Canada Goose Holdings Inc. (NYSE:GOOS) Shares Sold by Squarepoint Ops LLC

Squarepoint Ops LLC lowered its stake in Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) by 73.2% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 18,951 shares of the company's stock after selling 51,679 shares during the quarter. Squarepoint Ops LLC's holdings in Canada Goose were worth $245,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cubist Systematic Strategies LLC acquired a new stake in shares of Canada Goose during the 2nd quarter worth about $338,000. Marshall Wace LLP boosted its position in Canada Goose by 8.1% during the second quarter. Marshall Wace LLP now owns 1,087,414 shares of the company's stock worth $14,060,000 after acquiring an additional 81,090 shares during the last quarter. American Century Companies Inc. boosted its position in Canada Goose by 94.3% during the second quarter. American Century Companies Inc. now owns 27,403 shares of the company's stock worth $354,000 after acquiring an additional 13,300 shares during the last quarter. TD Asset Management Inc grew its stake in Canada Goose by 15.5% in the 2nd quarter. TD Asset Management Inc now owns 147,452 shares of the company's stock worth $1,906,000 after acquiring an additional 19,761 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Canada Goose by 17.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,725 shares of the company's stock valued at $177,000 after acquiring an additional 2,002 shares during the last quarter. Hedge funds and other institutional investors own 83.64% of the company's stock.

Canada Goose Trading Up 2.8 %

GOOS traded up $0.32 on Friday, reaching $11.85. 856,198 shares of the company's stock were exchanged, compared to its average volume of 917,830. Canada Goose Holdings Inc. has a twelve month low of $9.80 and a twelve month high of $14.75. The company's 50 day moving average is $11.14 and its 200-day moving average is $11.92. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.63 and a current ratio of 2.14. The company has a market cap of $1.14 billion, a price-to-earnings ratio of 32.03, a PEG ratio of 0.64 and a beta of 1.32.

Canada Goose (NYSE:GOOS - Get Free Report) last announced its quarterly earnings results on Thursday, August 1st. The company reported ($0.58) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.60) by $0.02. The firm had revenue of $64.39 million during the quarter, compared to the consensus estimate of $63.47 million. Canada Goose had a return on equity of 25.63% and a net margin of 4.66%. Equities analysts predict that Canada Goose Holdings Inc. will post 0.84 earnings per share for the current year.

Wall Street Analyst Weigh In

GOOS has been the topic of several analyst reports. Barclays decreased their price objective on Canada Goose from $13.00 to $12.00 and set an "equal weight" rating on the stock in a report on Friday, August 2nd. UBS Group lowered their price target on Canada Goose from $14.00 to $13.00 and set a "neutral" rating for the company in a report on Friday, August 2nd. Raymond James lowered shares of Canada Goose from an "outperform" rating to a "market perform" rating in a report on Tuesday, July 23rd. Finally, Wedbush started coverage on shares of Canada Goose in a report on Friday, July 19th. They issued an "outperform" rating for the company. Eight analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $14.07.

About Canada Goose

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.