Susquehanna Portfolio Strategies LLC Has $137,000 Position in Canada Goose Holdings Inc. (NYSE:GOOS)

Susquehanna Portfolio Strategies LLC reduced its position in shares of Canada Goose Holdings Inc. (NYSE:GOOS) by 77.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 13,700 shares of the company’s stock after selling 45,900 shares during the quarter. Canada Goose comprises approximately 0.5% of Susquehanna Portfolio Strategies LLC’s portfolio, making the stock its 13th biggest holding. Susquehanna Portfolio Strategies LLC’s holdings in Canada Goose were worth $137,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in GOOS. Steward Partners Investment Advisory LLC lifted its holdings in Canada Goose by 4,213.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,313 shares of the company’s stock worth $43,000 after purchasing an additional 4,213 shares during the last quarter. Deutsche Bank AG increased its stake in Canada Goose by 192.0% during the 4th quarter. Deutsche Bank AG now owns 7,998 shares of the company’s stock worth $80,000 after acquiring an additional 5,259 shares during the period. Virtu Financial LLC bought a new position in Canada Goose during the 4th quarter worth $100,000. Aigen Investment Management LP bought a new position in Canada Goose during the 4th quarter worth $103,000. Finally, Occudo Quantitative Strategies LP bought a new position in Canada Goose during the 4th quarter worth $145,000. 83.64% of the stock is owned by institutional investors and hedge funds.

Canada Goose Trading Up 0.2%

Shares of GOOS opened at $9.10 on Friday. Canada Goose Holdings Inc. has a 52-week low of $6.73 and a 52-week high of $14.75. The business’s fifty day moving average is $8.25 and its 200-day moving average is $9.41. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.14 and a current ratio of 2.01. The firm has a market cap of $880.64 million, a price-to-earnings ratio of 17.49, a PEG ratio of 1.00 and a beta of 1.26.

Analysts Set New Price Targets

A number of equities analysts have commented on GOOS shares. Evercore ISI lowered their price objective on 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 restated an “underweight” rating and set a $8.00 price objective (down previously from $10.00) on shares of Canada Goose in a research note on Monday, March 31st. Finally, Wells Fargo & Company upgraded Canada Goose from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, April 30th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $9.50.

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.