MML Investors Services LLC Makes New $200,000 Investment in Canada Goose Holdings Inc. (NYSE:GOOS)

MML Investors Services LLC purchased a new stake in Canada Goose Holdings Inc. (NYSE:GOOS) in the 3rd quarter, HoldingsChannel reports. The fund purchased 15,928 shares of the company’s stock, valued at approximately $200,000.

Other institutional investors have also recently made changes to their positions in the company. Raymond James & Associates raised its holdings in shares of Canada Goose by 14.4% in the second quarter. Raymond James & Associates now owns 214,773 shares of the company’s stock valued at $2,777,000 after purchasing an additional 27,029 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Canada Goose by 17.1% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,725 shares of the company’s stock valued at $177,000 after buying an additional 2,002 shares during the period. TD Asset Management Inc increased its holdings in Canada Goose by 15.5% during the second quarter. TD Asset Management Inc now owns 147,452 shares of the company’s stock worth $1,906,000 after buying an additional 19,761 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Canada Goose by 94.3% in the second quarter. American Century Companies Inc. now owns 27,403 shares of the company’s stock valued at $354,000 after buying an additional 13,300 shares during the period. Finally, Marshall Wace LLP raised its position in shares of Canada Goose by 8.1% in the second 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

Shares of NYSE GOOS opened at $10.11 on Friday. Canada Goose Holdings Inc. has a 52-week low of $9.23 and a 52-week high of $14.75. The company has a quick ratio of 0.71, a current ratio of 1.85 and a debt-to-equity ratio of 1.21. The firm’s 50-day moving average price is $9.83 and its 200-day moving average price is $11.06. The company has a market cap of $978.60 million, a PE ratio of 27.32, a PEG ratio of 0.61 and a beta of 1.34.

Analyst Ratings Changes

Several analysts have issued reports on GOOS shares. Wells Fargo & Company cut shares of Canada Goose from an “equal weight” rating to an “underweight” rating in a research note on Monday, October 14th. UBS Group cut their target price on Canada Goose from $13.00 to $12.00 and set a “neutral” rating for the company in a research note on Tuesday, October 22nd. Finally, The Goldman Sachs Group reduced their price objective on Canada Goose from $9.00 to $8.00 and set a “sell” rating on the stock in a research note on Tuesday, December 10th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price 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.