Barclays PLC lowered its position in shares of Canada Goose Holdings Inc. (NYSE:GOOS – Free Report) by 90.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,626 shares of the company’s stock after selling 87,521 shares during the quarter. Barclays PLC’s holdings in Canada Goose were worth $96,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of the business. DGS Capital Management LLC raised its position in shares of Canada Goose by 75.0% during the 4th quarter. DGS Capital Management LLC now owns 18,348 shares of the company’s stock worth $184,000 after buying an additional 7,863 shares in the last quarter. Alberta Investment Management Corp purchased a new stake in Canada Goose in the 4th quarter worth approximately $748,000. Olympiad Research LP raised its stake in shares of Canada Goose by 18.2% during the 4th quarter. Olympiad Research LP now owns 16,543 shares of the company’s stock worth $166,000 after purchasing an additional 2,549 shares in the last quarter. NINE MASTS CAPITAL Ltd raised its holdings in shares of Canada Goose by 63.2% during the 4th quarter. NINE MASTS CAPITAL Ltd now owns 21,172 shares of the company’s stock valued at $212,000 after purchasing an additional 8,200 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its holdings 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 during the last quarter. 83.64% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the company. Barclays reiterated an “underweight” rating and set a $8.00 price target (down from $10.00) on shares of Canada Goose in a report on Monday, March 31st. Wells Fargo & Company upgraded Canada Goose from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, April 30th. Finally, Evercore ISI reduced their price target on 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. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, Canada Goose presently has an average rating of “Hold” and a consensus price target of $10.20.
Canada Goose Trading Down 1.0%
Shares of NYSE:GOOS opened at $9.10 on Thursday. The firm has a market cap of $880.93 million, a price-to-earnings ratio of 17.50, a PEG ratio of 1.00 and a beta of 1.26. 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 12 month low of $6.73 and a 12 month high of $14.75. The company’s fifty day simple moving average is $8.25 and its 200 day simple moving average is $9.43.
Canada Goose Company 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.
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