Canada Goose Holdings Inc. (NYSE:GOOS) Stock Holdings Decreased by SCP Investment LP

SCP Investment LP decreased its holdings in Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) by 28.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 465,000 shares of the company's stock after selling 185,000 shares during the quarter. Canada Goose makes up about 4.2% of SCP Investment LP's investment portfolio, making the stock its 6th largest position. SCP Investment LP owned approximately 0.48% of Canada Goose worth $5,826,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of GOOS. Olympiad Research LP acquired a new position in Canada Goose during the third quarter worth approximately $175,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Canada Goose by 17.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,725 shares of the company's stock valued at $177,000 after purchasing an additional 2,002 shares during the period. BNP Paribas Financial Markets grew its holdings in Canada Goose by 2,048.6% during the 1st quarter. BNP Paribas Financial Markets now owns 20,927 shares of the company's stock worth $252,000 after acquiring an additional 19,953 shares during the period. GAM Holding AG grew its stake in shares of Canada Goose by 50.9% in the 2nd quarter. GAM Holding AG now owns 25,000 shares of the company's stock valued at $323,000 after buying an additional 8,430 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Canada Goose in the 2nd quarter valued at about $338,000. Institutional investors own 83.64% of the company's stock.

Wall Street Analysts Forecast Growth

GOOS has been the subject of a number of analyst reports. The Goldman Sachs Group reiterated a "sell" rating and set a $9.00 price target (down previously from $11.50) on shares of Canada Goose in a research note on Monday, October 21st. Raymond James cut shares of Canada Goose from an "outperform" rating to a "market perform" rating in a report on Tuesday, July 23rd. UBS Group reduced their target price on Canada Goose from $13.00 to $12.00 and set a "neutral" rating on the stock in a research note on Tuesday, October 22nd. Wells Fargo & Company lowered shares of Canada Goose from an "equal weight" rating to an "underweight" rating in a research report on Monday, October 14th. Finally, Barclays decreased their price target on shares of Canada Goose from $13.00 to $12.00 and set an "equal weight" rating for the company in a research note on Friday, August 2nd. 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $11.80.

Canada Goose Stock Performance

GOOS stock traded up $0.01 on Wednesday, hitting $9.33. The company had a trading volume of 838,131 shares, compared to its average volume of 926,413. Canada Goose Holdings Inc. has a 12-month low of $9.23 and a 12-month high of $14.75. The company has a current ratio of 1.85, a quick ratio of 0.71 and a debt-to-equity ratio of 1.21. The stock's 50-day simple moving average is $10.66 and its 200 day simple moving average is $11.67. The stock has a market cap of $903.05 million, a price-to-earnings ratio of 25.19, a P/E/G ratio of 0.57 and a beta of 1.35.

Canada Goose 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.