RBF Capital LLC Lowers Holdings in Canada Goose Holdings Inc. (NYSE:GOOS)

RBF Capital LLC reduced its position in shares of Canada Goose Holdings Inc. (NYSE:GOOS) by 10.0% during the 4th quarter, HoldingsChannel reports. The firm owned 180,000 shares of the company’s stock after selling 20,000 shares during the period. RBF Capital LLC’s holdings in Canada Goose were worth $1,805,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. MML Investors Services LLC bought a new position in shares of Canada Goose during the 3rd quarter worth $200,000. DGS Capital Management LLC purchased a new stake in Canada Goose in the third quarter worth about $131,000. Alberta Investment Management Corp bought a new position in Canada Goose during the 4th quarter worth about $748,000. Olympiad Research LP increased its position in Canada Goose by 18.2% during the 4th quarter. Olympiad Research LP now owns 16,543 shares of the company’s stock valued at $166,000 after purchasing an additional 2,549 shares during the period. Finally, NINE MASTS CAPITAL Ltd raised its holdings in shares of Canada Goose by 63.2% in the 4th quarter. NINE MASTS CAPITAL Ltd now owns 21,172 shares of the company’s stock valued at $212,000 after purchasing an additional 8,200 shares in the last quarter. 83.64% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently issued reports on GOOS. Evercore ISI dropped their price objective on shares of Canada Goose from $13.00 to $10.00 and set an “in-line” rating on the stock in a research note on Monday, February 10th. Barclays reiterated an “underweight” rating and issued a $8.00 price target (down from $10.00) on shares of Canada Goose in a report on Monday, March 31st. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $10.20.

Canada Goose Price Performance

Shares of GOOS opened at $8.34 on Wednesday. The company has a 50 day moving average of $8.81 and a two-hundred day moving average of $9.70. The company has a market cap of $806.88 million, a price-to-earnings ratio of 16.03, a price-to-earnings-growth ratio of 1.00 and a beta of 1.32. The company has a quick ratio of 1.14, a current ratio of 2.01 and a debt-to-equity ratio of 0.81. Canada Goose Holdings Inc. has a twelve month low of $6.73 and a twelve month high of $14.75.

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

About Canada Goose

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.