Mutual of America Capital Management LLC Has $2 Million Stock Holdings in YETI Holdings, Inc. (NYSE:YETI)

Mutual of America Capital Management LLC cut its stake in YETI Holdings, Inc. (NYSE:YETI) by 3.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,750 shares of the company’s stock after selling 1,919 shares during the period. Mutual of America Capital Management LLC owned approximately 0.06% of YETI worth $1,995,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fidelis Capital Partners LLC acquired a new position in YETI in the 1st quarter valued at $35,000. Sachetta LLC acquired a new position in YETI in the 4th quarter valued at $53,000. Principal Securities Inc. acquired a new position in YETI in the 4th quarter valued at $74,000. Signaturefd LLC raised its holdings in shares of YETI by 27.0% during the 4th quarter. Signaturefd LLC now owns 1,732 shares of the company’s stock worth $90,000 after buying an additional 368 shares in the last quarter. Finally, Scarborough Advisors LLC acquired a new position in shares of YETI during the 4th quarter worth $100,000.

Analyst Ratings Changes

A number of research firms have recently commented on YETI. William Blair reissued an “outperform” rating on shares of YETI in a report on Wednesday, May 1st. Canaccord Genuity Group boosted their price target on YETI from $40.00 to $42.00 and gave the stock a “hold” rating in a report on Friday, May 10th. B. Riley lowered their price target on YETI from $42.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, April 25th. Morgan Stanley boosted their price target on YETI from $39.00 to $41.00 and gave the stock an “equal weight” rating in a report on Friday, May 10th. Finally, Roth Mkm lowered their price target on YETI from $43.00 to $42.00 and set a “neutral” rating for the company in a report on Friday, May 10th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $46.80.

YETI Trading Up 1.3 %

NYSE YETI opened at $40.14 on Friday. The business’s 50-day moving average price is $39.62 and its two-hundred day moving average price is $40.70. YETI Holdings, Inc. has a 12 month low of $33.88 and a 12 month high of $54.15. The firm has a market capitalization of $3.42 billion, a PE ratio of 19.97, a price-to-earnings-growth ratio of 1.22 and a beta of 2.14. The company has a current ratio of 2.35, a quick ratio of 1.14 and a debt-to-equity ratio of 0.12.

YETI (NYSE:YETI) last announced its earnings results on Thursday, May 9th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.19 by $0.07. YETI had a return on equity of 28.81% and a net margin of 10.32%. The company had revenue of $341.39 million for the quarter, compared to analyst estimates of $333.79 million. On average, analysts expect that YETI Holdings, Inc. will post 2.35 EPS for the current year.

YETI 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.