Canada Goose Holdings Inc. (NYSE:GOOS) Holdings Decreased by Ergoteles LLC

Ergoteles LLC decreased its holdings in shares of Canada Goose Holdings Inc. (NYSE:GOOS – Get Rating) by 56.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,841 shares of the company’s stock after selling 13,805 shares during the quarter. Ergoteles LLC’s holdings in Canada Goose were worth $165,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. The Manufacturers Life Insurance Company grew its stake in Canada Goose by 203.0% in the first quarter. The Manufacturers Life Insurance Company now owns 3,179,953 shares of the company’s stock valued at $83,715,000 after purchasing an additional 2,130,452 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Canada Goose by 135.6% in the 2nd quarter. Goldman Sachs Group Inc. now owns 1,930,284 shares of the company’s stock worth $34,764,000 after buying an additional 1,111,105 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Canada Goose by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 1,626,615 shares of the company’s stock worth $42,828,000 after buying an additional 20,326 shares in the last quarter. Wasatch Advisors Inc. bought a new stake in Canada Goose during the 1st quarter worth approximately $25,797,000. Finally, Dimensional Fund Advisors LP grew its position in Canada Goose by 18.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 505,440 shares of the company’s stock worth $7,703,000 after acquiring an additional 80,331 shares during the last quarter. Hedge funds and other institutional investors own 42.79% of the company’s stock.

Canada Goose Stock Down 1.8 %

Shares of NYSE GOOS opened at $18.82 on Wednesday. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.20 and a quick ratio of 1.15. Canada Goose Holdings Inc. has a one year low of $14.51 and a one year high of $28.53. The stock has a market capitalization of $1.97 billion, a PE ratio of 43.77, a P/E/G ratio of 0.66 and a beta of 1.61. The business’s fifty day moving average price is $20.24 and its 200-day moving average price is $18.56.

Wall Street Analyst Weigh In

GOOS has been the topic of a number of research analyst reports. Cowen decreased their price target on Canada Goose from $26.00 to $22.00 and set an “outperform” rating on the stock in a research report on Friday, February 3rd. Robert W. Baird downgraded Canada Goose from an “outperform” rating to a “neutral” rating in a research note on Tuesday, January 24th. Credit Suisse Group raised their price objective on Canada Goose from C$30.00 to C$36.00 in a research note on Wednesday, February 8th. Finally, Barclays raised their price objective on Canada Goose from $20.00 to $21.00 and gave the stock an “overweight” rating in a research note on Monday, February 6th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $28.89.

Canada Goose Company Profile

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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.