Alberta Investment Management Corp Invests $748,000 in Canada Goose Holdings Inc. (NYSE:GOOS)

Alberta Investment Management Corp bought a new position in Canada Goose Holdings Inc. (NYSE:GOOS) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 74,500 shares of the company’s stock, valued at approximately $748,000. Alberta Investment Management Corp owned about 0.08% of Canada Goose at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. BNP Paribas Financial Markets increased its holdings in shares of Canada Goose by 193.8% in the third quarter. BNP Paribas Financial Markets now owns 3,164 shares of the company’s stock worth $40,000 after purchasing an additional 2,087 shares during the last quarter. Pinnacle Associates Ltd. increased its stake in Canada Goose by 0.6% during the third quarter. Pinnacle Associates Ltd. now owns 602,341 shares of the company’s stock worth $7,138,000 after acquiring an additional 3,338 shares during the last quarter. Toronto Dominion Bank increased its stake in Canada Goose by 28.3% during the third quarter. Toronto Dominion Bank now owns 31,430 shares of the company’s stock worth $394,000 after acquiring an additional 6,930 shares during the last quarter. DGS Capital Management LLC increased its stake in Canada Goose by 75.0% during the fourth quarter. DGS Capital Management LLC now owns 18,348 shares of the company’s stock worth $184,000 after acquiring an additional 7,863 shares during the last quarter. Finally, Olympiad Research LP bought a new stake in Canada Goose during the third quarter worth approximately $175,000. 83.64% of the stock is owned by institutional investors.

Canada Goose Stock Down 0.5 %

Shares of NYSE:GOOS opened at $10.40 on Friday. Canada Goose Holdings Inc. has a 1 year low of $9.23 and a 1 year high of $14.75. The business has a 50 day simple moving average of $10.26 and a two-hundred day simple moving average of $10.45. The firm has a market capitalization of $1.01 billion, a PE ratio of 19.99, a price-to-earnings-growth ratio of 1.00 and a beta of 1.31. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.01 and a quick ratio of 1.14.

Canada Goose (NYSE:GOOS) last announced its earnings results on Thursday, February 6th. The company reported $1.10 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.10. Canada Goose had a return on equity of 22.49% and a net margin of 5.47%. On average, equities analysts predict that Canada Goose Holdings Inc. will post 0.7 EPS for the current year.

Wall Street Analysts Forecast Growth

GOOS has been the topic of several analyst reports. Barclays reduced their price objective on Canada Goose from $11.00 to $10.00 and set an “equal weight” rating on the stock in a research note on Monday, February 10th. Evercore ISI reduced their price objective on Canada Goose from $13.00 to $10.00 and set an “in-line” rating on the stock in a research note on Monday, February 10th. Finally, The Goldman Sachs Group reduced their price objective on Canada Goose from $9.00 to $8.00 and set a “sell” rating on the stock in a research note on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $10.60.

Canada Goose Company Profile

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.