Atria Wealth Solutions Inc. Sells 545 Shares of YETI Holdings, Inc. (NYSE:YETI)

Atria Wealth Solutions Inc. cut its position in YETI Holdings, Inc. (NYSE:YETI) by 3.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,699 shares of the company’s stock after selling 545 shares during the period. Atria Wealth Solutions Inc.’s holdings in YETI were worth $865,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC raised its holdings in shares of YETI by 27.0% in the 4th quarter. Signaturefd LLC now owns 1,732 shares of the company’s stock worth $90,000 after acquiring an additional 368 shares during the last quarter. Skandinaviska Enskilda Banken AB publ purchased a new stake in shares of YETI in the third quarter worth approximately $121,000. Americana Partners LLC bought a new position in shares of YETI in the fourth quarter valued at approximately $209,000. Clear Harbor Asset Management LLC purchased a new position in shares of YETI during the fourth quarter valued at approximately $207,000. Finally, Waldron Private Wealth LLC bought a new stake in YETI during the fourth quarter worth $209,000.

Analyst Ratings Changes

YETI has been the topic of several recent analyst reports. Stifel Nicolaus dropped their price objective on YETI from $43.00 to $41.00 and set a “hold” rating on the stock in a research note on Friday, February 16th. B. Riley cut their price target on shares of YETI from $42.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday, April 25th. Raymond James reduced their price objective on shares of YETI from $55.00 to $48.00 and set an “outperform” rating for the company in a research report on Friday, February 16th. Canaccord Genuity Group dropped their target price on shares of YETI from $41.00 to $40.00 and set a “hold” rating on the stock in a research report on Friday, April 5th. Finally, KeyCorp upped their target price on YETI from $33.00 to $36.00 and gave the company an “underweight” rating in a report on Friday, January 12th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $48.00.

YETI Trading Up 0.6 %

YETI stock opened at $34.61 on Friday. The stock has a market cap of $2.95 billion, a P/E ratio of 17.75, a PEG ratio of 1.35 and a beta of 2.26. YETI Holdings, Inc. has a fifty-two week low of $33.88 and a fifty-two week high of $54.15. The firm’s fifty day moving average price is $37.88 and its 200-day moving average price is $42.45. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.45 and a current ratio of 2.30.

YETI (NYSE:YETI) last announced its earnings results on Thursday, February 15th. The company reported $0.90 earnings per share (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 net margin of 10.24% and a return on equity of 27.99%. The company’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.75 earnings per share. Equities research analysts forecast that YETI Holdings, Inc. will post 2.27 earnings per share for the current fiscal year.

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.