BNP Paribas Financial Markets Purchases 127,518 Shares of YETI Holdings, Inc. (NYSE:YETI)

BNP Paribas Financial Markets increased its position in YETI Holdings, Inc. (NYSE:YETI) by 92.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 264,838 shares of the company’s stock after purchasing an additional 127,518 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.31% of YETI worth $10,866,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Covestor Ltd lifted its position in YETI by 13.5% during the third quarter. Covestor Ltd now owns 2,880 shares of the company’s stock valued at $118,000 after buying an additional 343 shares during the period. GAMMA Investing LLC lifted its position in YETI by 52.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,223 shares of the company’s stock valued at $50,000 after acquiring an additional 423 shares during the period. DORCHESTER WEALTH MANAGEMENT Co boosted its stake in YETI by 1.6% during the third quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 29,965 shares of the company’s stock worth $1,229,000 after acquiring an additional 465 shares in the last quarter. Arizona State Retirement System grew its holdings in YETI by 2.0% in the second quarter. Arizona State Retirement System now owns 24,337 shares of the company’s stock worth $928,000 after purchasing an additional 468 shares during the period. Finally, Valeo Financial Advisors LLC grew its holdings in YETI by 9.2% in the second quarter. Valeo Financial Advisors LLC now owns 5,944 shares of the company’s stock worth $227,000 after purchasing an additional 500 shares during the period.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. KeyCorp boosted their price target on YETI from $36.00 to $38.00 and gave the stock an “underweight” rating in a research report on Friday, August 9th. Bank of America cut YETI from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $55.00 to $40.00 in a research note on Wednesday, November 6th. Roth Mkm increased their target price on YETI from $42.00 to $43.00 and gave the stock a “neutral” rating in a research note on Friday, August 9th. TD Cowen lowered their price target on YETI from $46.00 to $44.00 and set a “hold” rating for the company in a research report on Monday, November 11th. Finally, Canaccord Genuity Group reissued a “hold” rating and set a $44.00 price objective on shares of YETI in a research report on Thursday, November 14th. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $45.46.

YETI Stock Up 0.1 %

YETI opened at $40.37 on Monday. The stock has a market capitalization of $3.42 billion, a price-to-earnings ratio of 17.33, a PEG ratio of 1.16 and a beta of 2.12. The firm has a 50 day moving average price of $39.04 and a 200-day moving average price of $39.43. YETI Holdings, Inc. has a twelve month low of $33.41 and a twelve month high of $54.15. The company has a quick ratio of 1.45, a current ratio of 2.58 and a debt-to-equity ratio of 0.10.

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.