YETI Holdings, Inc. (NYSE:YETI) Stock Holdings Trimmed by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank lessened its holdings in shares of YETI Holdings, Inc. (NYSE:YETI) by 41.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 20,268 shares of the company’s stock after selling 14,488 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in YETI were worth $773,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. International Assets Investment Management LLC increased its stake in shares of YETI by 776.4% during the fourth quarter. International Assets Investment Management LLC now owns 8,440 shares of the company’s stock valued at $437,000 after acquiring an additional 7,477 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of YETI by 3.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 929,533 shares of the company’s stock worth $48,131,000 after buying an additional 35,277 shares in the last quarter. Principal Securities Inc. acquired a new stake in shares of YETI in the fourth quarter valued at $74,000. Jump Financial LLC bought a new position in YETI during the fourth quarter valued at about $711,000. Finally, Dimensional Fund Advisors LP grew its holdings in YETI by 8.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,268,521 shares of the company’s stock worth $65,687,000 after acquiring an additional 103,732 shares during the period.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Raymond James upped their price target on shares of YETI from $48.00 to $49.00 and gave the company an “outperform” rating in a report on Friday, May 10th. Jefferies Financial Group raised their target price on shares of YETI from $54.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday, July 18th. Bank of America raised YETI from a “neutral” rating to a “buy” rating and upped their price target for the company from $46.00 to $55.00 in a report on Thursday, August 8th. KeyCorp increased their price objective on YETI from $36.00 to $38.00 and gave the company an “underweight” rating in a research report on Friday, August 9th. Finally, Morgan Stanley lifted their target price on YETI from $39.00 to $41.00 and gave the stock an “equal weight” rating in a report on Friday, May 10th. One analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, YETI has a consensus rating of “Hold” and a consensus price target of $46.29.

YETI Trading Down 1.5 %

Shares of NYSE YETI opened at $38.52 on Thursday. The company has a current ratio of 2.29, a quick ratio of 1.22 and a debt-to-equity ratio of 0.11. YETI Holdings, Inc. has a one year low of $33.88 and a one year high of $54.15. The business has a 50-day moving average price of $39.34 and a two-hundred day moving average price of $38.99. The firm has a market capitalization of $3.28 billion, a PE ratio of 19.16, a PEG ratio of 1.22 and a beta of 2.11.

YETI (NYSE:YETI) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.64 by $0.06. The business had revenue of $463.50 million during the quarter, compared to analysts’ expectations of $452.42 million. YETI had a net margin of 10.66% and a return on equity of 28.83%. The firm’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same period last year, the company posted $0.51 earnings per share. As a group, analysts predict that YETI Holdings, Inc. will post 2.35 earnings per share for the current fiscal 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.