Royce & Associates LP Has $26.11 Million Stake in YETI Holdings, Inc. (NYSE:YETI)

Royce & Associates LP raised its holdings in shares of YETI Holdings, Inc. (NYSE:YETI - Free Report) by 15.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 678,045 shares of the company's stock after buying an additional 92,074 shares during the period. Royce & Associates LP owned about 0.80% of YETI worth $26,112,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Allworth Financial LP lifted its position in shares of YETI by 237.1% during the fourth quarter. Allworth Financial LP now owns 664 shares of the company's stock worth $25,000 after purchasing an additional 467 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of YETI in the third quarter worth $38,000. Blue Trust Inc. increased its stake 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 buying an additional 333 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of YETI by 22.5% in the fourth quarter. Jones Financial Companies Lllp now owns 1,526 shares of the company's stock worth $59,000 after buying an additional 280 shares during the last quarter. Finally, Versant Capital Management Inc increased its stake 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 buying an additional 1,479 shares during the last quarter.

YETI Price Performance

NYSE YETI traded up $0.31 on Wednesday, reaching $34.49. The company's stock had a trading volume of 294,268 shares, compared to its average volume of 1,571,433. YETI Holdings, Inc. has a twelve month low of $31.48 and a twelve month high of $45.25. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.36 and a current ratio of 2.18. The stock has a market cap of $2.84 billion, a PE ratio of 16.74, a PEG ratio of 1.05 and a beta of 2.15. The firm's 50 day moving average is $36.57 and its two-hundred day moving average is $38.43.

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YETI (NYSE:YETI - Get Free Report) last issued its quarterly 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 business had revenue of $555.37 million during 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%. As a group, sell-side analysts predict that YETI Holdings, Inc. will post 2.57 EPS for the current year.

Analysts Set New Price Targets

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

YETI Company 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.