Healthcare of Ontario Pension Plan Trust Fund Raises Stock Position in YETI Holdings, Inc. (NYSE:YETI)

Healthcare of Ontario Pension Plan Trust Fund grew its position in YETI Holdings, Inc. (NYSE:YETI - Free Report) by 62.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 49,494 shares of the company's stock after buying an additional 19,000 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned 0.06% of YETI worth $2,031,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Janus Henderson Group PLC grew its holdings in YETI by 65.8% in the first quarter. Janus Henderson Group PLC now owns 68,237 shares of the company's stock worth $2,630,000 after purchasing an additional 27,076 shares during the last quarter. International Assets Investment Management LLC increased its position in YETI by 26,657.7% during the 3rd quarter. International Assets Investment Management LLC now owns 43,615 shares of the company's stock valued at $1,790,000 after buying an additional 43,452 shares in the last quarter. Algert Global LLC raised its stake in YETI by 443.0% in the third quarter. Algert Global LLC now owns 47,550 shares of the company's stock valued at $1,951,000 after buying an additional 38,793 shares during the last quarter. Intech Investment Management LLC purchased a new stake in YETI in the third quarter valued at about $1,415,000. Finally, Schwartz Investment Counsel Inc. grew its stake in shares of YETI by 7.5% during the third quarter. Schwartz Investment Counsel Inc. now owns 362,150 shares of the company's stock worth $14,859,000 after acquiring an additional 25,300 shares during the last quarter.

YETI Price Performance

Shares of YETI stock traded up $0.81 during trading hours on Monday, reaching $41.18. The stock had a trading volume of 1,184,337 shares, compared to its average volume of 1,621,351. YETI Holdings, Inc. has a twelve month low of $33.41 and a twelve month high of $54.15. The company has a current ratio of 2.58, a quick ratio of 1.45 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $3.49 billion, a PE ratio of 17.33, a PEG ratio of 1.16 and a beta of 2.15. The stock's 50 day moving average is $39.04 and its 200 day moving average is $39.42.

Analysts Set New Price Targets

A number of research firms recently commented on YETI. Bank of America cut 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 research note on Wednesday, November 6th. Roth Mkm boosted their price objective on shares of YETI from $42.00 to $43.00 and gave the company a "neutral" rating in a report on Friday, August 9th. Citigroup reduced their target price on YETI from $49.00 to $47.00 and set a "buy" rating for the company in a research note on Monday, August 5th. TD Cowen dropped their price target on YETI from $46.00 to $44.00 and set a "hold" rating on the stock in a research note on Monday, November 11th. Finally, B. Riley raised their price objective on YETI from $38.00 to $45.00 and gave the stock a "neutral" rating in a research note on Friday, August 9th. One 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. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $45.46.

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.