Canada Goose Holdings Inc. $GOOS is Kessler Investment Group LLC’s 10th Largest Position

Kessler Investment Group LLC boosted its position in Canada Goose Holdings Inc. (NYSE:GOOS) by 126.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 678,892 shares of the company’s stock after acquiring an additional 379,516 shares during the quarter. Canada Goose makes up about 3.7% of Kessler Investment Group LLC’s holdings, making the stock its 10th largest position. Kessler Investment Group LLC’s holdings in Canada Goose were worth $8,792,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in GOOS. PenderFund Capital Management Ltd. purchased a new position in shares of Canada Goose during the 3rd quarter worth approximately $45,000. US Bancorp DE acquired a new stake in shares of Canada Goose in the 3rd quarter valued at approximately $83,000. Plato Investment Management Ltd purchased a new stake in shares of Canada Goose in the third quarter valued at approximately $88,000. Evergreen Capital Management LLC purchased a new stake in shares of Canada Goose in the fourth quarter valued at approximately $147,000. Finally, Ameriprise Financial Inc. acquired a new position in Canada Goose during the second quarter worth $139,000. Hedge funds and other institutional investors own 83.64% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Wall Street Zen raised Canada Goose from a “hold” rating to a “buy” rating in a report on Sunday, March 8th. Zacks Research raised shares of Canada Goose from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. The Goldman Sachs Group reiterated a “sell” rating on shares of Canada Goose in a report on Friday, February 6th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Canada Goose in a research note on Monday, April 20th. Finally, Robert W. Baird downgraded shares of Canada Goose from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 5th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $15.17.

Canada Goose Stock Performance

NYSE GOOS opened at $11.93 on Friday. The business has a 50 day moving average price of $11.30 and a 200 day moving average price of $12.38. The company has a market capitalization of $1.16 billion, a P/E ratio of 91.73 and a beta of 1.67. Canada Goose Holdings Inc. has a 1-year low of $8.60 and a 1-year high of $15.43. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.12 and a quick ratio of 1.28.

Canada Goose Profile

Canada Goose Holdings Inc, traded on the NYSE under the symbol GOOS, is a Canadian design and manufacturing company specializing in premium outerwear. The firm is best known for its down-filled jackets and parkas, engineered to deliver high performance in extreme cold weather. Over time, Canada Goose has expanded its product range to include knitwear, fleece, footwear, and accessories, all designed with an emphasis on technical innovation, quality craftsmanship, and functional style.

Founded in 1957 as Metro Sportswear Ltd.