XTX Topco Ltd Purchases New Position in Canada Goose Holdings Inc. (NYSE:GOOS)

XTX Topco Ltd acquired a new position in Canada Goose Holdings Inc. (NYSE:GOOS) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 20,882 shares of the company’s stock, valued at approximately $262,000.

Other large investors have also recently made changes to their positions in the company. The Manufacturers Life Insurance Company raised its stake in Canada Goose by 42.9% in the third 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 in the last quarter. Marshall Wace LLP grew its holdings in shares of Canada Goose by 8.1% during the 2nd quarter. Marshall Wace LLP now owns 1,087,414 shares of the company’s stock worth $14,060,000 after acquiring an additional 81,090 shares during the period. Pinnacle Associates Ltd. raised its position in shares of Canada Goose by 0.6% in the 3rd quarter. Pinnacle Associates Ltd. now owns 602,341 shares of the company’s stock worth $7,138,000 after acquiring an additional 3,338 shares in the last quarter. Armistice Capital LLC purchased a new position in shares of Canada Goose in the 2nd quarter valued at approximately $4,332,000. Finally, Raymond James & Associates boosted 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 valued at $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 2.7 %

Shares of Canada Goose stock opened at $9.83 on Thursday. The company has a 50-day simple moving average of $9.97 and a two-hundred day simple moving average of $11.21. The stock has a market capitalization of $951.49 million, a PE ratio of 26.57, a price-to-earnings-growth ratio of 0.61 and a beta of 1.34. Canada Goose Holdings Inc. has a 52-week low of $9.23 and a 52-week high of $14.75. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.71 and a current ratio of 1.85.

Analyst Upgrades and Downgrades

GOOS has been the subject of a number of research reports. The Goldman Sachs Group decreased their price objective on Canada Goose from $9.00 to $8.00 and set a “sell” rating for the company in a report on Tuesday, December 10th. UBS Group lowered their price target 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. Finally, Wells Fargo & Company cut shares of Canada Goose from an “equal weight” rating to an “underweight” rating in a report on Monday, October 14th. Two 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’s stock. Based on data from MarketBeat.com, Canada Goose currently has a consensus rating of “Hold” and an average target price of $11.60.

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.