Shell Asset Management Co. Sells 807 Shares of Canada Goose Holdings Inc. (NYSE:GOOS)

Shell Asset Management Co. lowered its holdings in shares of Canada Goose Holdings Inc. (NYSE:GOOSGet Rating) by 11.8% during the 2nd quarter, HoldingsChannel reports. The fund owned 6,050 shares of the company’s stock after selling 807 shares during the period. Shell Asset Management Co.’s holdings in Canada Goose were worth $109,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Walleye Capital LLC bought a new stake in Canada Goose during the second quarter worth about $234,000. Kistler Tiffany Companies LLC lifted its stake in shares of Canada Goose by 63.3% in the second quarter. Kistler Tiffany Companies LLC now owns 8,429 shares of the company’s stock worth $152,000 after buying an additional 3,267 shares in the last quarter. Landscape Capital Management L.L.C. bought a new position in shares of Canada Goose in the second quarter worth approximately $1,011,000. M&T Bank Corp lifted its stake in shares of Canada Goose by 25.2% in the second quarter. M&T Bank Corp now owns 27,050 shares of the company’s stock worth $558,000 after buying an additional 5,448 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Canada Goose in the second quarter worth approximately $1,457,000. Institutional investors own 44.18% of the company’s stock.

Analyst Upgrades and Downgrades

GOOS has been the topic of several analyst reports. Barclays upped their target price on shares of Canada Goose to $28.00 in a research note on Monday, August 15th. OTR Global upgraded shares of Canada Goose from a “negative” rating to a “mixed” rating in a research note on Friday, October 21st. The Goldman Sachs Group dropped their target price on shares of Canada Goose from $22.00 to $19.00 and set a “neutral” rating on the stock in a research note on Friday, November 4th. TD Securities decreased their price objective on shares of Canada Goose from C$54.00 to C$49.00 in a report on Wednesday, October 26th. Finally, Robert W. Baird decreased their price objective on shares of Canada Goose from $30.00 to $25.00 in a report on Thursday, November 3rd. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $32.10.

Canada Goose Stock Up 1.4 %

Shares of GOOS stock opened at $18.11 on Friday. Canada Goose Holdings Inc. has a 12 month low of $14.51 and a 12 month high of $52.07. The stock has a market cap of $1.91 billion, a P/E ratio of 29.69, a P/E/G ratio of 0.42 and a beta of 1.55. The company has a current ratio of 2.22, a quick ratio of 0.85 and a debt-to-equity ratio of 1.25. The company has a 50 day simple moving average of $17.14 and a two-hundred day simple moving average of $18.59.

Canada Goose (NYSE:GOOSGet Rating) last announced its earnings results on Wednesday, November 2nd. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.13. Canada Goose had a net margin of 7.37% and a return on equity of 29.25%. The business had revenue of $212.51 million during the quarter. On average, research analysts expect that Canada Goose Holdings Inc. will post 1.21 earnings per share for the current year.

About Canada Goose

(Get Rating)

Canada Goose Holdings Inc 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, Africa, and Latin America. The company operates through three segments: Direct-to-Consumer, Wholesale, and Other.

See Also

Want to see what other hedge funds are holding GOOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Canada Goose Holdings Inc. (NYSE:GOOSGet Rating).

Institutional Ownership by Quarter for Canada Goose (NYSE:GOOS)

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