Scientech Research LLC purchased a new stake in shares of YETI Holdings, Inc. (NYSE:YETI – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 13,962 shares of the company’s stock, valued at approximately $533,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Crewe Advisors LLC acquired a new stake in shares of YETI in the first quarter valued at $27,000. Versant Capital Management Inc lifted its position in shares of YETI by 571.8% during the second quarter. Versant Capital Management Inc now owns 833 shares of the company’s stock worth $32,000 after purchasing an additional 709 shares in the last quarter. Fidelis Capital Partners LLC bought a new stake in shares of YETI during the first quarter valued at approximately $35,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of YETI in the second quarter valued at approximately $42,000. Finally, Scarborough Advisors LLC bought a new position in YETI in the 4th quarter worth approximately $100,000.
YETI Trading Up 0.7 %
YETI opened at $40.68 on Monday. YETI Holdings, Inc. has a twelve month low of $33.88 and a twelve month high of $54.15. The firm has a market cap of $3.44 billion, a PE ratio of 20.24, a price-to-earnings-growth ratio of 1.18 and a beta of 2.11. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.22 and a current ratio of 2.29. The firm’s fifty day moving average is $39.46 and its two-hundred day moving average is $38.92.
Analyst Upgrades and Downgrades
A number of research analysts have commented on the company. Roth Mkm increased their price objective on YETI from $42.00 to $43.00 and gave the company a “neutral” rating in a research report on Friday, August 9th. B. Riley raised their price target on YETI from $38.00 to $45.00 and gave the company a “neutral” rating in a report on Friday, August 9th. Piper Sandler reissued an “overweight” rating and set a $54.00 price objective on shares of YETI in a report on Tuesday, July 30th. Jefferies Financial Group raised their target price on shares of YETI from $54.00 to $55.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. Finally, Citigroup dropped their price target on shares of YETI from $49.00 to $47.00 and set a “buy” rating for the company in a research note on Monday, August 5th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $46.43.
View Our Latest Stock Analysis on YETI
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.
Recommended Stories
- Five stocks we like better than YETI
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Simon Property REIT: A Safe Bet for Growth and Steady Dividends
- 3 Stocks to Consider Buying in October
- CarMax’s Impressive Rally: What Investors Should Watch Next
- How to Calculate Options Profits
- MarketBeat Week in Review – 9/23 – 9/27
Want to see what other hedge funds are holding YETI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for YETI Holdings, Inc. (NYSE:YETI – Free Report).
Receive News & Ratings for YETI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YETI and related companies with MarketBeat.com's FREE daily email newsletter.