Shell Asset Management Co. Sells 1,106 Shares of Canada Goose Holdings Inc. (NYSE:GOOS)

Shell Asset Management Co. trimmed its stake in Canada Goose Holdings Inc. (NYSE:GOOS – Get Rating) by 18.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,944 shares of the company’s stock after selling 1,106 shares during the period. Shell Asset Management Co.’s holdings in Canada Goose were worth $76,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. grew its position in Canada Goose by 77.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,792 shares of the company’s stock valued at $50,000 after acquiring an additional 1,217 shares during the last quarter. Kistler Tiffany Companies LLC grew its position in Canada Goose by 18.3% during the third quarter. Kistler Tiffany Companies LLC now owns 9,970 shares of the company’s stock valued at $152,000 after acquiring an additional 1,541 shares during the last quarter. BlackRock Inc. grew its position in Canada Goose by 0.5% during the first quarter. BlackRock Inc. now owns 465,058 shares of the company’s stock valued at $12,244,000 after acquiring an additional 2,086 shares during the last quarter. State Street Corp grew its position in Canada Goose by 8.1% during the first quarter. State Street Corp now owns 34,360 shares of the company’s stock valued at $905,000 after acquiring an additional 2,574 shares during the last quarter. Finally, Toronto Dominion Bank grew its holdings in shares of Canada Goose by 8.1% in the third quarter. Toronto Dominion Bank now owns 37,402 shares of the company’s stock worth $570,000 after purchasing an additional 2,807 shares during the last quarter. 42.79% of the stock is currently owned by institutional investors.

Canada Goose Stock Performance

Shares of GOOS stock opened at $19.41 on Friday. The stock has a fifty day moving average of $20.17 and a 200 day moving average of $18.62. Canada Goose Holdings Inc. has a 52 week low of $14.51 and a 52 week high of $28.53. The firm has a market capitalization of $2.03 billion, a price-to-earnings ratio of 45.14, a PEG ratio of 0.64 and a beta of 1.61. The company has a quick ratio of 1.15, a current ratio of 2.20 and a debt-to-equity ratio of 0.79.

Analysts Set New Price Targets

GOOS has been the topic of several recent analyst reports. Cowen cut their target price on shares of Canada Goose from $26.00 to $22.00 and set an “outperform” rating on the stock in a report on Friday, February 3rd. The Goldman Sachs Group cut their target price on shares of Canada Goose from $22.00 to $19.00 and set a “neutral” rating on the stock in a report on Friday, November 4th. Credit Suisse Group raised their target price on shares of Canada Goose from C$30.00 to C$36.00 in a report on Wednesday, February 8th. Barclays raised their target price on shares of Canada Goose from $20.00 to $21.00 and gave the stock an “overweight” rating in a report on Monday, February 6th. Finally, Robert W. Baird cut shares of Canada Goose from an “outperform” rating to a “neutral” rating in a report on Tuesday, January 24th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Canada Goose has an average rating of “Moderate Buy” and an average price target of $28.89.

About Canada Goose

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Canada Goose Holdings, Inc engages in the design, manufacture, distribution, and retail of outerwear for men, women, and children. It operates through the following segments: Direct-to-Consumer, Wholesale, and Other. The Direct-to-Consumer segment comprises of sales through country-specific e-Commerce platforms and its company-owned retail stores located in luxury shopping locations.