio of 0.58 and a beta of 1.32.

Canada Goose (NYSE:GOOS) last posted its quarterly earnings data on Thursday, August 1st. The company reported ($0.58) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.60) by $0.02. The firm had revenue of $64.39 million for the quarter, compared to the consensus estimate of $63.47 million. Canada Goose had a net margin of 4.66% and a return on equity of 25.63%. As a group, equities research analysts expect that Canada Goose Holdings Inc. will post 0.83 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently commented on GOOS. Barclays reduced their price target on shares of Canada Goose from $13.00 to $12.00 and set an “equal weight” rating for the company in a report on Friday, August 2nd. Evercore increased their target price on Canada Goose from $12.00 to $13.00 and gave the company an “in-line” rating in a research report on Friday, May 17th. Raymond James lowered Canada Goose from an “outperform” rating to a “market perform” rating in a research report on Tuesday, July 23rd. Wedbush began coverage on Canada Goose in a research note on Friday, July 19th. They set an “outperform” rating for the company. Finally, Evercore ISI lifted their target price on Canada Goose from $12.00 to $13.00 and gave the company an “in-line” rating in a research note on Friday, May 17th. Eight research 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 a consensus rating of “Hold” and a consensus price target of $14.07.

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.