45,105 Shares in YETI Holdings, Inc. (NYSE:YETI) Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of YETI Holdings, Inc. (NYSE:YETI - Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 45,105 shares of the company's stock, valued at approximately $1,493,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.05% of YETI as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of YETI. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of YETI in the first quarter valued at approximately $34,000. Aster Capital Management DIFC Ltd bought a new position in YETI during the 4th quarter valued at $44,000. Pilgrim Partners Asia Pte Ltd purchased a new position in YETI during the 4th quarter worth $45,000. GeoWealth Management LLC bought a new stake in shares of YETI in the 4th quarter worth $48,000. Finally, LRI Investments LLC bought a new position in shares of YETI during the first quarter valued at about $65,000.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on YETI. Stifel Nicolaus reduced their price objective on shares of YETI from $40.00 to $34.00 and set a "hold" rating for the company in a research report on Thursday, April 10th. Citigroup upped their target price on YETI from $36.00 to $44.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. Morgan Stanley increased their price target on YETI from $33.00 to $34.00 and gave the company an "equal weight" rating in a research report on Friday, May 9th. Jefferies Financial Group reissued a "buy" rating and issued a $55.00 price objective on shares of YETI in a research report on Monday, May 5th. Finally, UBS Group raised their target price on YETI from $31.00 to $35.00 and gave the company a "neutral" rating in a research report on Thursday, July 17th. Ten research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $39.47.

YETI Price Performance

Shares of NYSE:YETI opened at $36.72 on Friday. The firm has a market capitalization of $3.04 billion, a PE ratio of 17.65, a P/E/G ratio of 3.21 and a beta of 1.85. The company has a quick ratio of 1.47, a current ratio of 2.58 and a debt-to-equity ratio of 0.09. The company has a 50-day moving average price of $32.56 and a two-hundred day moving average price of $33.04. YETI Holdings, Inc. has a twelve month low of $26.61 and a twelve month high of $45.25.

YETI (NYSE:YETI - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $0.04. YETI had a net margin of 9.59% and a return on equity of 26.48%. The business had revenue of $351.13 million for the quarter, compared to analysts' expectations of $347.72 million. During the same quarter in the previous year, the firm posted $0.34 EPS. The business's revenue for the quarter was up 2.8% compared to the same quarter last year. Equities analysts forecast that YETI Holdings, Inc. will post 2.57 EPS for the current year.

About YETI

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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