Healthcare of Ontario Pension Plan Trust Fund Increases Position in YETI Holdings, Inc. (NYSE:YETI)

Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of YETI Holdings, Inc. (NYSE:YETI) by 62.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 49,494 shares of the company’s stock after acquiring an additional 19,000 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned 0.06% of YETI worth $2,031,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Lazard Asset Management LLC bought a new stake in YETI in the first quarter worth about $132,000. Price T Rowe Associates Inc. MD lifted its stake in YETI by 5.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 52,226 shares of the company’s stock valued at $2,014,000 after purchasing an additional 2,650 shares during the last quarter. Janus Henderson Group PLC grew its holdings in YETI by 65.8% during the first quarter. Janus Henderson Group PLC now owns 68,237 shares of the company’s stock valued at $2,630,000 after purchasing an additional 27,076 shares during the period. Tidal Investments LLC raised its stake in shares of YETI by 48.5% in the first quarter. Tidal Investments LLC now owns 22,395 shares of the company’s stock valued at $863,000 after buying an additional 7,316 shares during the period. Finally, Comerica Bank lifted its position in shares of YETI by 2.7% during the 1st quarter. Comerica Bank now owns 77,978 shares of the company’s stock valued at $3,006,000 after buying an additional 2,014 shares during the last quarter.

YETI Stock Up 0.1 %

Shares of NYSE YETI opened at $40.37 on Monday. The company has a current ratio of 2.58, a quick ratio of 1.45 and a debt-to-equity ratio of 0.10. The business has a 50-day moving average of $39.04 and a 200-day moving average of $39.43. The firm 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. YETI Holdings, Inc. has a 12 month low of $33.41 and a 12 month high of $54.15.

Analyst Upgrades and Downgrades

YETI has been the subject of several recent research reports. B. Riley lifted their price objective on YETI from $38.00 to $45.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. Roth Mkm boosted their price target on shares of YETI from $42.00 to $43.00 and gave the company a “neutral” rating in a research report on Friday, August 9th. Bank of America downgraded shares of YETI from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $55.00 to $40.00 in a report on Wednesday, November 6th. Citigroup lowered their target price on shares of YETI from $49.00 to $47.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Finally, TD Cowen cut their price target on YETI from $46.00 to $44.00 and set a “hold” rating for the company in a report on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $45.46.

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.