Crossmark Global Holdings Inc. increased its position in YETI Holdings, Inc. (NYSE:YETI - Free Report) by 775.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 86,450 shares of the company's stock after acquiring an additional 76,578 shares during the quarter. Crossmark Global Holdings Inc. owned about 0.10% of YETI worth $3,547,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. V Square Quantitative Management LLC acquired a new position in YETI during the 3rd quarter valued at $26,000. Crewe Advisors LLC bought a new stake in shares of YETI in the first quarter valued at about $27,000. Versant Capital Management Inc grew its position in YETI by 571.8% during the second quarter. Versant Capital Management Inc now owns 833 shares of the company's stock worth $32,000 after buying an additional 709 shares in the last quarter. Blue Trust Inc. increased its stake in YETI by 265.8% during the third quarter. Blue Trust Inc. now owns 867 shares of the company's stock valued at $33,000 after acquiring an additional 630 shares during the period. Finally, Ashton Thomas Private Wealth LLC acquired a new position in YETI in the 2nd quarter valued at approximately $42,000.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on YETI. Roth Mkm lifted their price objective on YETI from $42.00 to $43.00 and gave the company a "neutral" rating in a report on Friday, August 9th. KeyCorp increased their target price on YETI from $36.00 to $38.00 and gave the company an "underweight" rating in a research note on Friday, August 9th. B. Riley boosted their price target on shares of YETI from $38.00 to $45.00 and gave the company a "neutral" rating in a report on Friday, August 9th. Bank of America lowered YETI from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $55.00 to $40.00 in a research report on Wednesday, November 6th. Finally, Citigroup lowered their target price on YETI from $49.00 to $47.00 and set a "buy" rating for the company in a report on Monday, August 5th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $45.46.
View Our Latest Stock Report on YETI
YETI Stock Performance
NYSE YETI traded down $0.21 during trading on Tuesday, hitting $41.08. 388,734 shares of the company's stock traded hands, compared to its average volume of 1,617,728. The business has a 50 day moving average of $38.75 and a 200-day moving average of $39.20. The stock has a market capitalization of $3.48 billion, a price-to-earnings ratio of 17.73, a PEG ratio of 1.12 and a beta of 2.12. YETI Holdings, Inc. has a 12-month low of $33.41 and a 12-month high of $54.15. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.22 and a current ratio of 2.58.
About YETI
(
Free Report)
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.
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