YETI Holdings, Inc. (NYSE:YETI) Shares Purchased by Wellington Management Group LLP

Wellington Management Group LLP boosted its position in YETI Holdings, Inc. (NYSE:YETI - Free Report) by 15.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,560,485 shares of the company's stock after purchasing an additional 489,063 shares during the period. Wellington Management Group LLP owned approximately 4.32% of YETI worth $137,114,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of YETI. FMR LLC boosted its stake in shares of YETI by 56.2% during the third quarter. FMR LLC now owns 12,037 shares of the company's stock valued at $494,000 after purchasing an additional 4,329 shares during the period. Captrust Financial Advisors lifted its holdings in YETI by 5.5% during the 3rd quarter. Captrust Financial Advisors now owns 9,472 shares of the company's stock valued at $389,000 after buying an additional 496 shares in the last quarter. Atom Investors LP purchased a new stake in YETI in the 3rd quarter valued at about $240,000. Chevy Chase Trust Holdings LLC grew its stake in YETI by 111.5% in the 3rd quarter. Chevy Chase Trust Holdings LLC now owns 194,030 shares of the company's stock worth $7,961,000 after acquiring an additional 102,288 shares in the last quarter. Finally, Janus Henderson Group PLC increased its position in shares of YETI by 4.0% during the third quarter. Janus Henderson Group PLC now owns 78,808 shares of the company's stock worth $3,234,000 after acquiring an additional 3,039 shares during the period.

Analyst Ratings Changes

YETI has been the topic of several research analyst reports. UBS Group dropped their price objective on YETI from $44.00 to $43.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. Stifel Nicolaus dropped their price target 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 decreased their price objective on YETI from $44.00 to $42.00 and set a "hold" rating for the company in a report on Friday, February 14th. Morgan Stanley dropped their target price on shares of YETI from $48.00 to $45.00 and set an "equal weight" rating on the stock in a report on Friday, February 14th. Finally, KeyCorp lowered their price target 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. One equities 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. Based on data from MarketBeat.com, YETI currently has a consensus rating of "Hold" and a consensus target price of $44.77.

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YETI Stock Up 3.0 %

NYSE YETI traded up $0.87 on Tuesday, hitting $29.61. The stock had a trading volume of 832,155 shares, compared to its average volume of 1,789,955. The business's fifty day moving average price is $35.29 and its 200 day moving average price is $37.90. The stock has a market cap of $2.45 billion, a price-to-earnings ratio of 14.38, a price-to-earnings-growth ratio of 1.05 and a beta of 2.04. 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 Holdings, Inc. has a 52-week low of $28.09 and a 52-week high of $45.25.

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). The business had revenue of $555.37 million for the quarter, compared to analysts' expectations of $554.08 million. YETI had a return on equity of 28.23% and a net margin of 9.60%. Equities research analysts anticipate that YETI Holdings, Inc. will post 2.57 earnings per share for the current year.

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.