27,243 Shares in YETI Holdings, Inc. (NYSE:YETI) Acquired by Harvest Investment Services LLC

Harvest Investment Services LLC acquired a new position in shares of YETI Holdings, Inc. (NYSE:YETI - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 27,243 shares of the company's stock, valued at approximately $1,049,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of YETI. Wasatch Advisors LP increased its position in YETI by 0.9% during the 4th quarter. Wasatch Advisors LP now owns 5,529,046 shares of the company's stock valued at $212,924,000 after buying an additional 51,443 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of YETI by 15.9% during 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 during the last quarter. Dimensional Fund Advisors LP lifted its position in YETI by 1.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,501,170 shares of the company's stock valued at $57,812,000 after acquiring an additional 22,123 shares in the last quarter. Congress Asset Management Co. boosted its stake in YETI by 5.6% during the 4th quarter. Congress Asset Management Co. now owns 1,131,060 shares of the company's stock valued at $43,557,000 after purchasing an additional 60,407 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of YETI in the 4th quarter worth $36,778,000.

Wall Street Analyst Weigh In

YETI has been the subject of a number of recent analyst reports. KeyCorp raised YETI from an "underweight" rating to a "sector weight" rating in a research report on Thursday, April 17th. Canaccord Genuity Group cut their price objective on YETI from $44.00 to $42.00 and set a "hold" rating for the company in a report on Friday, February 14th. The Goldman Sachs Group lowered their target price on YETI from $41.00 to $29.00 and set a "neutral" rating on the stock in a report on Tuesday, April 22nd. UBS Group cut their price target on YETI from $43.00 to $31.00 and set a "neutral" rating for the company in a research note on Thursday, April 17th. Finally, Robert W. Baird lowered their price objective on shares of YETI from $50.00 to $40.00 and set an "outperform" rating on the stock in a research note on Friday, April 11th. Ten analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $42.20.

YETI Price Performance

Shares of NYSE YETI traded down $0.20 during mid-day trading on Friday, hitting $28.84. 1,432,102 shares of the company's stock traded hands, compared to its average volume of 1,682,825. The company has a market capitalization of $2.39 billion, a P/E ratio of 14.00, a PEG ratio of 1.05 and a beta of 2.04. YETI Holdings, Inc. has a 1 year low of $26.61 and a 1 year high of $45.25. 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's 50-day moving average is $32.43 and its two-hundred day moving average is $36.61.

YETI (NYSE:YETI - Get Free Report) last posted 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 during the quarter, compared to the consensus estimate of $554.08 million. YETI had a net margin of 9.60% and a return on equity of 28.23%. On average, equities analysts anticipate that YETI Holdings, Inc. will post 2.57 EPS for the current fiscal year.

YETI 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.