Canada Goose Holdings Inc. (NYSE:GOOS) Shares Bought by Patient Capital Management LLC

Patient Capital Management LLC lifted its holdings in shares of Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) by 3.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,854,520 shares of the company's stock after purchasing an additional 128,133 shares during the period. Canada Goose comprises approximately 1.8% of Patient Capital Management LLC's holdings, making the stock its 28th biggest holding. Patient Capital Management LLC owned 3.98% of Canada Goose worth $38,661,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Steward Partners Investment Advisory LLC increased its stake in shares of Canada Goose by 4,213.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,313 shares of the company's stock worth $43,000 after purchasing an additional 4,213 shares in the last quarter. Deutsche Bank AG increased its stake in shares of Canada Goose by 192.0% during the 4th quarter. Deutsche Bank AG now owns 7,998 shares of the company's stock worth $80,000 after purchasing an additional 5,259 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of Canada Goose during the 4th quarter worth approximately $100,000. Aigen Investment Management LP purchased a new position in shares of Canada Goose during the 4th quarter worth approximately $103,000. Finally, Occudo Quantitative Strategies LP purchased a new position in shares of Canada Goose during the 4th quarter worth approximately $145,000. 83.64% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Barclays restated an "underweight" rating and set a $8.00 target price (down previously from $10.00) on shares of Canada Goose in a research report on Monday, March 31st. Evercore ISI decreased their target price on shares of Canada Goose from $13.00 to $10.00 and set an "in-line" rating on the stock in a research report on Monday, February 10th. Finally, Wells Fargo & Company upgraded shares of Canada Goose from an "underweight" rating to an "equal weight" rating in a research report on Wednesday, April 30th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, Canada Goose currently has a consensus rating of "Hold" and a consensus target price of $10.20.

Canada Goose Trading Up 0.2%

NYSE GOOS traded up $0.02 during mid-day trading on Friday, reaching $9.10. 532,862 shares of the stock were exchanged, compared to its average volume of 835,046. The stock has a market capitalization of $880.64 million, a PE ratio of 17.49, a PEG ratio of 1.00 and a beta of 1.26. The business's fifty day simple moving average is $8.25 and its 200 day simple moving average is $9.41. Canada Goose Holdings Inc. has a 1-year low of $6.73 and a 1-year high of $14.75. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.14 and a current ratio of 2.01.

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.