Teacher Retirement System of Texas Has $1.49 Million Stock Holdings in YETI Holdings, Inc. (NYSE:YETI)

Teacher Retirement System of Texas increased its holdings in YETI Holdings, Inc. (NYSE:YETI - Free Report) by 76.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 38,808 shares of the company's stock after buying an additional 16,810 shares during the period. Teacher Retirement System of Texas' holdings in YETI were worth $1,494,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of YETI. Jones Financial Companies Lllp lifted its holdings in 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 acquiring an additional 280 shares during the last quarter. Central Pacific Bank Trust Division raised its position in shares of YETI by 6.7% during the 4th quarter. Central Pacific Bank Trust Division now owns 4,650 shares of the company's stock worth $179,000 after purchasing an additional 290 shares during the period. Atria Investments Inc lifted its holdings in shares of YETI by 4.2% in the 4th quarter. Atria Investments Inc now owns 8,110 shares of the company's stock worth $312,000 after purchasing an additional 328 shares during the last quarter. Pacer Advisors Inc. boosted its position in YETI by 2.7% during the 4th quarter. Pacer Advisors Inc. now owns 12,646 shares of the company's stock valued at $487,000 after purchasing an additional 332 shares during the period. Finally, Blue Trust Inc. grew its stake in YETI by 38.4% during the 4th 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.

YETI Price Performance

Shares of YETI stock traded up $1.06 during trading on Wednesday, hitting $34.75. The stock had a trading volume of 1,662,743 shares, compared to its average volume of 1,617,225. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.18 and a quick ratio of 1.36. The business has a fifty day moving average of $35.80 and a two-hundred day moving average of $38.12. YETI Holdings, Inc. has a fifty-two week low of $31.48 and a fifty-two week high of $45.25. The firm has a market cap of $2.88 billion, a P/E ratio of 16.87, a PEG ratio of 1.05 and a beta of 2.15.

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YETI (NYSE:YETI - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate 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 return on equity of 28.23% and a net margin of 9.60%. On average, sell-side analysts expect that YETI Holdings, Inc. will post 2.57 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on YETI shares. Morgan Stanley cut their target price on YETI from $48.00 to $45.00 and set an "equal weight" rating on the stock in a research note on Friday, February 14th. Canaccord Genuity Group cut their price objective on shares of YETI from $44.00 to $42.00 and set a "hold" rating on the stock in a research report on Friday, February 14th. KeyCorp decreased their target price on shares of YETI from $36.00 to $35.00 and set an "underweight" rating for the company in a research report on Wednesday, January 8th. UBS Group cut their price target on YETI from $44.00 to $43.00 and set a "neutral" rating on the stock in a report on Thursday, January 16th. Finally, Stifel Nicolaus decreased their price objective on YETI from $45.00 to $40.00 and set a "hold" rating for the company in a report on Friday, February 14th. One 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. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $44.77.

About YETI

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.