Wells Fargo & Company MN raised its stake in shares of Canada Goose Holdings Inc. (NYSE:GOOS) by 1,706.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 156,228 shares of the company’s stock after purchasing an additional 147,578 shares during the quarter. Wells Fargo & Company MN owned 0.43% of Canada Goose Holdings worth $3,085,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. FMR LLC bought a new stake in Canada Goose Holdings in the first quarter valued at about $45,624,000. Calamos Advisors LLC bought a new stake in Canada Goose Holdings in the second quarter valued at about $11,510,000. Eagle Asset Management Inc. increased its stake in Canada Goose Holdings by 165.0% in the second quarter. Eagle Asset Management Inc. now owns 721,345 shares of the company’s stock valued at $14,246,000 after acquiring an additional 449,182 shares during the period. State of Tennessee Treasury Department bought a new stake in Canada Goose Holdings in the second quarter valued at about $4,224,000. Finally, OZ Management LP bought a new stake in Canada Goose Holdings in the second quarter valued at about $3,952,000. Institutional investors own 26.23% of the company’s stock.

A number of analysts recently weighed in on the stock. Instinet reissued a “neutral” rating and issued a $26.00 target price on shares of Canada Goose Holdings in a research note on Monday, August 14th. Canaccord Genuity reissued a “buy” rating on shares of Canada Goose Holdings in a research note on Friday, August 11th. Barclays PLC reissued an “overweight” rating and issued a $31.00 target price (up previously from $30.00) on shares of Canada Goose Holdings in a research note on Monday, August 14th. Zacks Investment Research raised shares of Canada Goose Holdings from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research note on Tuesday, September 26th. Finally, Nomura reissued a “hold” rating on shares of Canada Goose Holdings in a research note on Saturday, August 12th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of C$26.82.

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Canada Goose Holdings Inc. (GOOS) opened at 20.51 on Friday. The firm has a 50-day moving average of $19.96 and a 200-day moving average of $18.99. The firm has a market capitalization of $2.19 billion and a price-to-earnings ratio of 109.10. Canada Goose Holdings Inc. has a 52-week low of $15.20 and a 52-week high of $24.32.

Canada Goose Holdings (NYSE:GOOS) last released its earnings results on Thursday, August 10th. The company reported C($0.10) EPS for the quarter, beating the consensus estimate of C($0.15) by C$0.05. The firm had revenue of C$28.20 million during the quarter, compared to the consensus estimate of C$16.50 million. Canada Goose Holdings’s quarterly revenue was up 79.6% on a year-over-year basis. On average, equities research analysts forecast that Canada Goose Holdings Inc. will post $0.44 EPS for the current fiscal year.

Canada Goose Holdings Profile

Canada Goose Holdings Inc designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies in Canada, the United States, and internationally. 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 Holdings (NYSE:GOOS)

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