SG Americas Securities LLC Has $380,000 Position in Canada Goose Holdings Inc. (NYSE:GOOS)

SG Americas Securities LLC cut its holdings in Canada Goose Holdings Inc. (NYSE:GOOS) by 20.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 29,353 shares of the company’s stock after selling 7,574 shares during the quarter. SG Americas Securities LLC’s holdings in Canada Goose were worth $380,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Claro Advisors LLC bought a new position in Canada Goose in the first quarter valued at approximately $210,000. BNP Paribas Financial Markets increased its position 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 acquiring an additional 19,953 shares in the last quarter. Aigen Investment Management LP raised its holdings in shares of Canada Goose by 103.3% during the fourth quarter. Aigen Investment Management LP now owns 23,033 shares of the company’s stock worth $274,000 after acquiring an additional 11,703 shares during the period. Shaker Investments LLC OH lifted its position in Canada Goose by 120.5% in the 1st quarter. Shaker Investments LLC OH now owns 43,980 shares of the company’s stock valued at $530,000 after acquiring an additional 24,031 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in 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 purchasing an additional 19,586 shares during the period. 83.64% of the stock is currently owned by institutional investors and hedge funds.

Canada Goose Stock Performance

NYSE GOOS opened at $11.54 on Thursday. The firm has a market capitalization of $1.11 billion, a P/E ratio of 31.19, a price-to-earnings-growth ratio of 0.66 and a beta of 1.35. The company has a current ratio of 2.39, a quick ratio of 0.95 and a debt-to-equity ratio of 0.92. The firm’s fifty day moving average price is $12.02 and its two-hundred day moving average price is $12.32. Canada Goose Holdings Inc. has a 1 year low of $9.80 and a 1 year high of $16.56.

Analyst Ratings Changes

Several analysts have issued reports on GOOS shares. Evercore lifted their price target on Canada Goose from $12.00 to $13.00 and gave the company an “in-line” rating in a research note on Friday, May 17th. Wedbush initiated coverage on Canada Goose in a research note on Friday, July 19th. They issued an “outperform” rating on the stock. Raymond James cut shares of Canada Goose from an “outperform” rating to a “market perform” rating in a research note on Tuesday, July 23rd. UBS Group cut their price objective on shares of Canada Goose from $14.00 to $13.00 and set a “neutral” rating on the stock in a research report on Friday, August 2nd. Finally, The Goldman Sachs Group raised their target price on shares of Canada Goose from $11.00 to $12.50 and gave the company a “neutral” rating in a research report on Friday, May 17th. Eight investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $14.07.

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.