YETI Holdings, Inc. (NYSE:YETI) Shares Sold by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC trimmed its position in shares of YETI Holdings, Inc. (NYSE:YETI) by 14.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,375 shares of the company’s stock after selling 400 shares during the period. Steward Partners Investment Advisory LLC’s holdings in YETI were worth $91,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Mission Wealth Management LP boosted its stake in YETI by 33.2% during the 4th quarter. Mission Wealth Management LP now owns 9,395 shares of the company’s stock valued at $362,000 after acquiring an additional 2,344 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in YETI by 22.5% during the 4th quarter. Jones Financial Companies Lllp now owns 1,526 shares of the company’s stock valued at $59,000 after acquiring an additional 280 shares during the last quarter. Chase Investment Counsel Corp bought a new position in YETI during the 4th quarter valued at $1,463,000. Peloton Wealth Strategists boosted its stake in YETI by 0.6% during the 4th quarter. Peloton Wealth Strategists now owns 86,775 shares of the company’s stock valued at $3,342,000 after acquiring an additional 500 shares during the last quarter. Finally, Proficio Capital Partners LLC bought a new position in YETI during the 4th quarter valued at $1,363,000.

Analyst Upgrades and Downgrades

A number of research analysts have commented on YETI shares. UBS Group reduced their price objective on shares of YETI from $44.00 to $43.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Canaccord Genuity Group reduced their price target on shares of YETI from $44.00 to $42.00 and set a “hold” rating on the stock in a research report on Friday, February 14th. Morgan Stanley reduced their price target on shares of YETI from $48.00 to $45.00 and set an “equal weight” rating on the stock in a research report on Friday, February 14th. Stifel Nicolaus reduced their price target on shares of YETI from $45.00 to $40.00 and set a “hold” rating on the stock in a research report on Friday, February 14th. Finally, KeyCorp reduced their price target on shares of YETI from $36.00 to $35.00 and set an “underweight” rating on the stock in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $44.77.

YETI Trading Up 5.8 %

Shares of NYSE:YETI opened at $34.05 on Tuesday. The company has a market cap of $2.80 billion, a PE ratio of 16.53, a P/E/G ratio of 1.05 and a beta of 2.15. The company’s 50-day moving average price is $36.64 and its 200 day moving average price is $38.47. YETI Holdings, Inc. has a fifty-two week low of $31.48 and a fifty-two week high of $45.25. The company has a quick ratio of 1.36, a current ratio of 2.18 and a debt-to-equity ratio of 0.10.

YETI (NYSE:YETI) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.93 by ($0.06). The firm had revenue of $555.37 million during the quarter, compared to the consensus estimate of $554.08 million. YETI had a net margin of 9.60% and a return on equity of 28.23%. Sell-side analysts anticipate that YETI Holdings, Inc. will post 2.57 earnings per share for the current year.

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.