2 weeks Ago By ABMN Staff
Commonwealth Equity Services LLC decreased its stake in YETI Holdings, Inc. ( NYSE:YETI – Free Report ) by 31.8% during the 4th quarter, HoldingsChannel reports.
The institutional investor owned 12,343 shares of the company’s stock after selling 5,764 shares during the period. Commonwealth Equity Services LLC’s holdings in YETI were worth $475,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company.
Allworth Financial LP grew its holdings in YETI by 237.1% during the fourth quarter. Allworth Financial LP now owns 664 shares of the company’s stock valued at $25,000 after purchasing an additional 467 shares during the period.
Wilmington Savings Fund Society FSB acquired a new stake in YETI during the 3rd quarter worth $38,000. Blue Trust Inc. grew its stake in YETI by 38.
4% in the fourth quarter. Blue Trust Inc. now owns 1,200 shares of the company’s stock valued at $49,000 after acquiring an additional 333 shares during the period.
Jones Financial Companies Lllp increased its holdings 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 acquiring an additional 280 shares in the last quarter.
Finally, Versant Capital Management Inc raised its position in shares of YETI by 364.3% during the fourth quarter. Versant Capital Management Inc now owns 1,885 shares of the company’s stock worth $73,000 after purchasing an additional 1,479 shares during the period.
YETI Stock Performance Shares of YETI stock opened at $30.12 on Friday. The company has a fifty day moving average price of $35.
49 and a two-hundred day moving average price of $37.99. YETI Holdings, Inc.
has a one year low of $28.09 and a one year high of $45.25.
The stock has a market cap of $2.49 billion, a P/E ratio of 14.62, a P/E/G 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.
Analysts Set New Price Targets Several equities analysts recently issued reports on the company. 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 research report on Friday, February 14th. KeyCorp lowered their price objective 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. Morgan Stanley reduced 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. 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 cut their target price on YETI from $45.00 to $40.
00 and set a “hold” rating on the stock in a research note on Friday, February 14th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.
com, the company presently has an average rating of “Hold” and an average target price of $44.77. Read Our Latest Analysis on YETI YETI Profile ( 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. Read More Want to see what other hedge funds are holding YETI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for YETI Holdings, Inc.
( NYSE:YETI – Free Report ). Receive News & Ratings for YETI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YETI and related companies with MarketBeat.com's FREE daily email newsletter .
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