32,594 Shares in YETI Holdings, Inc. (NYSE:YETI) Acquired by Fox Run Management L.L.C.

Fox Run Management L.L.C. bought a new stake in YETI Holdings, Inc. (NYSE:YETI) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 32,594 shares of the company’s stock, valued at approximately $1,255,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Allworth Financial LP increased its holdings in shares of YETI by 237.1% during the 4th quarter. Allworth Financial LP now owns 664 shares of the company’s stock worth $25,000 after buying an additional 467 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in YETI in the third quarter worth approximately $38,000. Blue Trust Inc. increased its stake in YETI by 38.4% during the fourth quarter. Blue Trust Inc. now owns 1,200 shares of the company’s stock worth $49,000 after acquiring an additional 333 shares during the last quarter. Jones Financial Companies Lllp raised its position in YETI by 22.5% in the fourth quarter. Jones Financial Companies Lllp now owns 1,526 shares of the company’s stock valued at $59,000 after purchasing an additional 280 shares during the period. Finally, Versant Capital Management Inc lifted its stake in shares of YETI by 364.3% in the 4th quarter. Versant Capital Management Inc now owns 1,885 shares of the company’s stock valued at $73,000 after purchasing an additional 1,479 shares during the last quarter.

YETI Stock Up 0.3 %

Shares of NYSE YETI opened at $34.79 on Friday. YETI Holdings, Inc. has a 12-month low of $31.48 and a 12-month high of $45.25. The stock has a market cap of $2.87 billion, a P/E ratio of 16.89, a PEG ratio of 1.05 and a beta of 2.15. The company has a current ratio of 2.18, a quick ratio of 1.36 and a debt-to-equity ratio of 0.10. The business’s fifty day simple moving average is $36.38 and its 200-day simple moving average is $38.34.

YETI (NYSE:YETI) last posted its quarterly earnings results 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). YETI had a net margin of 9.60% and a return on equity of 28.23%. The company had revenue of $555.37 million during the quarter, compared to analyst estimates of $554.08 million. As a group, equities analysts predict that YETI Holdings, Inc. will post 2.57 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on YETI shares. Canaccord Genuity Group cut 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. Stifel Nicolaus dropped their price target on shares of YETI from $45.00 to $40.00 and set a “hold” rating for the company in a research report on Friday, February 14th. Morgan Stanley decreased their price objective 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. UBS Group lowered their price objective on shares of YETI from $44.00 to $43.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Finally, KeyCorp cut their target price on YETI from $36.00 to $35.00 and set an “underweight” rating on the stock in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, YETI presently has an average rating of “Hold” and an average price target of $44.77.

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.