YETI Holdings, Inc. (NYSE:YETI) Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. reduced its stake in YETI Holdings, Inc. (NYSE:YETI - Free Report) by 11.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 289,798 shares of the company's stock after selling 35,724 shares during the period. Principal Financial Group Inc. owned approximately 0.34% of YETI worth $11,160,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Blue Trust Inc. raised its stake in shares of YETI by 265.8% in the 3rd 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. Raymond James & Associates lifted its stake in YETI by 6.6% during the third quarter. Raymond James & Associates now owns 155,148 shares of the company's stock worth $6,366,000 after purchasing an additional 9,560 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of YETI by 26,657.7% during the third quarter. International Assets Investment Management LLC now owns 43,615 shares of the company's stock worth $1,790,000 after buying an additional 43,452 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of YETI in the third quarter valued at $231,000. Finally, State of Alaska Department of Revenue raised its holdings in shares of YETI by 7.1% in the 3rd quarter. State of Alaska Department of Revenue now owns 10,046 shares of the company's stock valued at $412,000 after buying an additional 665 shares during the period.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Stifel Nicolaus dropped their target price on YETI from $45.00 to $40.00 and set a "hold" rating for the company in a research report on Friday, February 14th. UBS Group cut their target price on shares of YETI from $44.00 to $43.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. TD Cowen decreased their price target on shares of YETI from $46.00 to $44.00 and set a "hold" rating for the company in a research report on Monday, November 11th. Canaccord Genuity Group cut their price objective on YETI from $44.00 to $42.00 and set a "hold" rating on the stock in a research report on Friday, February 14th. Finally, KeyCorp decreased their target price on YETI from $36.00 to $35.00 and set an "underweight" rating for the company in a 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, the company has an average rating of "Hold" and a consensus price target of $44.77.

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YETI Stock Down 0.8 %

Shares of NYSE:YETI traded down $0.30 during trading on Monday, hitting $35.35. 1,215,091 shares of the company were exchanged, compared to its average volume of 1,655,063. 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 firm's 50 day moving average price is $37.67 and its 200-day moving average price is $38.99. The stock has a market capitalization of $2.91 billion, a P/E ratio of 17.21, a PEG ratio of 1.05 and a beta of 2.13. YETI Holdings, Inc. has a 12-month low of $33.41 and a 12-month high of $45.25.

YETI (NYSE:YETI - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.87 EPS for the quarter, missing the consensus estimate 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. On average, research analysts predict that YETI Holdings, Inc. will post 2.57 earnings per share for the current fiscal year.

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.