YETI Holdings, Inc. (NYSE:YETI) Stake Lessened by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. reduced its position in shares of YETI Holdings, Inc. (NYSE:YETI - Free Report) by 56.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 42,252 shares of the company's stock after selling 54,034 shares during the period. Connor Clark & Lunn Investment Management Ltd.'s holdings in YETI were worth $1,734,000 as of its most recent filing with the Securities and Exchange Commission.

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

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. B. Riley raised their price target on YETI from $38.00 to $45.00 and gave the stock a "neutral" rating in a research report on Friday, August 9th. KeyCorp lifted their price objective on YETI from $36.00 to $38.00 and gave the company an "underweight" rating in a research note on Friday, August 9th. Roth Mkm increased their target price on YETI from $42.00 to $43.00 and gave the stock a "neutral" rating in a research note on Friday, August 9th. TD Cowen dropped their price target on shares of YETI from $46.00 to $44.00 and set a "hold" rating on the stock in a research note on Monday, November 11th. Finally, Canaccord Genuity Group reissued a "hold" rating and set a $44.00 price objective on shares of YETI in a research report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $45.46.

YETI Stock Performance

NYSE YETI traded down $0.70 on Tuesday, reaching $39.82. The stock had a trading volume of 1,464,038 shares, compared to its average volume of 1,630,245. The business's 50-day moving average price is $38.98 and its 200 day moving average price is $39.43. The stock has a market cap of $3.38 billion, a P/E ratio of 17.01, a price-to-earnings-growth ratio of 1.14 and a beta of 2.12. YETI Holdings, Inc. has a 12-month low of $33.41 and a 12-month high of $54.15. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.45 and a current ratio of 2.58.

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.