902 Shares in YETI Holdings, Inc. (NYSE:YETI) Purchased by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC purchased a new position in shares of YETI Holdings, Inc. (NYSE:YETIFree Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 902 shares of the company’s stock, valued at approximately $35,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sachetta LLC purchased a new position in YETI during the fourth quarter worth about $53,000. Principal Securities Inc. purchased a new position in YETI during the fourth quarter worth about $74,000. Signaturefd LLC boosted its holdings in YETI by 27.0% during the fourth quarter. Signaturefd LLC now owns 1,732 shares of the company’s stock worth $90,000 after purchasing an additional 368 shares during the last quarter. Scarborough Advisors LLC purchased a new position in YETI during the fourth quarter worth about $100,000. Finally, Pineridge Advisors LLC purchased a new position in YETI during the fourth quarter worth about $110,000.

YETI Stock Performance

NYSE YETI opened at $36.33 on Wednesday. The company’s 50 day moving average is $39.35 and its 200-day moving average is $40.90. YETI Holdings, Inc. has a 12-month low of $33.88 and a 12-month high of $54.15. The company has a quick ratio of 1.14, a current ratio of 2.35 and a debt-to-equity ratio of 0.12. The firm has a market cap of $3.10 billion, a P/E ratio of 18.07, a price-to-earnings-growth ratio of 1.14 and a beta of 2.14.

YETI (NYSE:YETIGet Free Report) last posted its earnings results on Thursday, May 9th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.07. The business had revenue of $341.39 million for the quarter, compared to analyst estimates of $333.79 million. YETI had a net margin of 10.32% and a return on equity of 28.81%. Sell-side analysts predict that YETI Holdings, Inc. will post 2.35 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. TD Cowen boosted their target price on shares of YETI from $38.00 to $43.00 and gave the company a “hold” rating in a research note on Friday, May 10th. William Blair reiterated an “outperform” rating on shares of YETI in a research note on Wednesday, May 1st. Canaccord Genuity Group boosted their target price on shares of YETI from $40.00 to $42.00 and gave the company a “hold” rating in a research note on Friday, May 10th. Raymond James boosted their target price on shares of YETI from $48.00 to $49.00 and gave the company an “outperform” rating in a research note on Friday, May 10th. Finally, Roth Mkm dropped their target price on shares of YETI from $43.00 to $42.00 and set a “neutral” rating on the stock in a research note on Friday, May 10th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $46.80.

Read Our Latest Research Report on YETI

About YETI

(Free Report)

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.

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Institutional Ownership by Quarter for YETI (NYSE:YETI)

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