Quantbot Technologies LP Boosts Stock Holdings in Canada Goose Holdings Inc. $GOOS

Quantbot Technologies LP lifted its holdings in shares of Canada Goose Holdings Inc. (NYSE:GOOS) by 3,669,350.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,389 shares of the company’s stock after buying an additional 73,387 shares during the quarter. Quantbot Technologies LP owned about 0.08% of Canada Goose worth $1,012,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of GOOS. US Bancorp DE bought a new stake in Canada Goose during the 3rd quarter valued at $83,000. Plato Investment Management Ltd bought a new position in shares of Canada Goose in the third quarter worth $88,000. Ameriprise Financial Inc. purchased a new position in shares of Canada Goose in the second quarter valued at $139,000. Lazard Asset Management LLC bought a new stake in shares of Canada Goose during the 2nd quarter valued at $158,000. Finally, Invesco Ltd. raised its stake in shares of Canada Goose by 7.2% during the 2nd quarter. Invesco Ltd. now owns 15,124 shares of the company’s stock valued at $169,000 after purchasing an additional 1,012 shares during the period. 83.64% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on the company. Zacks Research downgraded Canada Goose from a “hold” rating to a “strong sell” rating in a research note on Friday, January 30th. Barclays cut Canada Goose from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $12.00 to $10.00 in a research report on Friday, February 6th. Robert W. Baird downgraded shares of Canada Goose from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 5th. Evercore raised their price objective on shares of Canada Goose from $11.00 to $12.00 and gave the company an “in-line” rating in a research report on Friday, November 7th. Finally, UBS Group boosted their price objective on shares of Canada Goose from $12.00 to $14.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $15.17.

Canada Goose Stock Performance

NYSE:GOOS opened at $11.22 on Friday. The stock has a market cap of $1.09 billion, a P/E ratio of 86.31 and a beta of 1.72. The company has a quick ratio of 1.28, a current ratio of 2.12 and a debt-to-equity ratio of 0.69. The business’s 50-day moving average price is $12.53 and its two-hundred day moving average price is $13.05. Canada Goose Holdings Inc. has a twelve month low of $6.73 and a twelve month high of $15.43.

Canada Goose Company Profile

Canada Goose Holdings Inc, traded on the NYSE under the symbol GOOS, is a Canadian design and manufacturing company specializing in premium outerwear. The firm is best known for its down-filled jackets and parkas, engineered to deliver high performance in extreme cold weather. Over time, Canada Goose has expanded its product range to include knitwear, fleece, footwear, and accessories, all designed with an emphasis on technical innovation, quality craftsmanship, and functional style.

Founded in 1957 as Metro Sportswear Ltd.