Trexquant Investment LP Buys Shares of 65,741 Canada Goose Holdings Inc. $GOOS

Trexquant Investment LP bought a new stake in shares of Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 65,741 shares of the company's stock, valued at approximately $523,000. Trexquant Investment LP owned 0.07% of Canada Goose as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP increased its stake in Canada Goose by 22.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 190,086 shares of the company's stock valued at $1,906,000 after purchasing an additional 34,327 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Canada Goose by 508.0% in the 4th quarter. BNP Paribas Financial Markets now owns 19,238 shares of the company's stock worth $193,000 after acquiring an additional 16,074 shares in the last quarter. Deutsche Bank AG lifted its holdings in Canada Goose by 192.0% during the fourth quarter. Deutsche Bank AG now owns 7,998 shares of the company's stock valued at $80,000 after purchasing an additional 5,259 shares during the last quarter. Graham Capital Management L.P. increased its position in shares of Canada Goose by 155.3% in 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. Finally, Millennium Management LLC boosted its stake in shares of Canada Goose by 120.6% during the fourth quarter. Millennium Management LLC now owns 301,663 shares of the company's stock valued at $3,026,000 after purchasing an additional 164,905 shares during the period. 83.64% of the stock is currently owned by institutional investors and hedge funds.

Canada Goose Price Performance

GOOS traded down $0.56 during trading on Friday, hitting $14.07. 709,466 shares of the stock traded hands, compared to its average volume of 1,745,803. Canada Goose Holdings Inc. has a twelve month low of $6.73 and a twelve month high of $15.43. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.02 and a quick ratio of 0.89. The company has a market cap of $1.37 billion, a price-to-earnings ratio of 41.38, a PEG ratio of 1.10 and a beta of 1.46. The business has a 50 day moving average price of $12.86 and a 200 day moving average price of $10.71.

Canada Goose (NYSE:GOOS - Get Free Report) last posted 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 net margin of 3.48% and a return on equity of 19.85%. The firm had revenue of $77.91 million during the quarter, compared to the consensus estimate of $68.33 million. During the same period in the prior year, the company posted $0.78 earnings per share. Equities research analysts forecast that Canada Goose Holdings Inc. will post 0.7 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on GOOS shares. UBS Group reaffirmed a "neutral" rating and set a $11.00 price objective (up from $8.00) on shares of Canada Goose in a research report on Thursday, May 22nd. Evercore ISI set a $11.00 price objective on Canada Goose and gave the company an "in-line" rating in a report on Thursday, May 22nd. TD Cowen raised Canada Goose from a "hold" rating to a "buy" rating and lifted their price objective for the company from $16.00 to $18.00 in a research note on Monday, September 8th. Robert W. Baird set a $28.00 target price on Canada Goose in a report on Thursday, August 28th. Finally, Cowen raised Canada Goose from a "hold" rating to a "buy" rating in a research report on Monday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Canada Goose currently has an average rating of "Moderate Buy" and an average price target of $15.00.

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.