19 hours Ago By ABMN Staff
Empowered Funds LLC acquired a new position in shares of YETI Holdings, Inc. ( NYSE:YETI – Free Report ) in the fourth quarter, HoldingsChannel reports. The fund acquired 9,262 shares of the company’s stock, valued at approximately $357,000.
Several other large investors have also made changes to their positions in YETI. WCM Investment Management LLC increased its stake in YETI by 655.4% during the third quarter.
WCM Investment Management LLC now owns 508,882 shares of the company’s stock worth $20,701,000 after acquiring an additional 441,516 shares during the last quarter. Swedbank AB purchased a new stake in YETI during the 4th quarter worth $7,702,000. Retirement Systems of Alabama increased its holdings in YETI by 190.
3% in the 4th quarter. Retirement Systems of Alabama now owns 298,526 shares of the company’s stock valued at $11,496,000 after purchasing an additional 195,693 shares in the last quarter. Congress Asset Management Co.
lifted its stake in shares of YETI by 18.3% during the third quarter. Congress Asset Management Co.
now owns 1,070,653 shares of the company’s stock worth $43,929,000 after purchasing an additional 165,458 shares in the last quarter. Finally, Verition Fund Management LLC raised its holdings in shares of YETI by 855.1% during the 3rd quarter.
Verition Fund Management LLC now owns 183,630 shares of the company’s stock valued at $7,534,000 after buying an additional 164,404 shares during the period. Wall Street Analysts Forecast Growth YETI has been the subject of a number of recent analyst reports. UBS Group lowered their price target on shares of YETI from $44.
00 to $43.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Canaccord Genuity Group decreased their price objective on shares of YETI from $44.
00 to $42.00 and set a “hold” rating for the company in a report on Friday, February 14th. KeyCorp decreased their price target on YETI from $36.
00 to $35.00 and set an “underweight” rating for the company in a research note on Wednesday, January 8th. Piper Sandler reissued an “overweight” rating and set a $54.
00 price target (down from $55.00) on shares of YETI in a research report on Friday, November 8th. Finally, Stifel Nicolaus reduced their price target on shares of YETI from $45.
00 to $40.00 and set a “hold” rating on the stock in a research report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company’s stock.
According to data from MarketBeat.com, YETI has an average rating of “Hold” and a consensus price target of $44.77.
YETI Trading Down 0.8 % Shares of NYSE YETI opened at $36.83 on Friday.
The company has a current ratio of 2.18, a quick ratio of 1.36 and a debt-to-equity ratio of 0.
10. YETI Holdings, Inc. has a one year low of $33.
41 and a one year high of $45.25. The business has a 50-day moving average price of $38.
26 and a two-hundred day moving average price of $39.13. The firm has a market capitalization of $3.
12 billion, a PE ratio of 17.88, a PEG ratio of 1.09 and a beta of 2.
13. YETI ( NYSE:YETI – Get Free Report ) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.
87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.06).
The firm had revenue of $555.37 million for the quarter, compared to analyst estimates of $554.08 million.
YETI had a net margin of 9.60% and a return on equity of 28.23%.
As a group, analysts predict that YETI Holdings, Inc. will post 2.59 earnings per share for the current fiscal year.
YETI Company 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. Further Reading 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.
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