Charles Schwab Investment Management Inc. Has $30.11 Million Holdings in YETI Holdings, Inc. (NYSE:YETI)

Charles Schwab Investment Management Inc. reduced its stake in shares of YETI Holdings, Inc. (NYSE:YETI - Free Report) by 24.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 733,844 shares of the company's stock after selling 237,544 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.87% of YETI worth $30,110,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. V Square Quantitative Management LLC acquired a new position in shares of YETI in the 3rd quarter valued at $26,000. Blue Trust Inc. raised its stake in shares of YETI by 265.8% in 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 acquired a new position in shares of YETI in the 2nd quarter valued at $42,000. GAMMA Investing LLC raised its stake in shares of YETI by 52.9% in the 3rd quarter. GAMMA Investing LLC now owns 1,223 shares of the company's stock valued at $50,000 after buying an additional 423 shares in the last quarter. Finally, Exchange Traded Concepts LLC raised its stake in shares of YETI by 48.3% in the 3rd quarter. Exchange Traded Concepts LLC now owns 1,536 shares of the company's stock valued at $63,000 after buying an additional 500 shares in the last quarter.

YETI Price Performance

NYSE:YETI traded down $1.09 during mid-day trading on Thursday, reaching $41.61. 1,275,985 shares of the company were exchanged, compared to its average volume of 1,621,022. YETI Holdings, Inc. has a 12 month low of $33.41 and a 12 month high of $54.15. The company has a fifty day moving average of $39.21 and a 200 day moving average of $39.46. The company has a quick ratio of 1.45, a current ratio of 2.58 and a debt-to-equity ratio of 0.10. The stock has a market cap of $3.53 billion, a PE ratio of 18.33, a PEG ratio of 1.28 and a beta of 2.15.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. KeyCorp increased their price objective on shares of YETI from $36.00 to $38.00 and gave the company an "underweight" rating in a research note on Friday, August 9th. Piper Sandler restated an "overweight" rating and issued a $54.00 price objective (down previously from $55.00) on shares of YETI in a research note on Friday, November 8th. Bank of America lowered shares of YETI from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $55.00 to $40.00 in a report on Wednesday, November 6th. B. Riley upped their target price on shares of YETI from $38.00 to $45.00 and gave the stock a "neutral" rating in a report on Friday, August 9th. Finally, Canaccord Genuity Group reaffirmed a "hold" rating and issued a $44.00 target price on shares of YETI in a report on Thursday, November 14th. 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 company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $45.46.

YETI Company 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.