Leeward Investments LLC MA Boosts Stock Position in YETI Holdings, Inc. (NYSE:YETI)

Leeward Investments LLC MA lifted its holdings in shares of YETI Holdings, Inc. (NYSE:YETI) by 8.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 115,660 shares of the company’s stock after buying an additional 8,656 shares during the quarter. Leeward Investments LLC MA’s holdings in YETI were worth $4,454,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of YETI. Olympiad Research LP purchased a new position in shares of YETI in the fourth quarter valued at about $351,000. Venturi Wealth Management LLC lifted its holdings in YETI by 481.8% in the 4th quarter. Venturi Wealth Management LLC now owns 2,723 shares of the company’s stock worth $105,000 after buying an additional 2,255 shares during the period. Empower Advisory Group LLC lifted its holdings in YETI by 6.4% in the 4th quarter. Empower Advisory Group LLC now owns 331,806 shares of the company’s stock worth $12,778,000 after buying an additional 19,888 shares during the period. Truist Financial Corp grew its position in shares of YETI by 304.2% in the 4th quarter. Truist Financial Corp now owns 28,501 shares of the company’s stock worth $1,098,000 after buying an additional 21,450 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of YETI during the fourth quarter valued at approximately $253,000.

Analysts Set New Price Targets

A number of analysts recently commented on the company. KeyCorp cut their price target on shares of YETI from $36.00 to $35.00 and set an “underweight” rating on the stock in a report on Wednesday, January 8th. Bank of America lowered shares of YETI from a “buy” rating to a “neutral” rating and cut their target price for the company from $55.00 to $40.00 in a research note on Wednesday, November 6th. TD Cowen reduced their price target on shares of YETI from $46.00 to $44.00 and set a “hold” rating on the stock in a research report on Monday, November 11th. UBS Group lowered their price objective on shares of YETI from $44.00 to $43.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Finally, Stifel Nicolaus reduced their target price on YETI from $45.00 to $40.00 and set a “hold” rating on the stock in a report on Friday, February 14th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, YETI presently has a consensus rating of “Hold” and an average price target of $44.77.

YETI Trading Down 0.2 %

YETI stock opened at $36.83 on Monday. YETI Holdings, Inc. has a 12 month low of $33.41 and a 12 month high of $45.25. The company has a current ratio of 2.18, a quick ratio of 1.36 and a debt-to-equity ratio of 0.10. The business’s fifty day simple moving average is $38.11 and its two-hundred day simple moving average is $39.15. The company has a market capitalization of $3.12 billion, a price-to-earnings ratio of 17.88, a price-to-earnings-growth ratio of 1.05 and a beta of 2.13.

YETI (NYSE:YETI) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.87 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.06). The firm had revenue of $555.37 million for the quarter, compared to analysts’ expectations of $554.08 million. YETI had a net margin of 9.60% and a return on equity of 28.23%. As a group, equities analysts predict that YETI Holdings, Inc. will post 2.57 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.