Raymond James Financial Inc. Makes New $3.77 Million Investment in Canada Goose Holdings Inc. (NYSE:GOOS)

Raymond James Financial Inc. bought a new stake in Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 375,810 shares of the company's stock, valued at approximately $3,769,000. Raymond James Financial Inc. owned 0.39% of Canada Goose as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently modified their holdings of the business. Steward Partners Investment Advisory LLC raised its stake in Canada Goose by 4,213.0% in 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. Virtu Financial LLC acquired a new stake in shares of Canada Goose in the fourth quarter valued at approximately $100,000. Aigen Investment Management LP acquired a new stake in shares of Canada Goose in the fourth quarter valued at approximately $103,000. DGS Capital Management LLC bought a new stake in shares of Canada Goose in the third quarter valued at approximately $131,000. Finally, Olympiad Research LP grew its position in Canada Goose by 18.2% during the fourth quarter. Olympiad Research LP now owns 16,543 shares of the company's stock worth $166,000 after buying an additional 2,549 shares in the last quarter. Institutional investors own 83.64% of the company's stock.

Canada Goose Price Performance

Shares of NYSE:GOOS traded down $0.08 during trading on Friday, hitting $8.16. 163,500 shares of the company were exchanged, compared to its average volume of 855,675. The company has a quick ratio of 1.14, a current ratio of 2.01 and a debt-to-equity ratio of 0.81. Canada Goose Holdings Inc. has a 1-year low of $6.73 and a 1-year high of $14.75. The company has a market capitalization of $789.45 million, a P/E ratio of 15.68, a price-to-earnings-growth ratio of 1.00 and a beta of 1.32. The business's 50 day moving average is $8.50 and its 200-day moving average is $9.55.

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

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on GOOS. Evercore ISI dropped their price objective on Canada Goose from $13.00 to $10.00 and set an "in-line" rating for the company in a report on Monday, February 10th. Wells Fargo & Company raised Canada Goose from an "underweight" rating to an "equal weight" rating in a research note on Wednesday. Finally, Barclays reiterated an "underweight" rating and set a $8.00 price objective (down from $10.00) on shares of Canada Goose in a research note on Monday, March 31st. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, Canada Goose has a consensus rating of "Hold" and an average price target of $10.20.

Canada Goose Profile

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.