Tower Research Capital LLC TRC Trims Position in Canada Goose Holdings Inc. (NYSE:GOOS)

Tower Research Capital LLC TRC cut its holdings in shares of Canada Goose Holdings Inc. (NYSE:GOOS) by 77.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,592 shares of the company’s stock after selling 9,133 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Canada Goose were worth $26,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership purchased a new position in shares of Canada Goose during the 4th quarter valued at approximately $12,251,000. Alberta Investment Management Corp purchased a new position in shares of Canada Goose during the 4th quarter valued at approximately $748,000. Raymond James Financial Inc. purchased a new position in shares of Canada Goose during the 4th quarter valued at approximately $3,769,000. Pier Capital LLC increased its holdings in shares of Canada Goose by 118.0% during the 4th quarter. Pier Capital LLC now owns 357,849 shares of the company’s stock valued at $3,589,000 after purchasing an additional 193,708 shares in the last quarter. Finally, Aviso Financial Inc. increased its holdings in shares of Canada Goose by 4,136.6% during the 4th quarter. Aviso Financial Inc. now owns 90,028 shares of the company’s stock valued at $904,000 after purchasing an additional 87,903 shares in the last quarter. 83.64% of the stock is owned by hedge funds and other institutional investors.

Canada Goose Stock Up 0.2%

Shares of NYSE:GOOS opened at $9.10 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.01 and a quick ratio of 1.14. The firm has a market capitalization of $880.64 million, a PE ratio of 17.49, a price-to-earnings-growth ratio of 1.00 and a beta of 1.26. The firm’s 50-day moving average is $8.25 and its two-hundred day 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.

Analyst Upgrades and Downgrades

GOOS has been the subject of several recent research reports. Evercore ISI cut their target price on shares of Canada Goose from $13.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. Barclays reissued an “underweight” rating and issued a $8.00 price target (down previously from $10.00) on shares of Canada Goose in a research note on Monday, March 31st. Finally, Wells Fargo & Company raised shares of Canada Goose from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, April 30th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, Canada Goose presently has a consensus rating of “Hold” and a consensus target price of $10.20.

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.