YETI Holdings, Inc. (NYSE:YETI) Shares Sold by Capital International Investors

Capital International Investors decreased its position in shares of YETI Holdings, Inc. (NYSE:YETI - Free Report) by 47.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 641,400 shares of the company's stock after selling 590,700 shares during the period. Capital International Investors owned 0.76% of YETI worth $24,700,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Allworth Financial LP boosted its position in shares of YETI by 237.1% during the fourth quarter. Allworth Financial LP now owns 664 shares of the company's stock worth $25,000 after acquiring an additional 467 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in YETI during the third quarter worth $38,000. Aster Capital Management DIFC Ltd bought a new stake in YETI in the fourth quarter worth about $44,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of YETI during the fourth quarter worth $45,000. Finally, Blue Trust Inc. boosted its position in YETI by 38.4% in the 4th quarter. Blue Trust Inc. now owns 1,200 shares of the company's stock valued at $49,000 after buying an additional 333 shares during the period.

YETI Stock Performance

Shares of NYSE YETI traded up $0.82 during mid-day trading on Thursday, hitting $29.04. The stock had a trading volume of 1,305,782 shares, compared to its average volume of 1,685,866. 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 company has a 50 day moving average of $32.80 and a two-hundred day moving average of $36.82. The firm has a market cap of $2.40 billion, a PE ratio of 14.10, a PEG ratio of 1.05 and a beta of 2.04. YETI Holdings, Inc. has a twelve month low of $26.61 and a twelve month high of $45.25.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on YETI shares. UBS Group decreased their price target on shares of YETI from $43.00 to $31.00 and set a "neutral" rating for the company in a research note on Thursday, April 17th. KeyCorp upgraded shares of YETI from an "underweight" rating to a "sector weight" rating in a research note on Thursday, April 17th. Stifel Nicolaus reduced their price objective on shares of YETI from $40.00 to $34.00 and set a "hold" rating for the company in a research note on Thursday, April 10th. The Goldman Sachs Group dropped their target price on YETI from $41.00 to $29.00 and set a "neutral" rating on the stock in a research report on Tuesday. Finally, Canaccord Genuity Group reduced their price target on YETI from $44.00 to $42.00 and set a "hold" rating for the company in a research report on Friday, February 14th. Ten equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $42.20.

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.