DGS Capital Management LLC Purchases Shares of 10,485 Canada Goose Holdings Inc. (NYSE:GOOS)

DGS Capital Management LLC acquired a new stake in shares of Canada Goose Holdings Inc. (NYSE:GOOS) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,485 shares of the company’s stock, valued at approximately $131,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. The Manufacturers Life Insurance Company raised its position in Canada Goose by 42.9% during the third quarter. The Manufacturers Life Insurance Company now owns 5,554,279 shares of the company’s stock valued at $69,595,000 after acquiring an additional 1,667,750 shares in the last quarter. Armistice Capital LLC acquired a new stake in shares of Canada Goose during the 2nd quarter worth approximately $4,332,000. Pier Capital LLC acquired a new stake in shares of Canada Goose during the 3rd quarter worth approximately $2,057,000. Raymond James & Associates increased its holdings in shares of Canada Goose by 55.1% during the 3rd 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. Finally, 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 during the period. Institutional investors and hedge funds own 83.64% of the company’s stock.

Canada Goose Stock Performance

GOOS opened at $9.92 on Friday. The company has a market cap of $960.16 million, a price-to-earnings ratio of 26.81, a PEG ratio of 0.61 and a beta of 1.34. The firm’s fifty day simple moving average is $10.09 and its two-hundred day simple moving average is $11.30. The company has a quick ratio of 0.71, a current ratio of 1.85 and a debt-to-equity ratio of 1.21. Canada Goose Holdings Inc. has a 52-week low of $9.23 and a 52-week high of $14.75.

Wall Street Analyst Weigh In

Several analysts recently commented on GOOS shares. UBS Group dropped their price target on shares of Canada Goose from $13.00 to $12.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 22nd. The Goldman Sachs Group lowered their target price 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. Finally, Wells Fargo & Company lowered Canada Goose from an “equal weight” rating to an “underweight” rating in a research note on Monday, October 14th. Two analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target 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.