YETI Holdings, Inc. (NYSE:YETI) Stock Holdings Lifted by Lazard Asset Management LLC

Lazard Asset Management LLC lifted its position in YETI Holdings, Inc. (NYSE:YETIGet Rating) by 16,693.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,206 shares of the company’s stock after acquiring an additional 5,175 shares during the period. Lazard Asset Management LLC’s holdings in YETI were worth $225,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Spire Wealth Management purchased a new position in YETI during the second quarter valued at approximately $27,000. Cordasco Financial Network grew its position in YETI by 333.3% during the second quarter. Cordasco Financial Network now owns 650 shares of the company’s stock valued at $28,000 after purchasing an additional 500 shares in the last quarter. Signaturefd LLC grew its position in YETI by 61.4% during the first quarter. Signaturefd LLC now owns 581 shares of the company’s stock valued at $35,000 after purchasing an additional 221 shares in the last quarter. Lindbrook Capital LLC grew its position in YETI by 3,654.5% during the second quarter. Lindbrook Capital LLC now owns 826 shares of the company’s stock valued at $36,000 after purchasing an additional 804 shares in the last quarter. Finally, CWM LLC lifted its stake in YETI by 71.8% in the second quarter. CWM LLC now owns 912 shares of the company’s stock valued at $39,000 after acquiring an additional 381 shares during the last quarter. 99.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on YETI shares. Raymond James lifted their target price on shares of YETI from $54.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, November 11th. Credit Suisse Group lifted their target price on shares of YETI to $62.00 in a research note on Wednesday, November 16th. Morgan Stanley reduced their target price on shares of YETI from $60.00 to $52.00 and set an “equal weight” rating for the company in a research note on Monday, August 8th. Stifel Nicolaus reduced their price objective on shares of YETI from $48.00 to $43.00 in a research note on Friday, August 5th. Finally, Bank of America cut shares of YETI from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $85.00 to $50.00 in a research note on Thursday, August 4th. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $59.00.

YETI Stock Performance

Shares of NYSE:YETI opened at $42.16 on Monday. The company has a market capitalization of $3.64 billion, a price-to-earnings ratio of 19.52, a P/E/G ratio of 1.28 and a beta of 2.46. The firm’s 50 day simple moving average is $33.23 and its 200 day simple moving average is $40.60. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.34 and a quick ratio of 0.74. YETI Holdings, Inc. has a fifty-two week low of $27.86 and a fifty-two week high of $107.10.

YETI Company Profile

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YETI Holdings, Inc designs, markets, retails, and distributes products for the outdoor and recreation market under the YETI brand. The company offers hard and soft coolers, as well as cargo, bags, outdoor living, and associated accessories. It also provides drinkware products, such as colsters, lowballs, wine tumblers, stackable pints, mugs, tumblers, bottles, and jugs, as well as accessories comprising bottle straw caps, tumbler handles, jug mounts, and bottle slings under the Rambler brand.

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Institutional Ownership by Quarter for YETI (NYSE:YETI)

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