Toronto Dominion Bank Has $600,000 Stock Holdings in YETI Holdings, Inc. (NYSE:YETI)

Toronto Dominion Bank reduced its stake in shares of YETI Holdings, Inc. (NYSE:YETI) by 6.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,624 shares of the company’s stock after selling 1,063 shares during the quarter. Toronto Dominion Bank’s holdings in YETI were worth $600,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of YETI. V Square Quantitative Management LLC acquired a new stake in YETI during the third quarter worth about $26,000. Blue Trust Inc. lifted its holdings in shares of YETI by 265.8% during the 3rd quarter. Blue Trust Inc. now owns 867 shares of the company’s stock worth $33,000 after acquiring an additional 630 shares during the period. Ashton Thomas Private Wealth LLC acquired a new stake in shares of YETI during the 2nd quarter worth approximately $42,000. GAMMA Investing LLC increased its stake in YETI by 52.9% in the third 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 last quarter. Finally, Exchange Traded Concepts LLC raised its position in YETI by 48.3% during the third quarter. Exchange Traded Concepts LLC now owns 1,536 shares of the company’s stock valued at $63,000 after purchasing an additional 500 shares in the last quarter.

Wall Street Analyst Weigh In

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

YETI Stock Performance

Shares of YETI stock opened at $43.26 on Tuesday. The stock has a market cap of $3.67 billion, a price-to-earnings ratio of 18.57, a P/E/G ratio of 1.37 and a beta of 2.15. YETI Holdings, Inc. has a twelve month low of $33.41 and a twelve month high of $54.15. The company’s fifty day moving average is $39.63 and its 200 day moving average is $39.72. The company has a quick ratio of 1.45, a current ratio of 2.58 and a debt-to-equity ratio of 0.10.

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.