BNP Paribas Financial Markets Purchases 127,518 Shares of YETI Holdings, Inc. (NYSE:YETI)

BNP Paribas Financial Markets increased its holdings in YETI Holdings, Inc. (NYSE:YETI - Free Report) by 92.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 264,838 shares of the company's stock after buying an additional 127,518 shares during the period. BNP Paribas Financial Markets owned 0.31% of YETI worth $10,866,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of YETI. V Square Quantitative Management LLC bought a new position in shares of YETI in the third quarter worth $26,000. Versant Capital Management Inc boosted its stake in YETI by 571.8% in the 2nd quarter. Versant Capital Management Inc now owns 833 shares of the company's stock worth $32,000 after purchasing an additional 709 shares during the period. Blue Trust Inc. grew its holdings in YETI by 265.8% during the 3rd quarter. Blue Trust Inc. now owns 867 shares of the company's stock valued at $33,000 after buying an additional 630 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in shares of YETI during the second quarter valued at about $42,000. Finally, GAMMA Investing LLC lifted its holdings in shares of YETI by 52.9% in the third quarter. GAMMA Investing LLC now owns 1,223 shares of the company's stock worth $50,000 after buying an additional 423 shares in the last quarter.

YETI Trading Up 2.1 %

NYSE:YETI traded up $0.83 during trading hours on Monday, reaching $41.20. The company's stock had a trading volume of 1,170,991 shares, compared to its average volume of 1,621,294. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.45 and a current ratio of 2.58. The firm has a market capitalization of $3.49 billion, a price-to-earnings ratio of 17.33, a PEG ratio of 1.16 and a beta of 2.15. The firm has a 50-day simple moving average of $39.04 and a 200-day simple moving average of $39.42. YETI Holdings, Inc. has a 1 year low of $33.41 and a 1 year high of $54.15.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on YETI shares. Bank of America lowered shares of YETI from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $55.00 to $40.00 in a report on Wednesday, November 6th. Roth Mkm lifted their price objective on YETI from $42.00 to $43.00 and gave the company a "neutral" rating in a research note on Friday, August 9th. TD Cowen decreased their target price on YETI from $46.00 to $44.00 and set a "hold" rating on the stock in a research note on Monday, November 11th. Piper Sandler reiterated an "overweight" rating and set a $54.00 price target (down previously from $55.00) on shares of YETI in a research report on Friday, November 8th. Finally, KeyCorp upped their price objective on shares of YETI from $36.00 to $38.00 and gave the stock an "underweight" rating in a research report on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $45.46.

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.