35,391 Shares in YETI Holdings, Inc. (NYSE:YETI) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new position in shares of YETI Holdings, Inc. (NYSE:YETI - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 35,391 shares of the company's stock, valued at approximately $1,363,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Allworth Financial LP lifted its holdings in shares of YETI by 237.1% in the fourth quarter. Allworth Financial LP now owns 664 shares of the company's stock worth $25,000 after acquiring an additional 467 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of YETI in the third quarter worth about $38,000. Blue Trust Inc. lifted its holdings in shares of YETI by 38.4% in the fourth quarter. Blue Trust Inc. now owns 1,200 shares of the company's stock worth $49,000 after acquiring an additional 333 shares during the last quarter. Versant Capital Management Inc lifted its holdings in shares of YETI by 364.3% in the fourth quarter. Versant Capital Management Inc now owns 1,885 shares of the company's stock worth $73,000 after acquiring an additional 1,479 shares during the last quarter. Finally, Quarry LP lifted its holdings in shares of YETI by 209.8% in the third quarter. Quarry LP now owns 1,927 shares of the company's stock worth $79,000 after acquiring an additional 1,305 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Piper Sandler reissued an "overweight" rating and issued a $54.00 target price (down previously from $55.00) on shares of YETI in a report on Friday, November 8th. Canaccord Genuity Group lowered their price objective on YETI from $44.00 to $42.00 and set a "hold" rating for the company in a research note on Friday, February 14th. TD Cowen lowered their price objective on YETI from $46.00 to $44.00 and set a "hold" rating for the company in a research note on Monday, November 11th. Morgan Stanley lowered their price objective on YETI from $48.00 to $45.00 and set an "equal weight" rating for the company in a research note on Friday, February 14th. Finally, KeyCorp lowered their price objective on YETI from $36.00 to $35.00 and set an "underweight" rating for the company in a research note on Wednesday, January 8th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $44.77.

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YETI Trading Up 2.0 %

NYSE:YETI traded up $0.69 on Friday, reaching $35.67. 1,557,824 shares of the stock traded hands, compared to its average volume of 1,690,887. The firm has a market capitalization of $2.94 billion, a price-to-earnings ratio of 17.31, a price-to-earnings-growth ratio of 1.05 and a beta of 2.15. The company's 50 day moving average is $37.30 and its 200-day moving average is $38.83. The company has a current ratio of 2.18, a quick ratio of 1.36 and a debt-to-equity ratio of 0.10. YETI Holdings, Inc. has a 1-year low of $33.36 and a 1-year high of $45.25.

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

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.