10,021 Shares in YETI Holdings, Inc. (NYSE:YETI) Acquired by AlphaCrest Capital Management LLC

AlphaCrest Capital Management LLC acquired a new position in YETI Holdings, Inc. (NYSE:YETI – Get Rating) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 10,021 shares of the company’s stock, valued at approximately $286,000.

A number of other large investors also recently bought and sold shares of YETI. CWM LLC raised its stake in YETI by 74.5% in the third quarter. CWM LLC now owns 1,591 shares of the company’s stock worth $45,000 after buying an additional 679 shares in the last quarter. Global Wealth Management Investment Advisory Inc. raised its stake in YETI by 67.0% in the first quarter. Global Wealth Management Investment Advisory Inc. now owns 748 shares of the company’s stock worth $45,000 after buying an additional 300 shares in the last quarter. US Bancorp DE raised its stake in YETI by 35.4% in the third quarter. US Bancorp DE now owns 1,730 shares of the company’s stock worth $49,000 after buying an additional 452 shares in the last quarter. Quadrant Capital Group LLC raised its stake in YETI by 17.5% in the third quarter. Quadrant Capital Group LLC now owns 2,035 shares of the company’s stock worth $58,000 after buying an additional 303 shares in the last quarter. Finally, SeaCrest Wealth Management LLC bought a new position in YETI in the second quarter worth approximately $61,000. Institutional investors own 94.24% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Credit Suisse Group reduced their price target on YETI from $62.00 to $55.00 and set an “outperform” rating on the stock in a research report on Friday, February 24th. Morgan Stanley reduced their price target on YETI from $52.00 to $47.00 and set an “equal weight” rating on the stock in a research report on Monday, February 27th. Raymond James reduced their price target on YETI from $55.00 to $45.00 and set an “outperform” rating on the stock in a research report on Friday, February 24th. Canaccord Genuity Group assumed coverage on YETI in a research report on Wednesday, November 16th. They set a “buy” rating and a $58.00 price target on the stock. Finally, The Goldman Sachs Group downgraded YETI from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $51.00 to $43.00 in a research report on Friday, February 24th. Eight equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, YETI presently has an average rating of “Moderate Buy” and a consensus price target of $55.00.

YETI Stock Down 1.1 %

Shares of NYSE YETI opened at $37.24 on Friday. The company has a 50 day simple moving average of $42.09 and a 200-day simple moving average of $38.70. The company has a market capitalization of $3.22 billion, a P/E ratio of 36.51, a P/E/G ratio of 1.41 and a beta of 2.50. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.76 and a quick ratio of 0.85. YETI Holdings, Inc. has a 1 year low of $27.86 and a 1 year high of $65.46.

YETI Profile

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YETI Holdings, Inc engages in the design, marketing, and distribution of products for the outdoor and recreation market. Its products include coolers, drinkware, travel bags, backpacks, multipurpose buckets, outdoor chairs, blankets, dog bowls, apparel, and accessories. The company was founded by Roy J.