Landscape Capital Management L.L.C. lowered its position in Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) by 38.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,750 shares of the company's stock after selling 67,670 shares during the quarter. Landscape Capital Management L.L.C. owned approximately 0.11% of Canada Goose worth $1,350,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also bought and sold shares of the company. BNP Paribas Financial Markets boosted its holdings in shares of Canada Goose by 2,048.6% during the first quarter. BNP Paribas Financial Markets now owns 20,927 shares of the company's stock worth $252,000 after purchasing an additional 19,953 shares during the period. Russell Investments Group Ltd. grew its position in shares of Canada Goose by 59.3% in the 1st quarter. Russell Investments Group Ltd. now owns 52,639 shares of the company's stock worth $635,000 after buying an additional 19,586 shares during the last quarter. Silvercrest Asset Management Group LLC increased its stake in shares of Canada Goose by 0.5% during the first quarter. Silvercrest Asset Management Group LLC now owns 605,050 shares of the company's stock valued at $7,297,000 after buying an additional 2,752 shares during the period. Strategic Wealth Partners Ltd. raised its holdings in shares of Canada Goose by 10.0% during the first quarter. Strategic Wealth Partners Ltd. now owns 71,126 shares of the company's stock valued at $858,000 after acquiring an additional 6,442 shares in the last quarter. Finally, Raymond James & Associates lifted its stake in Canada Goose by 14.4% in the second quarter. Raymond James & Associates now owns 214,773 shares of the company's stock worth $2,777,000 after acquiring an additional 27,029 shares during the period. Hedge funds and other institutional investors own 83.64% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the company. Barclays lowered their price objective on Canada Goose from $13.00 to $12.00 and set an "equal weight" rating on the stock in a research report on Friday, August 2nd. The Goldman Sachs Group reaffirmed a "sell" rating and set a $9.00 price objective (down from $11.50) on shares of Canada Goose in a research report on Monday, October 21st. UBS Group decreased their target price on Canada Goose from $13.00 to $12.00 and set a "neutral" rating for the company in a research report on Tuesday, October 22nd. Finally, Wells Fargo & Company downgraded shares of Canada Goose from an "equal weight" rating to an "underweight" rating in a report on Monday, October 14th. Two analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, Canada Goose currently has an average rating of "Hold" and a consensus price target of $11.80.
Check Out Our Latest Stock Analysis on GOOS
Canada Goose Trading Down 1.4 %
Shares of NYSE GOOS traded down $0.13 during mid-day trading on Friday, reaching $9.37. 929,810 shares of the company's stock were exchanged, compared to its average volume of 925,523. The company's 50-day moving average is $10.60 and its 200-day moving average is $11.62. Canada Goose Holdings Inc. has a 52-week low of $9.23 and a 52-week high of $14.75. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.71 and a current ratio of 1.85. The firm has a market capitalization of $906.49 million, a price-to-earnings ratio of 25.31, a PEG ratio of 0.57 and a beta of 1.35.
Canada Goose Company Profile
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Free Report)
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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