YETI Holdings, Inc. (NYSE:YETI) Shares Purchased by Russell Investments Group Ltd.

Russell Investments Group Ltd. raised its stake in YETI Holdings, Inc. (NYSE:YETI) by 57.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 260,569 shares of the company’s stock after buying an additional 94,957 shares during the period. Russell Investments Group Ltd. owned approximately 0.31% of YETI worth $10,039,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. FMR LLC boosted its stake in YETI by 56.2% in the 3rd quarter. FMR LLC now owns 12,037 shares of the company’s stock worth $494,000 after purchasing an additional 4,329 shares during the period. Captrust Financial Advisors boosted its position in shares of YETI by 5.5% in the third quarter. Captrust Financial Advisors now owns 9,472 shares of the company’s stock worth $389,000 after buying an additional 496 shares during the period. Stifel Financial Corp grew its holdings in shares of YETI by 42.5% during the third quarter. Stifel Financial Corp now owns 19,219 shares of the company’s stock valued at $789,000 after buying an additional 5,731 shares in the last quarter. Y Intercept Hong Kong Ltd raised its position in YETI by 246.1% during the third quarter. Y Intercept Hong Kong Ltd now owns 20,789 shares of the company’s stock valued at $853,000 after buying an additional 14,782 shares during the period. Finally, Geode Capital Management LLC lifted its stake in YETI by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,427,191 shares of the company’s stock worth $58,573,000 after acquiring an additional 7,382 shares in the last quarter.

YETI Trading Up 0.4 %

Shares of YETI stock opened at $29.17 on Friday. YETI Holdings, Inc. has a 12 month low of $26.66 and a 12 month high of $45.25. The company has a market cap of $2.41 billion, a PE ratio of 14.16, a price-to-earnings-growth ratio of 1.05 and a beta of 2.04. The company has a quick ratio of 1.36, a current ratio of 2.18 and a debt-to-equity ratio of 0.10. The business’s 50 day moving average is $34.30 and its two-hundred day moving average is $37.50.

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

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. KeyCorp dropped their target price on YETI from $36.00 to $35.00 and set an “underweight” rating on the stock in a report on Wednesday, January 8th. Robert W. Baird dropped their price objective on shares of YETI from $50.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday. Morgan Stanley decreased their target price on shares of YETI from $48.00 to $45.00 and set an “equal weight” rating for the company in a research note on Friday, February 14th. UBS Group dropped their price target on shares of YETI from $44.00 to $43.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Finally, Canaccord Genuity Group reduced their price objective on YETI from $44.00 to $42.00 and set a “hold” rating for the company in a research report on Friday, February 14th. One analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $44.00.

About YETI

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.