Blair William & Co. IL Has $15.20 Million Holdings in YETI Holdings, Inc. (NYSE:YETI)

Blair William & Co. IL lowered its position in shares of YETI Holdings, Inc. (NYSE:YETI - Free Report) by 7.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 394,599 shares of the company's stock after selling 31,895 shares during the quarter. Blair William & Co. IL owned 0.47% of YETI worth $15,196,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Geode Capital Management LLC raised its stake in YETI by 0.5% in the third quarter. Geode Capital Management LLC now owns 1,427,191 shares of the company's stock valued at $58,573,000 after buying an additional 7,382 shares during the period. Congress Asset Management Co. grew its holdings in YETI by 5.6% in the 4th quarter. Congress Asset Management Co. now owns 1,131,060 shares of the company's stock valued at $43,557,000 after buying an additional 60,407 shares in the last quarter. Bank of New York Mellon Corp increased its position in YETI by 0.7% during the 4th quarter. Bank of New York Mellon Corp now owns 830,807 shares of the company's stock worth $31,994,000 after buying an additional 5,987 shares during the period. Lord Abbett & CO. LLC lifted its holdings in shares of YETI by 7.0% during the third quarter. Lord Abbett & CO. LLC now owns 810,182 shares of the company's stock worth $33,242,000 after buying an additional 53,023 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of YETI by 5.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 773,553 shares of the company's stock valued at $29,790,000 after acquiring an additional 39,709 shares during the period.

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Analysts Set New Price Targets

Several brokerages have weighed in on YETI. Canaccord Genuity Group dropped their price objective on shares of YETI from $44.00 to $42.00 and set a "hold" rating for the company in a research note on Friday, February 14th. KeyCorp dropped their price target on shares of YETI from $36.00 to $35.00 and set an "underweight" rating for the company in a research report on Wednesday, January 8th. Stifel Nicolaus cut their price target on YETI from $45.00 to $40.00 and set a "hold" rating for the company in a research note on Friday, February 14th. UBS Group lowered their price objective on YETI from $44.00 to $43.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. Finally, Morgan Stanley reduced their target price on YETI from $48.00 to $45.00 and set an "equal weight" rating on the stock in a report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $44.77.

YETI Price Performance

Shares of YETI stock traded up $0.72 during midday trading on Wednesday, hitting $34.41. 505,274 shares of the company traded hands, compared to its average volume of 1,613,014. The stock has a market cap of $2.85 billion, a price-to-earnings ratio of 16.70, a PEG ratio of 1.05 and a beta of 2.15. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.36 and a current ratio of 2.18. The firm's fifty day moving average price is $35.86 and its 200-day moving average price is $38.15. YETI Holdings, Inc. has a 12 month low of $31.48 and a 12 month high of $45.25.

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

YETI Profile

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.