YETI Holdings, Inc. (NYSE:YETI) Position Boosted by Captrust Financial Advisors

Captrust Financial Advisors boosted its position in YETI Holdings, Inc. (NYSE:YETI) by 5.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 9,472 shares of the company’s stock after buying an additional 496 shares during the period. Captrust Financial Advisors’ holdings in YETI were worth $389,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. American Century Companies Inc. grew its position in shares of YETI by 311.4% in the 2nd quarter. American Century Companies Inc. now owns 1,967,215 shares of the company’s stock worth $75,049,000 after acquiring an additional 1,488,994 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in YETI in the second quarter worth $23,166,000. WCM Investment Management LLC increased its stake in YETI by 655.4% during the third quarter. WCM Investment Management LLC now owns 508,882 shares of the company’s stock valued at $20,701,000 after purchasing an additional 441,516 shares during the last quarter. Millennium Management LLC raised its holdings in shares of YETI by 54.8% during the second quarter. Millennium Management LLC now owns 817,366 shares of the company’s stock worth $31,183,000 after purchasing an additional 289,298 shares during the period. Finally, Marshall Wace LLP lifted its position in shares of YETI by 76.2% in the 2nd quarter. Marshall Wace LLP now owns 607,551 shares of the company’s stock worth $23,178,000 after buying an additional 262,829 shares during the last quarter.

YETI Price Performance

Shares of YETI opened at $44.18 on Friday. The firm has a market capitalization of $3.75 billion, a price-to-earnings ratio of 18.96, a price-to-earnings-growth ratio of 1.39 and a beta of 2.15. The stock’s fifty day moving average is $39.60 and its 200-day moving average is $39.68. YETI Holdings, Inc. has a one year low of $33.41 and a one year high of $54.15. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.45 and a current ratio of 2.58.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Piper Sandler reiterated an “overweight” rating and set a $54.00 price objective (down previously from $55.00) on shares of YETI in a research note on Friday, November 8th. Canaccord Genuity Group reiterated a “hold” rating and set a $44.00 price target on shares of YETI in a research report on Thursday, November 14th. Bank of America lowered YETI from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $55.00 to $40.00 in a research report on Wednesday, November 6th. Finally, TD Cowen dropped their target price on YETI from $46.00 to $44.00 and set a “hold” rating on the stock in a research report on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, YETI presently has a consensus rating of “Hold” and an average price target of $45.46.

About YETI

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.