Canada Goose Holdings Inc. (NYSE:GOOS) Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp reduced its position in Canada Goose Holdings Inc. (NYSE:GOOS) by 10.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 370,762 shares of the company’s stock after selling 42,887 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Canada Goose were worth $3,719,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in GOOS. Alberta Investment Management Corp purchased a new stake in shares of Canada Goose in the fourth quarter valued at approximately $748,000. Raymond James Financial Inc. acquired a new stake in Canada Goose in the 4th quarter valued at $3,769,000. Pier Capital LLC increased its holdings in Canada Goose by 118.0% in the 4th quarter. Pier Capital LLC now owns 357,849 shares of the company’s stock worth $3,589,000 after acquiring an additional 193,708 shares in the last quarter. Aviso Financial Inc. raised its position in Canada Goose by 4,136.6% during the fourth quarter. Aviso Financial Inc. now owns 90,028 shares of the company’s stock worth $904,000 after acquiring an additional 87,903 shares during the period. Finally, Verition Fund Management LLC purchased a new position in Canada Goose during the third quarter valued at $708,000. 83.64% of the stock is owned by hedge funds and other institutional investors.

Canada Goose Stock Down 3.5 %

Shares of NYSE GOOS opened at $7.96 on Tuesday. The stock has a market cap of $770.09 million, a PE ratio of 15.30, a P/E/G ratio of 1.00 and a beta of 1.35. The company has a current ratio of 2.01, a quick ratio of 1.14 and a debt-to-equity ratio of 0.81. Canada Goose Holdings Inc. has a 12-month low of $7.51 and a 12-month high of $14.75. The company has a 50-day moving average of $9.81 and a 200 day moving average of $10.13.

Canada Goose (NYSE:GOOS) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.10 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.10. Canada Goose had a return on equity of 22.49% and a net margin of 5.47%. As a group, sell-side analysts predict that Canada Goose Holdings Inc. will post 0.7 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently commented on GOOS shares. Evercore ISI cut their target price on shares of Canada Goose from $13.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday, February 10th. Barclays reiterated an “underweight” rating and set a $8.00 price objective (down from $10.00) on shares of Canada Goose in a research note on Monday. Finally, The Goldman Sachs Group decreased their target price on Canada Goose from $9.00 to $8.00 and set a “sell” rating on the stock in a research report on Tuesday, December 10th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $10.20.

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.