YETI Holdings, Inc. (NYSE:YETI) Shares Bought by Quantbot Technologies LP

Quantbot Technologies LP increased its holdings in YETI Holdings, Inc. (NYSE:YETI - Free Report) by 107.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,380 shares of the company's stock after acquiring an additional 14,709 shares during the quarter. Quantbot Technologies LP's holdings in YETI were worth $1,093,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in YETI. Geode Capital Management LLC increased its holdings in shares of YETI by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,427,191 shares of the company's stock valued at $58,573,000 after acquiring an additional 7,382 shares during the period. Congress Asset Management Co. grew its stake in YETI by 5.6% in the fourth quarter. Congress Asset Management Co. now owns 1,131,060 shares of the company's stock valued at $43,557,000 after purchasing an additional 60,407 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in YETI by 0.7% in the fourth quarter. Bank of New York Mellon Corp now owns 830,807 shares of the company's stock worth $31,994,000 after purchasing an additional 5,987 shares in the last quarter. Lord Abbett & CO. LLC lifted its position in shares of YETI by 7.0% during the third quarter. Lord Abbett & CO. LLC now owns 810,182 shares of the company's stock valued at $33,242,000 after buying an additional 53,023 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of YETI by 5.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 773,553 shares of the company's stock valued at $29,790,000 after buying an additional 39,709 shares in the last quarter.

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YETI Stock Performance

NYSE:YETI traded down $0.85 during mid-day trading on Friday, hitting $33.10. The company's stock had a trading volume of 1,263,841 shares, compared to its average volume of 1,620,179. The business's fifty day moving average is $36.02 and its two-hundred day moving average is $38.21. The stock has a market cap of $2.74 billion, a price-to-earnings ratio of 16.07, a PEG ratio of 1.05 and a beta of 2.15. YETI Holdings, Inc. has a 1 year low of $31.48 and a 1 year high of $45.25. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.18 and a quick ratio of 1.36.

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

Wall Street Analyst Weigh In

Several research analysts recently commented on YETI shares. Morgan Stanley reduced their price objective on shares of YETI from $48.00 to $45.00 and set an "equal weight" rating for the company in a research note on Friday, February 14th. KeyCorp lowered their price objective on YETI from $36.00 to $35.00 and set an "underweight" rating for the company in a research report 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 report on Friday, February 14th. Canaccord Genuity Group dropped their price target 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 cut their price objective on shares of YETI from $44.00 to $43.00 and set a "neutral" rating on the stock in a report on Thursday, January 16th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $44.77.

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.