Bessemer Group Inc. Makes New $438,000 Investment in Canada Goose Holdings Inc. (NYSE:GOOS)

Bessemer Group Inc. acquired a new position in Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 43,700 shares of the company's stock, valued at approximately $438,000.

A number of other large investors also recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership purchased a new position in shares of Canada Goose in the fourth quarter valued at approximately $12,251,000. Scheer Rowlett & Associates Investment Management Ltd. boosted its holdings in shares of Canada Goose by 1.2% in the 4th quarter. Scheer Rowlett & Associates Investment Management Ltd. now owns 1,218,326 shares of the company's stock valued at $12,223,000 after buying an additional 14,341 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Canada Goose by 4.5% during the fourth quarter. Wells Fargo & Company MN now owns 378,171 shares of the company's stock worth $3,793,000 after purchasing an additional 16,399 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Canada Goose in the 4th quarter valued at about $3,769,000. Finally, Pier Capital LLC grew its stake in Canada Goose by 118.0% during the 4th quarter. Pier Capital LLC now owns 357,849 shares of the company's stock worth $3,589,000 after buying an additional 193,708 shares during the last quarter. 83.64% of the stock is currently owned by institutional investors and hedge funds.

Canada Goose Stock Performance

Shares of Canada Goose stock traded up $0.09 during trading hours on Monday, hitting $8.10. 162,209 shares of the company were exchanged, compared to its average volume of 845,703. The company has a current ratio of 2.01, a quick ratio of 1.14 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $784.03 million, a price-to-earnings ratio of 15.65, a P/E/G ratio of 1.00 and a beta of 1.32. The business has a 50-day moving average of $8.88 and a 200-day moving average of $9.73. Canada Goose Holdings Inc. has a 1 year low of $6.73 and a 1 year high of $14.75.

Canada Goose (NYSE:GOOS - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported $1.10 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.10. Canada Goose had a return on equity of 22.49% and a net margin of 5.47%. As a group, analysts expect that Canada Goose Holdings Inc. will post 0.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on GOOS. Evercore ISI reduced their price objective on Canada Goose from $13.00 to $10.00 and set an "in-line" rating for the company in a research note on Monday, February 10th. Barclays reissued an "underweight" rating and set a $8.00 price objective (down from $10.00) on shares of Canada Goose in a research report on Monday, March 31st. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $10.20.

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.