YETI Holdings, Inc. (NYSE:YETI) Shares Sold by Cibc World Market Inc.

Cibc World Market Inc. trimmed its position in YETI Holdings, Inc. (NYSE:YETIGet Rating) by 14.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,300 shares of the company’s stock after selling 1,068 shares during the period. Cibc World Market Inc.’s holdings in YETI were worth $273,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Spire Wealth Management acquired a new position in shares of YETI during the 2nd quarter worth approximately $27,000. Cordasco Financial Network boosted its holdings in shares of YETI by 333.3% during the 2nd quarter. Cordasco Financial Network now owns 650 shares of the company’s stock worth $28,000 after purchasing an additional 500 shares during the last quarter. Signaturefd LLC boosted its holdings in shares of YETI by 61.4% during the 1st quarter. Signaturefd LLC now owns 581 shares of the company’s stock worth $35,000 after purchasing an additional 221 shares during the last quarter. Lindbrook Capital LLC boosted its holdings in shares of YETI by 3,654.5% during the 2nd quarter. Lindbrook Capital LLC now owns 826 shares of the company’s stock worth $36,000 after purchasing an additional 804 shares during the last quarter. Finally, CWM LLC boosted its holdings in shares of YETI by 71.8% during the 2nd quarter. CWM LLC now owns 912 shares of the company’s stock worth $39,000 after purchasing an additional 381 shares during the last quarter. 99.64% of the stock is currently owned by institutional investors and hedge funds.

YETI Stock Down 0.1 %

Shares of NYSE YETI opened at $41.04 on Thursday. YETI Holdings, Inc. has a 52-week low of $27.86 and a 52-week high of $98.58. The business’s 50 day moving average is $33.48 and its two-hundred day moving average is $40.50. The company has a quick ratio of 0.74, a current ratio of 2.34 and a debt-to-equity ratio of 0.14. The firm has a market cap of $3.54 billion, a price-to-earnings ratio of 19.00, a PEG ratio of 1.24 and a beta of 2.46.

Analyst Ratings Changes

Several brokerages have recently weighed in on YETI. Bank of America cut YETI from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $85.00 to $50.00 in a report on Thursday, August 4th. Raymond James lifted their price target on shares of YETI from $54.00 to $55.00 and gave the company an “outperform” rating in a research report on Friday, November 11th. Canaccord Genuity Group initiated coverage on shares of YETI in a research report on Thursday, November 17th. They set a “buy” rating and a $58.00 price target on the stock. Jefferies Financial Group reduced their price target on shares of YETI from $90.00 to $75.00 and set a “buy” rating on the stock in a research report on Friday, August 5th. Finally, Canaccord Genuity Group initiated coverage on shares of YETI in a research report on Wednesday, November 16th. They set a “buy” rating and a $58.00 price target on the stock. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, YETI has a consensus rating of “Moderate Buy” and a consensus price target of $59.00.

YETI Company Profile

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YETI Holdings, Inc designs, markets, retails, and distributes products for the outdoor and recreation market under the YETI brand. The company offers hard and soft coolers, as well as cargo, bags, outdoor living, and associated accessories. It also provides drinkware products, such as colsters, lowballs, wine tumblers, stackable pints, mugs, tumblers, bottles, and jugs, as well as accessories comprising bottle straw caps, tumbler handles, jug mounts, and bottle slings under the Rambler brand.

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Institutional Ownership by Quarter for YETI (NYSE:YETI)

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