YETI Holdings, Inc. (NYSE:YETI) Shares Purchased by First Eagle Investment Management LLC

First Eagle Investment Management LLC boosted its stake in YETI Holdings, Inc. (NYSE:YETI - Free Report) by 1,426.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 190,800 shares of the company's stock after acquiring an additional 178,300 shares during the period. First Eagle Investment Management LLC owned 0.22% of YETI worth $7,348,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Swedbank AB acquired a new stake in shares of YETI in the 4th quarter worth approximately $7,702,000. Retirement Systems of Alabama lifted its stake in YETI by 190.3% in the 4th quarter. Retirement Systems of Alabama now owns 298,526 shares of the company's stock valued at $11,496,000 after buying an additional 195,693 shares in the last quarter. Verition Fund Management LLC lifted its stake in YETI by 855.1% in the 3rd quarter. Verition Fund Management LLC now owns 183,630 shares of the company's stock valued at $7,534,000 after buying an additional 164,404 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in YETI in the 4th quarter valued at approximately $6,240,000. Finally, Point72 Asset Management L.P. lifted its stake in YETI by 25.8% in the 3rd quarter. Point72 Asset Management L.P. now owns 764,150 shares of the company's stock valued at $31,353,000 after buying an additional 156,926 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. KeyCorp reduced their target price on YETI from $36.00 to $35.00 and set an "underweight" rating on the stock in a research note on Wednesday, January 8th. Stifel Nicolaus reduced their target price on YETI from $45.00 to $40.00 and set a "hold" rating on the stock in a research note on Friday, February 14th. Morgan Stanley reduced their target price on YETI from $48.00 to $45.00 and set an "equal weight" rating on the stock in a research note on Friday, February 14th. Canaccord Genuity Group reduced their target price on YETI from $44.00 to $42.00 and set a "hold" rating on the stock in a research note on Friday, February 14th. Finally, UBS Group reduced their price target on YETI from $44.00 to $43.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $44.77.

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YETI Trading Up 5.8 %

Shares of YETI stock traded up $1.88 on Monday, reaching $34.05. 3,096,489 shares of the stock were exchanged, compared to its average volume of 1,561,224. The stock has a market cap of $2.80 billion, a P/E ratio of 16.53, a price-to-earnings-growth ratio of 1.05 and a beta of 2.15. The company has a quick ratio of 1.36, a current ratio of 2.18 and a debt-to-equity ratio of 0.10. The firm has a 50 day moving average of $36.64 and a two-hundred day moving average of $38.47. YETI Holdings, Inc. has a 1-year low of $31.48 and a 1-year high of $45.25.

YETI (NYSE:YETI - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by ($0.06). YETI had a net margin of 9.60% and a return on equity of 28.23%. The company had revenue of $555.37 million during the quarter, compared to analyst estimates of $554.08 million. On average, research analysts anticipate that YETI Holdings, Inc. will post 2.57 EPS for the current year.

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.