Barclays PLC Has $7.95 Million Stock Holdings in YETI Holdings, Inc. (NYSE:YETI)

Barclays PLC decreased its position in YETI Holdings, Inc. (NYSE:YETIFree Report) by 16.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 164,892 shares of the company’s stock after selling 33,217 shares during the period. Barclays PLC owned about 0.19% of YETI worth $7,951,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Schwartz Investment Counsel Inc. increased its stake in YETI by 39.6% in the third quarter. Schwartz Investment Counsel Inc. now owns 234,250 shares of the company’s stock valued at $11,296,000 after acquiring an additional 66,500 shares during the last quarter. Lisanti Capital Growth LLC bought a new position in YETI in the third quarter valued at $8,686,000. Private Advisor Group LLC bought a new position in shares of YETI during the third quarter valued at about $572,000. US Bancorp DE grew its stake in shares of YETI by 28.1% during the second quarter. US Bancorp DE now owns 6,820 shares of the company’s stock valued at $265,000 after buying an additional 1,498 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC bought a new position in shares of YETI during the second quarter valued at about $241,000.

Analysts Set New Price Targets

YETI has been the topic of a number of recent research reports. Stifel Nicolaus raised their price objective on YETI from $40.00 to $43.00 and gave the company a “hold” rating in a research note on Thursday, December 14th. Canaccord Genuity Group reissued a “hold” rating and issued a $50.00 target price (up from $49.00) on shares of YETI in a research note on Thursday, January 4th. KeyCorp raised their target price on YETI from $33.00 to $36.00 and gave the stock an “underweight” rating in a research note on Friday, January 12th. Finally, Canaccord Genuity Group cut YETI from a “buy” rating to a “hold” rating and raised their target price for the stock from $49.00 to $50.00 in a research note on Thursday, January 4th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $49.59.

Check Out Our Latest Analysis on YETI

YETI Stock Performance

Shares of NYSE:YETI opened at $43.52 on Thursday. The firm has a 50 day moving average of $47.35 and a 200 day moving average of $45.17. The company has a quick ratio of 1.25, a current ratio of 2.19 and a debt-to-equity ratio of 0.12. YETI Holdings, Inc. has a 52 week low of $34.70 and a 52 week high of $54.15. The company has a market capitalization of $3.78 billion, a price-to-earnings ratio of 59.62, a price-to-earnings-growth ratio of 1.84 and a beta of 2.40.

YETI (NYSE:YETIGet Free Report) last announced its quarterly earnings data on Thursday, November 9th. The company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.04. The firm had revenue of $433.56 million for the quarter, compared to analyst estimates of $426.27 million. YETI had a net margin of 4.00% and a return on equity of 29.12%. On average, sell-side analysts predict that YETI Holdings, Inc. will post 2.07 earnings per share for the current fiscal year.

YETI Company Profile

(Free Report)

YETI Holdings, Inc designs, markets, 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. The company also provides drinkware products, such as colsters, lowballs, wine tumblers, stackable pints, mugs, tumblers, straw mugs and cups, bottles, jugs, and water bottles, as well as accessories comprising bottle straw and chug caps, lids, straw lids, color packs, tumbler handles, and jug mounts under the Rambler brand.

Further Reading

Institutional Ownership by Quarter for YETI (NYSE:YETI)

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