SG Americas Securities LLC Purchases Shares of 10,450 Canada Goose Holdings Inc. (NYSE:GOOS)

SG Americas Securities LLC purchased a new stake in Canada Goose Holdings Inc. (NYSE:GOOS) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,450 shares of the company’s stock, valued at approximately $124,000.

A number of other large investors have also recently bought and sold shares of GOOS. Raymond James & Associates bought a new stake in Canada Goose in the first quarter valued at $1,061,000. Acadian Asset Management LLC bought a new stake in Canada Goose in the first quarter valued at $286,000. BlackRock Inc. grew its position in Canada Goose by 0.5% in the first quarter. BlackRock Inc. now owns 465,058 shares of the company’s stock valued at $12,244,000 after acquiring an additional 2,086 shares during the period. Vanguard Group Inc. grew its holdings in shares of Canada Goose by 1.3% during the first quarter. Vanguard Group Inc. now owns 1,626,615 shares of the company’s stock worth $42,828,000 after purchasing an additional 20,326 shares during the last quarter. Finally, USS Investment Management Ltd bought a new stake in shares of Canada Goose during the first quarter worth $949,000. 83.64% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on GOOS shares. Evercore increased their target price on Canada Goose from $11.00 to $12.00 and gave the stock an “in-line” rating in a report on Friday, February 2nd. Barclays increased their target price on Canada Goose from $11.00 to $13.00 and gave the stock an “equal weight” rating in a report on Friday, February 2nd. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $13.83.

Canada Goose Trading Up 0.4 %

Shares of GOOS opened at $11.25 on Thursday. The company has a quick ratio of 0.81, a current ratio of 1.87 and a debt-to-equity ratio of 0.95. Canada Goose Holdings Inc. has a 12-month low of $9.80 and a 12-month high of $22.65. The firm has a market capitalization of $1.09 billion, a PE ratio of 36.29, a price-to-earnings-growth ratio of 1.13 and a beta of 1.48. The stock’s fifty day simple moving average is $12.43 and its 200-day simple moving average is $12.04.

Canada Goose (NYSE:GOOS) last released its earnings results on Thursday, February 1st. The company reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.06). Canada Goose had a net margin of 3.86% and a return on equity of 23.30%. The company had revenue of $448.03 million during the quarter, compared to analyst estimates of $455.25 million. As a group, research analysts predict that Canada Goose Holdings Inc. will post 0.66 earnings per share for the current year.

About Canada Goose

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.