Oberweis Asset Management Inc. Acquires New Holdings in Canada Goose Holdings Inc (GOOS)

Oberweis Asset Management Inc. acquired a new stake in shares of Canada Goose Holdings Inc (NYSE:GOOS) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 860,800 shares of the company’s stock, valued at approximately $37,634,000. Canada Goose comprises approximately 8.4% of Oberweis Asset Management Inc.’s holdings, making the stock its 2nd biggest holding. Oberweis Asset Management Inc. owned about 0.78% of Canada Goose as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Tower View Investment Management & Research LLC purchased a new stake in shares of Canada Goose during the 4th quarter worth about $26,000. Advisors Asset Management Inc. purchased a new stake in shares of Canada Goose during the 4th quarter worth about $29,000. IFP Advisors Inc boosted its stake in shares of Canada Goose by 43.8% during the 4th quarter. IFP Advisors Inc now owns 719 shares of the company’s stock worth $30,000 after acquiring an additional 219 shares in the last quarter. Bremer Trust National Association purchased a new stake in shares of Canada Goose during the 4th quarter worth about $66,000. Finally, First Manhattan Co. boosted its stake in shares of Canada Goose by 50.0% during the 4th quarter. First Manhattan Co. now owns 3,000 shares of the company’s stock worth $131,000 after acquiring an additional 1,000 shares in the last quarter. 49.12% of the stock is currently owned by hedge funds and other institutional investors.

GOOS has been the topic of several recent analyst reports. TD Securities raised shares of Canada Goose from a “hold” rating to a “buy” rating and lowered their target price for the stock from $93.00 to $84.00 in a research note on Thursday, January 3rd. DA Davidson increased their target price on shares of Canada Goose to $74.00 and gave the stock a “buy” rating in a research note on Friday, November 16th. Zacks Investment Research raised shares of Canada Goose from a “hold” rating to a “strong-buy” rating and set a $78.00 target price on the stock in a research note on Friday, November 16th. Canaccord Genuity set a $102.00 target price on shares of Canada Goose and gave the stock a “buy” rating in a research note on Thursday, November 15th. Finally, Susquehanna Bancshares assumed coverage on shares of Canada Goose in a research note on Monday, December 10th. They set a “positive” rating and a $58.45 target price on the stock. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Canada Goose has a consensus rating of “Buy” and a consensus target price of $77.04.



Shares of GOOS traded up $0.33 during mid-day trading on Friday, hitting $51.79. 16,285 shares of the company were exchanged, compared to its average volume of 2,807,290. Canada Goose Holdings Inc has a 1-year low of $32.37 and a 1-year high of $72.27. The company has a quick ratio of 1.32, a current ratio of 2.58 and a debt-to-equity ratio of 0.38. The company has a market cap of $5.68 billion, a PE ratio of 79.69, a price-to-earnings-growth ratio of 1.70 and a beta of 2.80.

Canada Goose (NYSE:GOOS) last released its quarterly earnings results on Thursday, February 14th. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.14. Canada Goose had a net margin of 17.71% and a return on equity of 52.29%. The firm had revenue of $399.30 million during the quarter, compared to the consensus estimate of $360.13 million. During the same quarter in the prior year, the firm earned $0.58 EPS. The company’s revenue for the quarter was up 50.2% on a year-over-year basis. As a group, sell-side analysts expect that Canada Goose Holdings Inc will post 0.96 earnings per share for the current year.

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Canada Goose Profile

Canada Goose Holdings Inc designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies. The company operates in two segments, Wholesale and Direct to Consumer. It offers parkas, jackets, shells, vests, knitwear, and accessories for fall, winter, and spring seasons.

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Institutional Ownership by Quarter for Canada Goose (NYSE:GOOS)

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