Zurcher Kantonalbank Zurich Cantonalbank Acquires 2,002 Shares of Canada Goose Holdings Inc. (NYSE:GOOS)

Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Canada Goose Holdings Inc. (NYSE:GOOS) by 17.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,725 shares of the company’s stock after acquiring an additional 2,002 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Canada Goose were worth $177,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of GOOS. Claro Advisors LLC purchased a new stake in Canada Goose during the 1st quarter valued at $210,000. BNP Paribas Financial Markets boosted its position in shares of Canada Goose by 2,048.6% in the 1st quarter. BNP Paribas Financial Markets now owns 20,927 shares of the company’s stock worth $252,000 after purchasing an additional 19,953 shares in the last quarter. Aigen Investment Management LP boosted its holdings in Canada Goose by 103.3% in the fourth quarter. Aigen Investment Management LP now owns 23,033 shares of the company’s stock worth $274,000 after acquiring an additional 11,703 shares in the last quarter. GAM Holding AG grew its position in Canada Goose by 50.9% during the 2nd quarter. GAM Holding AG now owns 25,000 shares of the company’s stock valued at $323,000 after purchasing an additional 8,430 shares during the last quarter. Finally, SG Americas Securities LLC increased its position in shares of Canada Goose by 253.4% during the first quarter. SG Americas Securities LLC now owns 36,927 shares of the company’s stock valued at $445,000 after acquiring an additional 26,477 shares in the last quarter. 83.64% of the stock is owned by hedge funds and other institutional investors.

Canada Goose Trading Down 1.2 %

NYSE:GOOS opened at $10.39 on Tuesday. Canada Goose Holdings Inc. has a 12-month low of $9.80 and a 12-month high of $15.90. The firm has a market cap of $1.01 billion, a PE ratio of 28.08, a price-to-earnings-growth ratio of 0.58 and a beta of 1.32. The company has a current ratio of 2.14, a quick ratio of 0.63 and a debt-to-equity ratio of 1.25. The stock has a fifty day moving average price of $11.48 and a 200 day moving average price of $12.16.

Canada Goose (NYSE:GOOS) last announced its quarterly earnings results on Thursday, August 1st. The company reported ($0.58) EPS for the quarter, beating the consensus estimate of ($0.60) by $0.02. Canada Goose had a net margin of 4.66% and a return on equity of 25.63%. The company had revenue of $64.39 million for the quarter, compared to analyst estimates of $63.47 million. Sell-side analysts anticipate that Canada Goose Holdings Inc. will post 0.83 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on GOOS shares. UBS Group decreased their target price on shares of Canada Goose from $14.00 to $13.00 and set a “neutral” rating for the company in a research note on Friday, August 2nd. Raymond James lowered Canada Goose from an “outperform” rating to a “market perform” rating in a research note on Tuesday, July 23rd. Wedbush initiated coverage on shares of Canada Goose in a research note on Friday, July 19th. They issued an “outperform” rating for the company. Evercore ISI lifted their target price on Canada Goose from $12.00 to $13.00 and gave the stock an “in-line” rating in a report on Friday, May 17th. Finally, The Goldman Sachs Group upped their price target on shares of Canada Goose from $11.00 to $12.50 and gave the company a “neutral” rating in a report on Friday, May 17th. Eight equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Canada Goose has a consensus rating of “Hold” and a consensus target price of $14.07.

About Canada Goose

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.