69,439 Shares in YETI Holdings, Inc. (NYSE:YETI) Purchased by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in YETI Holdings, Inc. (NYSE:YETI) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 69,439 shares of the company’s stock, valued at approximately $2,849,000. B. Metzler seel. Sohn & Co. Holding AG owned approximately 0.08% of YETI as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. V Square Quantitative Management LLC acquired a new position in shares of YETI in the third quarter valued at $26,000. Crewe Advisors LLC acquired a new position in shares of YETI in the 1st quarter valued at $27,000. Versant Capital Management Inc lifted its holdings in shares of YETI by 571.8% during the 2nd quarter. Versant Capital Management Inc now owns 833 shares of the company’s stock worth $32,000 after acquiring an additional 709 shares during the period. Blue Trust Inc. boosted its position in shares of YETI by 265.8% during the 3rd quarter. Blue Trust Inc. now owns 867 shares of the company’s stock valued at $33,000 after acquiring an additional 630 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new stake in YETI in the second quarter valued at about $42,000.

YETI Stock Down 2.1 %

Shares of NYSE:YETI opened at $37.23 on Thursday. The company has a 50 day moving average price of $38.94 and a two-hundred day moving average price of $39.34. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.45 and a current ratio of 2.58. The company has a market capitalization of $3.16 billion, a PE ratio of 15.98, a PEG ratio of 1.09 and a beta of 2.12. YETI Holdings, Inc. has a 52 week low of $33.41 and a 52 week high of $54.15.

Analyst Ratings Changes

Several research firms recently commented on YETI. Bank of America downgraded YETI from a “buy” rating to a “neutral” rating and cut their target price for the stock from $55.00 to $40.00 in a research report on Wednesday, November 6th. Roth Mkm lifted their price objective on YETI from $42.00 to $43.00 and gave the company a “neutral” rating in a research report on Friday, August 9th. B. Riley increased their target price on YETI from $38.00 to $45.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. Piper Sandler reaffirmed an “overweight” rating and issued a $54.00 price target (down from $55.00) on shares of YETI in a report on Friday, November 8th. Finally, Citigroup decreased their price objective on shares of YETI from $49.00 to $47.00 and set a “buy” rating on the stock in a report on Monday, August 5th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $45.46.

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.