Segantii Capital Management Ltd purchased a new position in Canada Goose Holdings Inc. (NYSE:GOOS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 75,000 shares of the company’s stock, valued at approximately $1,481,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of GOOS. Henderson Group PLC purchased a new stake in Canada Goose Holdings during the first quarter worth about $958,000. TD Asset Management Inc. purchased a new stake in Canada Goose Holdings during the first quarter worth about $2,449,000. Ameriprise Financial Inc. purchased a new stake in Canada Goose Holdings during the first quarter worth about $298,000. Eagle Asset Management Inc. purchased a new stake in Canada Goose Holdings during the first quarter worth about $4,354,000. Finally, State of Wisconsin Investment Board purchased a new stake in Canada Goose Holdings during the first quarter worth about $487,000. 14.30% of the stock is currently owned by institutional investors.

Canada Goose Holdings Inc. (NYSE:GOOS) opened at 18.95 on Thursday. Canada Goose Holdings Inc. has a 52-week low of $15.20 and a 52-week high of $24.32. The stock’s 50 day moving average price is $19.15 and its 200 day moving average price is $18.27. The company has a market cap of $2.02 billion and a P/E ratio of 113.47.

Canada Goose Holdings (NYSE:GOOS) last announced its quarterly earnings data on Thursday, August 10th. The company reported ($0.10) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.15) by $0.05. The company had revenue of $28.20 million for the quarter, compared to analysts’ expectations of $16.50 million. The company’s revenue for the quarter was up 79.6% compared to the same quarter last year. Analysts expect that Canada Goose Holdings Inc. will post $0.40 earnings per share for the current year.

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A number of analysts have issued reports on GOOS shares. Barclays PLC reaffirmed an “overweight” rating and issued a $19.00 price objective on shares of Canada Goose Holdings in a research note on Tuesday, May 30th. ValuEngine downgraded Canada Goose Holdings from a “hold” rating to a “sell” rating in a research note on Saturday, June 3rd. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $32.00 price objective on shares of Canada Goose Holdings in a research note on Monday, June 5th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and issued a $22.00 price objective (up previously from $20.00) on shares of Canada Goose Holdings in a research note on Monday, June 5th. Finally, Zacks Investment Research downgraded Canada Goose Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, June 13th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of C$25.78.

About Canada Goose Holdings

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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