Pacific Heights Asset Management LLC Acquires New Holdings in Canadian Tire Co., Limited $CDNTF

Pacific Heights Asset Management LLC bought a new stake in shares of Canadian Tire Co., Limited (OTCMKTS:CDNTF) in the 2nd quarter, Holdings Channel.com reports. The fund bought 600,000 shares of the company’s stock, valued at approximately $23,700,000.

Separately, WIT Partners Advisory Pte. Ltd. purchased a new stake in shares of Canadian Tire in the second quarter valued at $1,954,065,000. Institutional investors and hedge funds own 2.23% of the company’s stock.

Canadian Tire Price Performance

Canadian Tire stock opened at $155.70 on Friday. Canadian Tire Co., Limited has a 12-month low of $150.14 and a 12-month high of $236.05. The firm’s 50-day moving average is $167.62 and its two-hundred day moving average is $168.44.

Canadian Tire Company Profile

Canadian Tire Corporation, Limited is a diversified Canadian retail company known for its extensive portfolio of automotive, home, and leisure products. Through its signature Canadian Tire retail stores, the company offers a wide range of goods including automotive parts and accessories, tools and hardware, sporting equipment, home appliances, and seasonal products. In addition to its brick-and-mortar footprint, Canadian Tire operates an integrated e-commerce platform that supports online ordering, in-store pickup, and delivery services.

Founded in 1922 by brothers John W.