YETI Holdings, Inc. (NYSE:YETI) Shares Sold by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA reduced its holdings in YETI Holdings, Inc. (NYSE:YETI - Free Report) by 49.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,763 shares of the company's stock after selling 22,387 shares during the period. Union Bancaire Privee UBP SA's holdings in YETI were worth $773,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in YETI. Allworth Financial LP boosted its holdings in shares of YETI by 237.1% in the 4th quarter. Allworth Financial LP now owns 664 shares of the company's stock valued at $25,000 after acquiring an additional 467 shares during the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in YETI during the fourth quarter worth $44,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in YETI during the fourth quarter worth $45,000. GeoWealth Management LLC purchased a new stake in YETI during the fourth quarter worth $48,000. Finally, Jones Financial Companies Lllp boosted its holdings in YETI by 22.5% during the fourth quarter. Jones Financial Companies Lllp now owns 1,526 shares of the company's stock worth $59,000 after buying an additional 280 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on YETI shares. Stifel Nicolaus lowered their price target on shares of YETI from $40.00 to $34.00 and set a "hold" rating on the stock in a report on Thursday, April 10th. Robert W. Baird lowered their price target on shares of YETI from $50.00 to $40.00 and set an "outperform" rating on the stock in a report on Friday, April 11th. UBS Group lowered their price target on shares of YETI from $43.00 to $31.00 and set a "neutral" rating on the stock in a report on Thursday, April 17th. Morgan Stanley increased their price target on shares of YETI from $33.00 to $34.00 and gave the stock an "equal weight" rating in a report on Friday, May 9th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a $55.00 price objective on shares of YETI in a report on Monday, May 5th. Ten analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, YETI presently has a consensus rating of "Hold" and a consensus price target of $39.40.

YETI Price Performance

Shares of NYSE YETI traded up $0.51 during mid-day trading on Monday, reaching $30.51. The company's stock had a trading volume of 2,189,264 shares, compared to its average volume of 1,798,344. The stock has a 50-day moving average of $29.87 and a two-hundred day moving average of $34.53. The stock has a market capitalization of $2.53 billion, a P/E ratio of 14.81, a P/E/G ratio of 1.05 and a beta of 1.88. 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 Holdings, Inc. has a 1-year low of $26.61 and a 1-year high of $45.25.

YETI (NYSE:YETI - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.04. The business had revenue of $351.13 million during the quarter, compared to analysts' expectations of $347.72 million. YETI had a net margin of 9.60% and a return on equity of 28.23%. The company's quarterly revenue was up 2.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.34 earnings per share. On average, equities research analysts anticipate that YETI Holdings, Inc. will post 2.57 EPS for the current fiscal 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.