Tower Research Capital LLC TRC Sells 3,529 Shares of Canada Goose Holdings Inc. (NYSE:GOOS)

Tower Research Capital LLC TRC trimmed its stake in shares of Canada Goose Holdings Inc. (NYSE:GOOS) by 43.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 4,546 shares of the company’s stock after selling 3,529 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Canada Goose were worth $54,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. SG Americas Securities LLC bought a new stake in shares of Canada Goose during the 4th quarter valued at $124,000. Silverleafe Capital Partners LLC bought a new stake in shares of Canada Goose during the 3rd quarter valued at $147,000. Commonwealth Equity Services LLC bought a new stake in shares of Canada Goose during the 3rd quarter valued at $160,000. Total Clarity Wealth Management Inc. bought a new stake in shares of Canada Goose during the 4th quarter valued at $198,000. Finally, GAM Holding AG bought a new stake in shares of Canada Goose during the 4th quarter valued at $213,000. 83.64% of the stock is currently owned by institutional investors.

Canada Goose Trading Up 2.4 %

Canada Goose stock traded up $0.27 during trading hours on Monday, hitting $11.54. The stock had a trading volume of 391,693 shares, compared to its average volume of 1,166,511. The company has a quick ratio of 0.81, a current ratio of 1.87 and a debt-to-equity ratio of 0.95. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of 37.23, a P/E/G ratio of 1.16 and a beta of 1.48. Canada Goose Holdings Inc. has a one year low of $9.80 and a one year high of $22.65. The business’s 50 day simple moving average is $12.19 and its 200-day simple moving average is $11.88.

Canada Goose (NYSE:GOOS) last posted its earnings results on Thursday, February 1st. The company reported $1.01 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.06). The firm had revenue of $448.03 million during the quarter, compared to the consensus estimate of $455.25 million. Canada Goose had a net margin of 3.86% and a return on equity of 23.30%. On average, equities analysts predict that Canada Goose Holdings Inc. will post 0.66 EPS for the current fiscal year.

Analysts Set New Price Targets

GOOS has been the subject of several recent analyst reports. Barclays upped their price objective on Canada Goose from $11.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Friday, February 2nd. Evercore upped their price objective on Canada Goose from $11.00 to $12.00 and gave the stock an “in-line” rating in a research report on Friday, February 2nd. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $13.83.

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.