Claro Advisors LLC Cuts Stock Position in Canada Goose Holdings Inc. (NYSE:GOOS)

Claro Advisors LLC cut its stake in shares of Canada Goose Holdings Inc. (NYSE:GOOS) by 28.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,642 shares of the company’s stock after selling 4,211 shares during the quarter. Claro Advisors LLC’s holdings in Canada Goose were worth $107,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. BNP Paribas Financial Markets increased its position in Canada Goose by 193.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,164 shares of the company’s stock worth $40,000 after purchasing an additional 2,087 shares during the period. DGS Capital Management LLC purchased a new stake in shares of Canada Goose in the third quarter valued at approximately $131,000. Olympiad Research LP acquired a new position in Canada Goose during the third quarter worth $175,000. Public Employees Retirement System of Ohio purchased a new position in Canada Goose in the third quarter worth $189,000. Finally, MML Investors Services LLC acquired a new stake in Canada Goose in the third quarter valued at $200,000. 83.64% of the stock is currently owned by hedge funds and other institutional investors.

Canada Goose Stock Performance

Shares of GOOS opened at $10.12 on Thursday. Canada Goose Holdings Inc. has a 12-month low of $9.23 and a 12-month high of $14.75. The stock has a market cap of $979.57 million, a P/E ratio of 27.35, a PEG ratio of 0.61 and a beta of 1.32. The company has a current ratio of 1.85, a quick ratio of 0.71 and a debt-to-equity ratio of 1.21. The company has a 50-day moving average of $9.80 and a two-hundred day moving average of $10.73.

Analyst Upgrades and Downgrades

GOOS has been the topic of a number of recent analyst reports. The Goldman Sachs Group lowered their price target on shares of Canada Goose from $9.00 to $8.00 and set a “sell” rating on the stock in a research note on Tuesday, December 10th. Wells Fargo & Company lowered shares of Canada Goose from an “equal weight” rating to an “underweight” rating in a research report on Monday, October 14th. Finally, UBS Group reduced 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. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus 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.