Dimensional Fund Advisors LP Boosts Holdings in YETI Holdings, Inc. (NYSE:YETI)

Dimensional Fund Advisors LP boosted its position in shares of YETI Holdings, Inc. (NYSE:YETI - Free Report) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,501,170 shares of the company's stock after buying an additional 22,123 shares during the period. Dimensional Fund Advisors LP owned 1.77% of YETI worth $57,812,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Norges Bank acquired a new stake in shares of YETI during the fourth quarter worth $36,778,000. Wellington Management Group LLP increased its holdings in YETI by 15.9% in the fourth quarter. Wellington Management Group LLP now owns 3,560,485 shares of the company's stock valued at $137,114,000 after buying an additional 489,063 shares in the last quarter. Clearbridge Investments LLC acquired a new stake in shares of YETI during the 4th quarter valued at approximately $10,767,000. Loomis Sayles & Co. L P acquired a new stake in shares of YETI in the 4th quarter worth approximately $9,060,000. Finally, Swedbank AB purchased a new position in YETI in the 4th quarter valued at approximately $7,702,000.

Analyst Upgrades and Downgrades

Several analysts have weighed in on YETI shares. KeyCorp raised YETI from an "underweight" rating to a "sector weight" rating in a report on Thursday, April 17th. Robert W. Baird dropped their target price on shares of YETI from $50.00 to $40.00 and set an "outperform" rating for the company in a report on Friday, April 11th. The Goldman Sachs Group reduced their price target on shares of YETI from $41.00 to $29.00 and set a "neutral" rating on the stock in a report on Tuesday, April 22nd. UBS Group dropped their price objective on shares of YETI from $43.00 to $31.00 and set a "neutral" rating for the company in a research note on Thursday, April 17th. Finally, Stifel Nicolaus reduced their target price on YETI from $40.00 to $34.00 and set a "hold" rating on the stock in a research note on Thursday, April 10th. Ten investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $42.20.

YETI Price Performance

YETI opened at $28.39 on Friday. YETI Holdings, Inc. has a 1 year low of $26.61 and a 1 year high of $45.25. The company's 50 day simple moving average is $31.76 and its 200 day simple moving average is $36.28. The stock has a market capitalization of $2.35 billion, a PE ratio of 13.78, 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 quick ratio of 1.36 and a current ratio of 2.18.

YETI (NYSE:YETI - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by ($0.06). The company had revenue of $555.37 million for the quarter, compared to analysts' expectations of $554.08 million. YETI had a net margin of 9.60% and a return on equity of 28.23%. As a group, sell-side analysts expect that YETI Holdings, Inc. will post 2.57 EPS for the current year.

YETI Company 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.

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