Chatham Capital Group Inc. Has $1.89 Million Stock Holdings in YETI Holdings, Inc. (NYSE:YETI)

Chatham Capital Group Inc. raised its holdings in YETI Holdings, Inc. (NYSE:YETI) by 11.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,959 shares of the company’s stock after acquiring an additional 4,935 shares during the quarter. Chatham Capital Group Inc. owned about 0.06% of YETI worth $1,887,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Sachetta LLC acquired a new stake in YETI in the fourth quarter valued at approximately $53,000. Principal Securities Inc. acquired a new stake in YETI in the fourth quarter valued at approximately $74,000. Signaturefd LLC lifted its stake in YETI by 27.0% in the fourth quarter. Signaturefd LLC now owns 1,732 shares of the company’s stock valued at $90,000 after acquiring an additional 368 shares during the last quarter. Scarborough Advisors LLC bought a new position in shares of YETI in the fourth quarter valued at approximately $100,000. Finally, Pineridge Advisors LLC bought a new position in shares of YETI in the fourth quarter valued at approximately $110,000.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Morgan Stanley lifted their price target on shares of YETI from $39.00 to $41.00 and gave the company an “equal weight” rating in a research report on Friday, May 10th. B. Riley dropped their target price on shares of YETI from $42.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, April 25th. Canaccord Genuity Group boosted their target price on shares of YETI from $40.00 to $42.00 and gave the stock a “hold” rating in a research report on Friday, May 10th. 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 report on Friday, May 10th. Finally, Raymond James boosted their target price on shares of YETI from $48.00 to $49.00 and gave the stock an “outperform” rating in a research report on Friday, May 10th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $46.80.

YETI Price Performance

Shares of NYSE:YETI traded down $1.16 on Friday, hitting $38.15. The stock had a trading volume of 3,604,072 shares, compared to its average volume of 1,269,072. YETI Holdings, Inc. has a twelve month low of $33.88 and a twelve month high of $54.15. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.14 and a current ratio of 2.35. The firm’s 50 day moving average price is $39.21 and its 200-day moving average price is $41.70. The company has a market capitalization of $3.25 billion, a price-to-earnings ratio of 18.98, a price-to-earnings-growth ratio of 1.15 and a beta of 2.19.

YETI (NYSE:YETI) last issued its earnings results on Thursday, May 9th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.19 by $0.07. The company had revenue of $341.39 million for the quarter, compared to the consensus estimate of $333.79 million. YETI had a net margin of 10.32% and a return on equity of 28.81%. On average, equities research analysts predict that YETI Holdings, Inc. will post 2.35 earnings per share for the current year.

YETI 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.