13,994 Shares in Canada Goose Holdings Inc. (NYSE:GOOS) Bought by Olympiad Research LP

Olympiad Research LP purchased a new stake in shares of Canada Goose Holdings Inc. (NYSE:GOOS) in the third quarter, HoldingsChannel.com reports. The firm purchased 13,994 shares of the company’s stock, valued at approximately $175,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GOOS. Marshall Wace LLP lifted its stake in shares of Canada Goose by 8.1% in the 2nd quarter. Marshall Wace LLP now owns 1,087,414 shares of the company’s stock valued at $14,060,000 after purchasing an additional 81,090 shares in the last quarter. Silvercrest Asset Management Group LLC increased its position in Canada Goose by 0.5% during the 1st quarter. Silvercrest Asset Management Group LLC now owns 605,050 shares of the company’s stock worth $7,297,000 after purchasing an additional 2,752 shares in the last quarter. Pinnacle Associates Ltd. raised 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 valued at $7,138,000 after buying an additional 3,338 shares during the period. Armistice Capital LLC acquired a new position in Canada Goose during the second quarter valued at approximately $4,332,000. Finally, Raymond James & Associates grew its stake in 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 buying an additional 118,291 shares during the period. 83.64% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently commented on GOOS. Wells Fargo & Company downgraded shares of Canada Goose from an “equal weight” rating to an “underweight” rating in a research note on Monday, October 14th. Raymond James cut Canada Goose from an “outperform” rating to a “market perform” rating in a research note on Tuesday, July 23rd. The Goldman Sachs Group reiterated a “sell” rating and issued a $9.00 target price (down previously from $11.50) on shares of Canada Goose in a research note on Monday, October 21st. Barclays reduced their price target on Canada Goose from $13.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Friday, August 2nd. Finally, UBS Group lowered their price objective on shares of Canada Goose from $13.00 to $12.00 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd. Two analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $11.80.

Canada Goose Stock Performance

Shares of GOOS opened at $9.72 on Friday. The firm has a market cap of $940.22 million, a price-to-earnings ratio of 27.00, a PEG ratio of 0.53 and a beta of 1.35. The company has a quick ratio of 0.63, a current ratio of 2.14 and a debt-to-equity ratio of 1.25. The business’s 50 day moving average is $10.86 and its two-hundred day moving average is $11.75. Canada Goose Holdings Inc. has a 52-week low of $9.32 and a 52-week high of $14.75.

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.