17,517 Shares in YETI Holdings, Inc. (NYSE:YETI) Purchased by Andrew Hill Investment Advisors Inc.

Andrew Hill Investment Advisors Inc. acquired a new stake in YETI Holdings, Inc. (NYSE:YETI - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 17,517 shares of the company's stock, valued at approximately $675,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. JPMorgan Chase & Co. raised its stake in shares of YETI by 16.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 436,810 shares of the company's stock worth $17,922,000 after buying an additional 62,619 shares in the last quarter. Truist Financial Corp boosted its position in shares of YETI by 304.2% during the 4th quarter. Truist Financial Corp now owns 28,501 shares of the company's stock worth $1,098,000 after purchasing an additional 21,450 shares in the last quarter. Clearbridge Investments LLC acquired a new position in shares of YETI during the 4th quarter worth $10,767,000. KLP Kapitalforvaltning AS purchased a new position in shares of YETI in the 4th quarter valued at about $693,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in YETI by 5.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 773,553 shares of the company's stock worth $29,790,000 after buying an additional 39,709 shares in the last quarter.

Analyst Ratings Changes

YETI has been the topic of several research analyst reports. Robert W. Baird decreased their price target on YETI from $50.00 to $40.00 and set an "outperform" rating on the stock in a research note on Friday. Canaccord Genuity Group lowered their target price on YETI from $44.00 to $42.00 and set a "hold" rating on the stock in a report on Friday, February 14th. KeyCorp cut their price target on YETI from $36.00 to $35.00 and set an "underweight" rating for the company in a research note on Wednesday, January 8th. UBS Group dropped their target price on shares of YETI from $44.00 to $43.00 and set a "neutral" rating for the company in a report on Thursday, January 16th. Finally, Morgan Stanley reduced their price target on shares of YETI from $48.00 to $45.00 and set an "equal weight" rating on the stock in a report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, YETI has an average rating of "Hold" and a consensus target price of $44.00.

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YETI Trading Down 2.5 %

Shares of YETI stock traded down $0.71 during trading hours on Tuesday, hitting $28.11. The company's stock had a trading volume of 619,694 shares, compared to its average volume of 1,857,467. The company has a quick ratio of 1.36, a current ratio of 2.18 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $2.33 billion, a PE ratio of 13.65, a P/E/G ratio of 1.05 and a beta of 2.04. The business has a fifty day moving average of $34.13 and a 200 day moving average of $37.40. YETI Holdings, Inc. has a 1-year low of $26.66 and a 1-year high of $45.25.

YETI (NYSE:YETI - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.87 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.06). YETI had a net margin of 9.60% and a return on equity of 28.23%. The company had revenue of $555.37 million during the quarter, compared to analysts' expectations of $554.08 million. As a group, equities analysts forecast that YETI Holdings, Inc. will post 2.57 EPS for the current year.

About YETI

YETI Holdings, Inc designs, retails, and distributes products for the outdoor and recreation market under the YETI brand. It offers coolers and equipment, including hard and soft coolers, cargo, bags, outdoor living, and associated accessories, as well as backpacks, duffel bags, luggage, packing cubes, carryalls, camp chairs, blankets, dog beds, dog bowls, and gear cases under the LoadOut, Panga, Crossroads, Camino, Hondo Base, Trailhead, Lowlands, Boomer, and SideKick Dry brands.