Bessemer Group Inc. Cuts Stake in Canada Goose Holdings Inc. (NYSE:GOOS)

Bessemer Group Inc. decreased its holdings in Canada Goose Holdings Inc. (NYSE:GOOSFree Report) by 8.5% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 50,608 shares of the company’s stock after selling 4,710 shares during the period. Bessemer Group Inc.’s holdings in Canada Goose were worth $972,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Money Concepts Capital Corp boosted its stake in shares of Canada Goose by 2.1% in the 1st quarter. Money Concepts Capital Corp now owns 33,126 shares of the company’s stock valued at $637,000 after purchasing an additional 681 shares in the last quarter. Raymond James & Associates boosted its position in Canada Goose by 1.0% during the 4th quarter. Raymond James & Associates now owns 73,722 shares of the company’s stock valued at $1,313,000 after buying an additional 720 shares during the period. State Street Corp boosted its position in Canada Goose by 2.2% during the 3rd quarter. State Street Corp now owns 35,472 shares of the company’s stock valued at $541,000 after buying an additional 774 shares during the period. Clear Street Markets LLC purchased a new stake in Canada Goose during the 4th quarter valued at $31,000. Finally, BlackRock Inc. boosted its position in Canada Goose by 0.5% during the 1st quarter. BlackRock Inc. now owns 465,058 shares of the company’s stock valued at $12,244,000 after buying an additional 2,086 shares during the period. Hedge funds and other institutional investors own 55.73% of the company’s stock.

Canada Goose Stock Up 1.4 %

Shares of NYSE GOOS opened at $15.58 on Tuesday. The company has a current ratio of 2.15, a quick ratio of 0.56 and a debt-to-equity ratio of 0.99. Canada Goose Holdings Inc. has a 12 month low of $14.51 and a 12 month high of $24.73. The firm has a market capitalization of $1.60 billion, a PE ratio of 43.28, a price-to-earnings-growth ratio of 0.67 and a beta of 1.66. The firm has a fifty day simple moving average of $17.02 and a two-hundred day simple moving average of $18.03.

Wall Street Analyst Weigh In

GOOS has been the subject of several analyst reports. Bank of America dropped their price target on shares of Canada Goose from $17.00 to $14.80 in a research report on Thursday, May 18th. Barclays dropped their price target on shares of Canada Goose from $20.00 to $18.00 and set an “equal weight” rating for the company in a research report on Friday, August 4th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $25.48.

Get Our Latest Stock Report on Canada Goose

Canada Goose Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Canada Goose (NYSE:GOOS)

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