75,315 Shares in YETI Holdings, Inc. (NYSE:YETI) Bought by Gotham Asset Management LLC

Gotham Asset Management LLC bought a new stake in shares of YETI Holdings, Inc. (NYSE:YETI - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 75,315 shares of the company's stock, valued at approximately $2,900,000. Gotham Asset Management LLC owned 0.09% of YETI at the end of the most recent reporting period.

Several other large investors have also modified their holdings of YETI. Allworth Financial LP raised its stake 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 acquiring an additional 467 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new position in shares of YETI in the fourth quarter valued at about $44,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of YETI in the fourth quarter worth about $45,000. GeoWealth Management LLC acquired a new stake in shares of YETI during the fourth quarter worth about $48,000. Finally, Blue Trust Inc. lifted its holdings in shares of 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 purchasing an additional 333 shares during the period.

Analyst Ratings Changes

Several research firms recently commented on YETI. KeyCorp raised YETI from an "underweight" rating to a "sector weight" rating in a report on Thursday, April 17th. Canaccord Genuity Group dropped their price target on YETI from $44.00 to $42.00 and set a "hold" rating for the company in a research report on Friday, February 14th. Piper Sandler decreased their price target on YETI from $52.00 to $38.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. Morgan Stanley boosted their price target on shares of YETI from $33.00 to $34.00 and gave the stock an "equal weight" rating in a research note on Friday, May 9th. Finally, 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. Ten research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, YETI currently has a consensus rating of "Hold" and a consensus target price of $39.40.

YETI Price Performance

YETI stock traded down $0.76 during mid-day trading on Wednesday, hitting $30.55. 383,374 shares of the company were exchanged, compared to its average volume of 1,736,273. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.18 and a quick ratio of 1.36. The company has a market capitalization of $2.53 billion, a P/E ratio of 14.84, a PEG ratio of 1.05 and a beta of 1.91. YETI Holdings, Inc. has a 12-month low of $26.61 and a 12-month high of $45.25. The business's 50 day simple moving average is $30.51 and its two-hundred day simple moving average is $35.65.

YETI (NYSE:YETI - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.04. The company had revenue of $351.13 million for 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 firm's revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period last year, the company earned $0.34 EPS. Analysts forecast that YETI Holdings, Inc. will post 2.57 earnings per share 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.