Knights of Columbus Asset Advisors LLC Increases Stock Position in YETI Holdings, Inc. (NYSE:YETI)

Knights of Columbus Asset Advisors LLC lifted its stake in YETI Holdings, Inc. (NYSE:YETI - Free Report) by 149.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 146,307 shares of the company's stock after acquiring an additional 87,663 shares during the quarter. Knights of Columbus Asset Advisors LLC owned approximately 0.17% of YETI worth $7,576,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Gotham Asset Management LLC raised its position in YETI by 41.4% in the third quarter. Gotham Asset Management LLC now owns 122,399 shares of the company's stock worth $5,902,000 after purchasing an additional 35,822 shares in the last quarter. Aigen Investment Management LP acquired a new position in YETI in the third quarter worth about $1,286,000. Invesco Ltd. raised its position in YETI by 13.9% in the third quarter. Invesco Ltd. now owns 215,216 shares of the company's stock worth $10,378,000 after purchasing an additional 26,262 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in shares of YETI by 393.3% during the third quarter. Qube Research & Technologies Ltd now owns 146,857 shares of the company's stock worth $7,081,000 after buying an additional 117,089 shares in the last quarter. Finally, D.A. Davidson & CO. acquired a new stake in shares of YETI during the third quarter worth approximately $2,901,000.

YETI Stock Performance

Shares of YETI stock traded up $0.30 during midday trading on Friday, hitting $37.30. 810,606 shares of the company were exchanged, compared to its average volume of 1,602,921. The firm has a market capitalization of $3.18 billion, a P/E ratio of 19.12, a PEG ratio of 1.45 and a beta of 2.29. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.45 and a current ratio of 2.30. The firm's 50 day moving average price is $39.20 and its two-hundred day moving average price is $42.87. YETI Holdings, Inc. has a 52 week low of $34.70 and a 52 week high of $54.15.

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

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Canaccord Genuity Group dropped 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. B. Riley reaffirmed a "neutral" rating and set a $42.00 price objective on shares of YETI in a report on Friday, February 16th. Raymond James dropped their price objective on shares of YETI from $55.00 to $48.00 and set an "outperform" rating for the company in a report on Friday, February 16th. Canaccord Genuity Group cut shares of YETI from a "buy" rating to a "hold" rating and increased their price target for the company from $49.00 to $50.00 in a research note on Thursday, January 4th. Finally, Stifel Nicolaus decreased their price target on shares of YETI from $43.00 to $41.00 and set a "hold" rating on the stock in a research note on Friday, February 16th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $48.29.

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.