YETI Holdings, Inc. (NYSE:YETI) Shares Sold by Strs Ohio

Strs Ohio decreased its holdings in YETI Holdings, Inc. (NYSE:YETI - Free Report) by 23.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 314,465 shares of the company's stock after selling 94,322 shares during the period. Strs Ohio owned approximately 0.36% of YETI worth $16,282,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in YETI. Gotham Asset Management LLC boosted its position in YETI by 41.4% during the 3rd quarter. Gotham Asset Management LLC now owns 122,399 shares of the company's stock valued at $5,902,000 after buying an additional 35,822 shares during the period. Aigen Investment Management LP purchased a new stake in YETI during the 3rd quarter valued at $1,286,000. Invesco Ltd. boosted its position in YETI by 13.9% during the 3rd quarter. Invesco Ltd. now owns 215,216 shares of the company's stock valued at $10,378,000 after buying an additional 26,262 shares during the period. Qube Research & Technologies Ltd boosted its position in YETI by 393.3% during the 3rd quarter. Qube Research & Technologies Ltd now owns 146,857 shares of the company's stock valued at $7,081,000 after buying an additional 117,089 shares during the period. Finally, D.A. Davidson & CO. bought a new position in YETI in the 3rd quarter worth $2,901,000.

Analyst Ratings Changes

Several research analysts have commented on the stock. Canaccord Genuity Group decreased their price objective on shares of YETI from $41.00 to $40.00 and set a "hold" rating for the company in a report on Friday, April 5th. KeyCorp upped their price objective on shares of YETI from $33.00 to $36.00 and gave the stock an "underweight" rating in a report on Friday, January 12th. Canaccord Genuity Group lowered shares of YETI from a "buy" rating to a "hold" rating and upped their price objective for the stock from $49.00 to $50.00 in a report on Thursday, January 4th. Stifel Nicolaus decreased their price objective on shares of YETI from $43.00 to $41.00 and set a "hold" rating for the company in a report on Friday, February 16th. Finally, B. Riley restated a "neutral" rating and issued a $42.00 price objective on shares of YETI in a report on Friday, February 16th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $48.29.

YETI Stock Down 1.7 %

NYSE:YETI traded down $0.66 on Wednesday, reaching $37.06. 1,806,884 shares of the stock traded hands, compared to its average volume of 1,616,002. The company's fifty day simple moving average is $39.50 and its 200 day simple moving average is $42.95. The company has a current ratio of 2.30, a quick ratio of 1.45 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $3.16 billion, a price-to-earnings ratio of 18.99, a PEG ratio of 1.47 and a beta of 2.29. YETI Holdings, Inc. has a 12 month low of $34.70 and a 12 month high of $54.15.

YETI (NYSE:YETI - Get Free Report) last announced its quarterly earnings results on Thursday, February 15th. The company reported $0.90 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.96 by ($0.06). The company had revenue of $519.79 million for the quarter, compared to analysts' expectations of $535.99 million. YETI had a net margin of 10.24% and a return on equity of 27.99%. The business's revenue was up 16.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.75 EPS. Equities analysts predict that YETI Holdings, Inc. will post 2.27 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.