Canada Goose Holdings Inc. (NYSE:GOOS) Position Lessened by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. decreased its position in shares of Canada Goose Holdings Inc. (NYSE:GOOS) by 36.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,174 shares of the company’s stock after selling 15,875 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Canada Goose were worth $353,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Canada Goose by 17.1% during the 2nd 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 last quarter. Olympiad Research LP acquired a new stake in Canada Goose in the third quarter valued at approximately $175,000. GAM Holding AG lifted its stake in Canada Goose by 50.9% in the second quarter. GAM Holding AG now owns 25,000 shares of the company’s stock valued at $323,000 after acquiring an additional 8,430 shares during the last quarter. Cubist Systematic Strategies LLC bought a new stake in Canada Goose in the second quarter worth approximately $338,000. Finally, American Century Companies Inc. increased its stake in shares of Canada Goose by 94.3% during the 2nd quarter. American Century Companies Inc. now owns 27,403 shares of the company’s stock worth $354,000 after purchasing an additional 13,300 shares during the last quarter. Hedge funds and other institutional investors own 83.64% of the company’s stock.

Wall Street Analysts Forecast Growth

GOOS has been the subject of several analyst reports. The Goldman Sachs Group reduced their price objective on shares of Canada Goose from $9.00 to $8.00 and set a “sell” rating for the company in a research note on Tuesday, December 10th. UBS Group reduced their price target on Canada Goose from $13.00 to $12.00 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd. Finally, Wells Fargo & Company lowered Canada Goose from an “equal weight” rating to an “underweight” rating in a report on Monday, October 14th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $11.60.

Canada Goose Stock Up 0.1 %

GOOS stock opened at $9.84 on Friday. The stock has a market capitalization of $952.46 million, a price-to-earnings ratio of 26.59, a price-to-earnings-growth ratio of 0.61 and a beta of 1.34. The company has a 50-day moving average of $9.94 and a two-hundred day moving average of $11.20. Canada Goose Holdings Inc. has a 52-week low of $9.23 and a 52-week high of $14.75. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.85 and a quick ratio of 0.71.

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.