Susquehanna Portfolio Strategies LLC Sells 45,900 Shares of Canada Goose Holdings Inc. (NYSE:GOOS)

Susquehanna Portfolio Strategies LLC reduced its holdings in Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) by 77.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,700 shares of the company's stock after selling 45,900 shares during the quarter. Canada Goose accounts for about 0.5% of Susquehanna Portfolio Strategies LLC's investment portfolio, making the stock its 13th largest holding. Susquehanna Portfolio Strategies LLC's holdings in Canada Goose were worth $137,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Olympiad Research LP grew 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 valued at $166,000 after purchasing an additional 2,549 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Canada Goose by 16.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 24,112 shares of the company's stock valued at $242,000 after purchasing an additional 3,410 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in Canada Goose by 4,213.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,313 shares of the company's stock valued at $43,000 after purchasing an additional 4,213 shares in the last quarter. Deutsche Bank AG grew its stake in Canada Goose by 192.0% in the fourth quarter. Deutsche Bank AG now owns 7,998 shares of the company's stock valued at $80,000 after purchasing an additional 5,259 shares in the last quarter. Finally, DGS Capital Management LLC grew its stake in Canada Goose by 75.0% in the fourth quarter. DGS Capital Management LLC now owns 18,348 shares of the company's stock valued at $184,000 after purchasing an additional 7,863 shares in the last quarter. 83.64% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

GOOS has been the subject of a number of analyst reports. Barclays restated an "underweight" rating and issued a $8.00 price target (down from $10.00) on shares of Canada Goose in a research note on Monday, March 31st. Evercore ISI decreased their price target 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 Canada Goose from an "underweight" rating to an "equal weight" rating in a research 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 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 $9.50.

Canada Goose Stock Performance

GOOS opened at $9.10 on Friday. Canada Goose Holdings Inc. has a 12-month low of $6.73 and a 12-month high of $14.75. The stock has a market cap of $880.64 million, a price-to-earnings ratio of 17.49, a PEG ratio of 1.00 and a beta of 1.26. The business has a 50 day moving average of $8.25 and a 200-day moving average of $9.41. The company has a quick ratio of 1.14, a current ratio of 2.01 and a debt-to-equity ratio of 0.81.

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.

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