YETI Holdings, Inc. (NYSE:YETI) Shares Sold by UBS Group AG

UBS Group AG decreased its position in YETI Holdings, Inc. (NYSE:YETI – Get Rating) by 31.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 209,037 shares of the company’s stock after selling 97,422 shares during the quarter. UBS Group AG owned 0.24% of YETI worth $8,635,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Bank of Montreal Can boosted its stake in shares of YETI by 2.4% during the 4th quarter. Bank of Montreal Can now owns 41,745 shares of the company’s stock valued at $1,728,000 after buying an additional 984 shares during the last quarter. Centiva Capital LP purchased a new position in shares of YETI during the 3rd quarter valued at approximately $244,000. Quantinno Capital Management LP boosted its stake in shares of YETI by 48.3% during the 3rd quarter. Quantinno Capital Management LP now owns 10,152 shares of the company’s stock valued at $290,000 after buying an additional 3,307 shares during the last quarter. Duality Advisers LP purchased a new position in shares of YETI during the 3rd quarter valued at approximately $321,000. Finally, Bell Asset Management Ltd boosted its stake in shares of YETI by 12.0% during the 3rd quarter. Bell Asset Management Ltd now owns 222,628 shares of the company’s stock valued at $6,349,000 after buying an additional 23,849 shares during the last quarter. Institutional investors and hedge funds own 94.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. KeyCorp assumed coverage on YETI in a research note on Wednesday, April 19th. They set a “sector weight” rating for the company. Credit Suisse Group reduced their price objective on YETI from $62.00 to $55.00 and set an “outperform” rating on the stock in a research note on Friday, February 24th. Morgan Stanley reduced their price objective on YETI from $52.00 to $47.00 and set an “equal weight” rating on the stock in a research note on Monday, February 27th. Canaccord Genuity Group reduced their price objective on YETI from $58.00 to $54.00 and set a “buy” rating on the stock in a research note on Friday, February 24th. Finally, The Goldman Sachs Group cut YETI from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $51.00 to $43.00 in a research note on Friday, February 24th. Eight analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $53.31.

YETI Price Performance

Shares of YETI opened at $38.14 on Wednesday. The firm has a market capitalization of $3.30 billion, a price-to-earnings ratio of 44.87, a price-to-earnings-growth ratio of 1.33 and a beta of 2.48. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.93 and a current ratio of 1.99. YETI Holdings, Inc. has a one year low of $27.86 and a one year high of $55.15. The stock’s fifty day moving average is $39.76 and its 200-day moving average is $41.15.

YETI (NYSE:YETI – Get Rating) last issued its quarterly earnings results on Thursday, February 23rd. The company reported $0.75 EPS for the quarter, meeting analysts’ consensus estimates of $0.75. The company had revenue of $486.41 million for the quarter, compared to analyst estimates of $491.03 million. YETI had a return on equity of 33.52% and a net margin of 4.65%. Equities analysts anticipate that YETI Holdings, Inc. will post 2.01 EPS for the current year.

YETI Company Profile

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YETI Holdings, Inc engages in the design, marketing, and distribution of products for the outdoor and recreation market. Its products include coolers, drinkware, travel bags, backpacks, multipurpose buckets, outdoor chairs, blankets, dog bowls, apparel, and accessories. The company was founded by Roy J.