Marshall Wace LLP reduced its holdings in Canada Goose Holdings Inc (NYSE:GOOS) by 43.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 54,951 shares of the company’s stock after selling 41,977 shares during the quarter. Marshall Wace LLP owned 0.05% of Canada Goose worth $3,538,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Radnor Capital Management LLC increased its holdings in shares of Canada Goose by 5.1% in the third quarter. Radnor Capital Management LLC now owns 19,030 shares of the company’s stock worth $1,228,000 after acquiring an additional 930 shares in the last quarter. Griffin Asset Management Inc. boosted its position in shares of Canada Goose by 2.3% during the third quarter. Griffin Asset Management Inc. now owns 60,680 shares of the company’s stock worth $3,916,000 after buying an additional 1,380 shares during the period. Pinnacle Associates Ltd. boosted its position in shares of Canada Goose by 4.6% during the third quarter. Pinnacle Associates Ltd. now owns 31,845 shares of the company’s stock worth $2,055,000 after buying an additional 1,395 shares during the period. Northern Trust Corp boosted its position in shares of Canada Goose by 13.9% during the second quarter. Northern Trust Corp now owns 14,296 shares of the company’s stock worth $841,000 after buying an additional 1,740 shares during the period. Finally, Swiss National Bank boosted its position in shares of Canada Goose by 2.5% during the third quarter. Swiss National Bank now owns 86,100 shares of the company’s stock worth $5,525,000 after buying an additional 2,100 shares during the period. Institutional investors own 38.12% of the company’s stock.

GOOS stock opened at $52.11 on Friday. The company has a quick ratio of 1.73, a current ratio of 3.91 and a debt-to-equity ratio of 0.94. The stock has a market cap of $5.72 billion, a PE ratio of 80.17, a PEG ratio of 1.66 and a beta of 2.31. Canada Goose Holdings Inc has a fifty-two week low of $26.28 and a fifty-two week high of $72.27.

Canada Goose (NYSE:GOOS) last posted its quarterly earnings data on Wednesday, November 14th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.16. Canada Goose had a return on equity of 44.05% and a net margin of 15.35%. The company had revenue of $230.30 million during the quarter, compared to analysts’ expectations of $197.99 million. During the same period in the prior year, the firm earned $0.29 earnings per share. Canada Goose’s revenue for the quarter was up 33.7% compared to the same quarter last year. As a group, equities research analysts anticipate that Canada Goose Holdings Inc will post 0.95 EPS for the current fiscal year.

Several research firms have recently weighed in on GOOS. DA Davidson began coverage on Canada Goose in a research report on Tuesday, September 25th. They set a “buy” rating and a $68.00 price objective for the company. Royal Bank of Canada upped their price objective on Canada Goose from $80.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 14th. Canaccord Genuity set a $102.00 price objective on Canada Goose and gave the stock a “buy” rating in a research report on Thursday, November 15th. Zacks Investment Research raised Canada Goose from a “hold” rating to a “strong-buy” rating and set a $78.00 price objective for the company in a research report on Friday, November 16th. Finally, Susquehanna Bancshares began coverage on Canada Goose in a research report on Monday, December 10th. They set a “positive” rating and a $58.45 price objective for the company. Two research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $76.65.

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Canada Goose Company 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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