Leeward Investments LLC MA lifted its position in YETI Holdings, Inc. (NYSE:YETI - Free Report) by 8.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 115,660 shares of the company's stock after acquiring an additional 8,656 shares during the quarter. Leeward Investments LLC MA owned 0.14% of YETI worth $4,454,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the company. Central Pacific Bank Trust Division boosted its holdings in YETI by 6.7% during the 4th quarter. Central Pacific Bank Trust Division now owns 4,650 shares of the company's stock valued at $179,000 after acquiring an additional 290 shares during the period. Pacer Advisors Inc. lifted its position in shares of YETI by 2.7% during the fourth quarter. Pacer Advisors Inc. now owns 12,646 shares of the company's stock worth $487,000 after purchasing an additional 332 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of YETI by 38.4% during the fourth quarter. Blue Trust Inc. now owns 1,200 shares of the company's stock valued at $49,000 after purchasing an additional 333 shares during the period. Covestor Ltd grew its holdings in shares of YETI by 13.5% in the third quarter. Covestor Ltd now owns 2,880 shares of the company's stock worth $118,000 after purchasing an additional 343 shares during the last quarter. Finally, Peloton Wealth Strategists grew its holdings in shares of YETI by 0.4% in the third quarter. Peloton Wealth Strategists now owns 86,275 shares of the company's stock worth $3,540,000 after purchasing an additional 350 shares during the last quarter.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the stock. UBS Group lowered their price objective on shares of YETI from $44.00 to $43.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. Stifel Nicolaus lowered their price target on YETI from $45.00 to $40.00 and set a "hold" rating for the company in a report on Friday, February 14th. Canaccord Genuity Group dropped their price objective on YETI from $44.00 to $42.00 and set a "hold" rating on the stock in a research note on Friday, February 14th. Bank of America lowered YETI from a "buy" rating to a "neutral" rating and decreased their target price for the company from $55.00 to $40.00 in a research report on Wednesday, November 6th. Finally, Morgan Stanley dropped their price target on YETI from $48.00 to $45.00 and set an "equal weight" rating on the stock in a research report on Friday, February 14th. One research 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's stock. According to data from MarketBeat.com, YETI currently has an average rating of "Hold" and a consensus price target of $44.77.
View Our Latest Research Report on YETI
YETI Stock Down 4.7 %
YETI traded down $1.77 during trading on Thursday, hitting $35.63. The stock had a trading volume of 1,325,749 shares, compared to its average volume of 1,671,459. The stock has a 50 day simple moving average of $37.82 and a two-hundred day simple moving average of $39.07. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.36 and a current ratio of 2.18. YETI Holdings, Inc. has a twelve month low of $33.41 and a twelve month high of $45.25. The company has a market capitalization of $3.02 billion, a PE ratio of 17.30, a PEG ratio of 1.05 and a beta of 2.14.
YETI (NYSE:YETI - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.93 by ($0.06). YETI had a return on equity of 28.23% and a net margin of 9.60%. The business had revenue of $555.37 million for the quarter, compared to analysts' expectations of $554.08 million. On average, research analysts predict that YETI Holdings, Inc. will post 2.57 earnings per share for the current year.
About YETI
(
Free Report)
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.
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