Canada Goose Holdings Inc. (NYSE:GOOS) Shares Sold by Barclays PLC

Barclays PLC reduced its position in shares of Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) by 90.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,626 shares of the company's stock after selling 87,521 shares during the period. Barclays PLC's holdings in Canada Goose were worth $96,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. DGS Capital Management LLC boosted its holdings in shares of Canada Goose by 75.0% during the fourth quarter. DGS Capital Management LLC now owns 18,348 shares of the company's stock worth $184,000 after purchasing an additional 7,863 shares during the period. Alberta Investment Management Corp purchased a new stake in Canada Goose in the 4th quarter worth approximately $748,000. Olympiad Research LP lifted its stake in Canada Goose by 18.2% in the fourth quarter. Olympiad Research LP now owns 16,543 shares of the company's stock worth $166,000 after acquiring an additional 2,549 shares during the period. NINE MASTS CAPITAL Ltd lifted its stake in Canada Goose by 63.2% in the fourth quarter. NINE MASTS CAPITAL Ltd now owns 21,172 shares of the company's stock worth $212,000 after acquiring an additional 8,200 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its position in Canada Goose by 4,213.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,313 shares of the company's stock valued at $43,000 after buying an additional 4,213 shares during the period. Hedge funds and other institutional investors own 83.64% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on GOOS. Barclays reiterated an "underweight" rating and set a $8.00 target price (down from $10.00) on shares of Canada Goose in a report on Monday, March 31st. Evercore ISI reduced their price objective on Canada Goose from $13.00 to $10.00 and set an "in-line" rating for the company in a research note on Monday, February 10th. Finally, Wells Fargo & Company raised shares of Canada Goose from an "underweight" rating to an "equal weight" rating in a report on Wednesday, April 30th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, Canada Goose currently has a consensus rating of "Hold" and a consensus target price of $9.50.

Canada Goose Stock Down 0.0%

Canada Goose stock traded down $0.00 during midday trading on Tuesday, reaching $8.99. The company's stock had a trading volume of 68,411 shares, compared to its average volume of 825,719. The stock's 50-day simple moving average is $8.25 and its 200-day simple moving average is $9.40. The stock has a market capitalization of $870.09 million, a P/E ratio of 17.24, a PEG ratio of 1.00 and a beta of 1.26. Canada Goose Holdings Inc. has a 52-week low of $6.73 and a 52-week high of $14.75. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.01 and a quick ratio of 1.14.

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.