DGS Capital Management LLC Acquires New Holdings in Canada Goose Holdings Inc. (NYSE:GOOS)

DGS Capital Management LLC bought a new stake in Canada Goose Holdings Inc. (NYSE:GOOS) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 10,485 shares of the company’s stock, valued at approximately $131,000.

A number of other large investors have also added to or reduced their stakes in the company. The Manufacturers Life Insurance Company grew its position in shares of Canada Goose by 42.9% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 5,554,279 shares of the company’s stock worth $69,595,000 after buying an additional 1,667,750 shares during the last quarter. Marshall Wace LLP boosted its stake in Canada Goose by 8.1% in the second quarter. Marshall Wace LLP now owns 1,087,414 shares of the company’s stock valued at $14,060,000 after acquiring an additional 81,090 shares in the last quarter. Pinnacle Associates Ltd. grew its holdings in Canada Goose by 0.6% in the third quarter. Pinnacle Associates Ltd. now owns 602,341 shares of the company’s stock worth $7,138,000 after purchasing an additional 3,338 shares during the last quarter. Armistice Capital LLC purchased a new position in Canada Goose in the second quarter worth $4,332,000. Finally, Raymond James & Associates increased its position in shares of Canada Goose by 55.1% during the third quarter. Raymond James & Associates now owns 333,064 shares of the company’s stock worth $4,173,000 after purchasing an additional 118,291 shares in the last quarter. 83.64% of the stock is currently owned by institutional investors.

Canada Goose Stock Down 0.8 %

Shares of GOOS stock opened at $9.92 on Friday. Canada Goose Holdings Inc. has a fifty-two week low of $9.23 and a fifty-two week high of $14.75. The firm has a market capitalization of $960.16 million, a PE ratio of 26.81, a P/E/G ratio of 0.61 and a beta of 1.34. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.71 and a current ratio of 1.85. The stock’s 50-day simple moving average is $10.09 and its 200-day simple moving average is $11.30.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Wells Fargo & Company cut Canada Goose from an “equal weight” rating to an “underweight” rating in a research report on Monday, October 14th. UBS Group dropped their price target 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. Finally, The Goldman Sachs Group cut their price objective on shares of Canada Goose from $9.00 to $8.00 and set a “sell” rating on the stock in a report on Tuesday, December 10th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, Canada Goose presently has a consensus rating of “Hold” and an average price target of $11.60.

Canada Goose Company 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.