Canada Goose Holdings Inc. $GOOS Shares Acquired by Landscape Capital Management L.L.C.

Key Points

• Landscape Capital Management L.L.C. increased its stake in Canada Goose Holdings Inc. by 169.2% during the first quarter, now owning 178,921 shares valued at approximately $1.42 million.
• Several brokerages have recently upgraded their ratings for the stock, with Baird R W moving it from "hold" to "strong-buy", while the Goldman Sachs Group set a price target of $9.00 with a "sell" rating.
• Canada Goose reported a disappointing quarterly EPS of ($0.66), missing estimates, but exceeded revenue expectations with $77.91 million compared to the forecast of $68.33 million.

Landscape Capital Management L.L.C. boosted its holdings in shares of Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) by 169.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 178,921 shares of the company's stock after acquiring an additional 112,450 shares during the period. Landscape Capital Management L.L.C. owned about 0.18% of Canada Goose worth $1,422,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Patient Capital Management LLC boosted its position in Canada Goose by 3.4% during the fourth quarter. Patient Capital Management LLC now owns 3,854,520 shares of the company's stock worth $38,661,000 after acquiring an additional 128,133 shares during the last quarter. Raymond James Financial Inc. raised its holdings in Canada Goose by 15.6% in the 1st quarter. Raymond James Financial Inc. now owns 434,608 shares of the company's stock valued at $3,455,000 after acquiring an additional 58,798 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Canada Goose by 120.6% during the 4th quarter. Millennium Management LLC now owns 301,663 shares of the company's stock worth $3,026,000 after purchasing an additional 164,905 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Canada Goose by 22.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 190,086 shares of the company's stock worth $1,906,000 after purchasing an additional 34,327 shares during the last quarter. Finally, Graham Capital Management L.P. boosted its holdings in shares of Canada Goose by 155.3% during the fourth quarter. Graham Capital Management L.P. now owns 82,487 shares of the company's stock worth $827,000 after purchasing an additional 50,176 shares during the last quarter. Institutional investors and hedge funds own 83.64% of the company's stock.

Analyst Ratings Changes

GOOS has been the subject of several recent analyst reports. Evercore ISI set a $11.00 price target on Canada Goose and gave the company an "in-line" rating in a report on Thursday, May 22nd. Barclays decreased their target price on shares of Canada Goose from $14.00 to $13.00 and set an "equal weight" rating on the stock in a research report on Friday, August 1st. Baird R W upgraded Canada Goose from a "hold" rating to a "strong-buy" rating in a report on Tuesday, August 26th. Wells Fargo & Company raised Canada Goose from an "equal weight" rating to an "overweight" rating in a research report on Friday, August 1st. Finally, The Goldman Sachs Group boosted their price target on Canada Goose from $8.00 to $9.00 and gave the company a "sell" rating in a research report on Thursday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $14.40.

Canada Goose Stock Down 1.6%

NYSE GOOS traded down $0.22 during trading hours on Monday, hitting $12.97. The company had a trading volume of 1,207,104 shares, compared to its average volume of 1,731,433. The firm's 50 day moving average is $12.42 and its 200 day moving average is $10.50. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.02 and a quick ratio of 0.89. Canada Goose Holdings Inc. has a fifty-two week low of $6.73 and a fifty-two week high of $15.43. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of 38.13, a P/E/G ratio of 0.97 and a beta of 1.45.

Canada Goose (NYSE:GOOS - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported ($0.66) EPS for the quarter, missing analysts' consensus estimates of ($0.62) by ($0.04). Canada Goose had a return on equity of 19.85% and a net margin of 3.48%.The company had revenue of $77.91 million for the quarter, compared to analyst estimates of $68.33 million. During the same quarter in the prior year, the firm earned $0.78 EPS. Sell-side analysts anticipate that Canada Goose Holdings Inc. will post 0.7 earnings per share for the current fiscal year.

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.