De Lisle Partners LLP Invests $533,000 in YETI Holdings, Inc. (NYSE:YETI)

De Lisle Partners LLP bought a new stake in shares of YETI Holdings, Inc. (NYSE:YETI - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,000 shares of the company's stock, valued at approximately $533,000.

A number of other institutional investors and hedge funds have also made changes to their positions in YETI. V Square Quantitative Management LLC acquired a new stake in YETI in the third quarter valued at approximately $26,000. Versant Capital Management Inc grew its stake in YETI by 571.8% during the 2nd quarter. Versant Capital Management Inc now owns 833 shares of the company's stock worth $32,000 after buying an additional 709 shares during the last quarter. Blue Trust Inc. increased its position 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 purchased a new stake in YETI in the second quarter valued at about $42,000. Finally, GAMMA Investing LLC boosted its holdings in 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 acquiring an additional 423 shares in the last quarter.

YETI Stock Performance

Shares of YETI traded up $0.06 during trading hours on Friday, hitting $40.39. The stock had a trading volume of 616,115 shares, compared to its average volume of 1,623,243. The firm has a 50-day moving average price of $39.03 and a 200 day moving average price of $39.45. YETI Holdings, Inc. has a fifty-two week low of $33.41 and a fifty-two week high of $54.15. The firm has a market capitalization of $3.43 billion, a price-to-earnings ratio of 17.31, a PEG ratio of 1.16 and a beta of 2.12. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.45 and a current ratio of 2.58.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on YETI. KeyCorp lifted their target price on shares of YETI from $36.00 to $38.00 and gave the stock an "underweight" rating in a research note on Friday, August 9th. Bank of America lowered shares of YETI from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $55.00 to $40.00 in a report on Wednesday, November 6th. Piper Sandler restated an "overweight" rating and issued a $54.00 target price (down previously from $55.00) on shares of YETI in a research note on Friday, November 8th. Roth Mkm increased their price objective on YETI from $42.00 to $43.00 and gave the company a "neutral" rating in a report on Friday, August 9th. Finally, Citigroup cut their price target on shares of YETI from $49.00 to $47.00 and set a "buy" rating on the stock in a report on Monday, August 5th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price 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.