YETI Holdings, Inc. (NYSE:YETI) Shares Acquired by Tidal Investments LLC

Tidal Investments LLC grew its stake in YETI Holdings, Inc. (NYSE:YETI - Free Report) by 58.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,845 shares of the company's stock after acquiring an additional 10,287 shares during the quarter. Tidal Investments LLC's holdings in YETI were worth $1,072,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in YETI. Tenzing Global Management LLC lifted its stake in shares of YETI by 56.0% during the fourth quarter. Tenzing Global Management LLC now owns 195,000 shares of the company's stock valued at $7,509,000 after buying an additional 70,000 shares during the period. Teza Capital Management LLC acquired a new position in YETI in the 4th quarter valued at $782,000. Toronto Dominion Bank lifted its stake in shares of YETI by 24.9% during the 4th quarter. Toronto Dominion Bank now owns 18,267 shares of the company's stock worth $703,000 after purchasing an additional 3,643 shares during the period. Quantinno Capital Management LP boosted its holdings in shares of YETI by 206.9% during the fourth quarter. Quantinno Capital Management LP now owns 183,539 shares of the company's stock worth $7,068,000 after purchasing an additional 123,728 shares during the last quarter. Finally, Nomura Holdings Inc. grew its position in shares of YETI by 595.8% in the fourth quarter. Nomura Holdings Inc. now owns 595,154 shares of the company's stock valued at $22,919,000 after purchasing an additional 509,616 shares during the period.

Wall Street Analyst Weigh In

YETI has been the topic of a number of research analyst reports. UBS Group decreased their price target on YETI from $43.00 to $31.00 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. The Goldman Sachs Group decreased their target price on shares of YETI from $41.00 to $29.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 22nd. Robert W. Baird lowered 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. KeyCorp raised shares of YETI from an "underweight" rating to a "sector weight" rating in a research note on Thursday, April 17th. Finally, Stifel Nicolaus lowered their price objective on shares of YETI from $40.00 to $34.00 and set a "hold" rating for the company in a research note on Thursday, April 10th. Ten analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $39.40.

YETI Stock Up 3.5%

NYSE:YETI traded up $1.04 during mid-day trading on Thursday, hitting $30.48. The company had a trading volume of 2,223,128 shares, compared to its average volume of 2,107,347. The business has a fifty day simple moving average of $30.00 and a 200-day simple moving average of $35.34. The firm has a market capitalization of $2.52 billion, a price-to-earnings ratio of 14.80, a PEG ratio of 1.05 and a beta of 1.91. YETI Holdings, Inc. has a 1 year low of $26.61 and a 1 year high of $45.25. 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 (NYSE:YETI - Get Free Report) last posted 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. The business had revenue of $351.13 million during the quarter, compared to analyst estimates of $347.72 million. YETI had a return on equity of 28.23% and a net margin of 9.60%. The company's revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.34 earnings per share. Equities analysts forecast that YETI Holdings, Inc. will post 2.57 earnings per share for the current fiscal 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.