YETI Holdings, Inc. (NYSE:YETI) Shares Sold by L. Roy Papp & Associates LLP

L. Roy Papp & Associates LLP lessened its stake in YETI Holdings, Inc. (NYSE:YETI) by 5.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 41,720 shares of the company’s stock after selling 2,205 shares during the quarter. L. Roy Papp & Associates LLP’s holdings in YETI were worth $1,607,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in YETI. Central Pacific Bank Trust Division increased its stake in shares of YETI by 6.7% in the 4th quarter. Central Pacific Bank Trust Division now owns 4,650 shares of the company’s stock worth $179,000 after acquiring an additional 290 shares during the last quarter. Pacer Advisors Inc. increased its position in YETI by 2.7% during the fourth quarter. Pacer Advisors Inc. now owns 12,646 shares of the company’s stock worth $487,000 after purchasing an additional 332 shares during the last quarter. Blue Trust Inc. raised its stake in YETI by 38.4% during the fourth quarter. Blue Trust Inc. now owns 1,200 shares of the company’s stock worth $49,000 after purchasing an additional 333 shares during the period. Covestor Ltd boosted its holdings in YETI by 13.5% in the 3rd quarter. Covestor Ltd now owns 2,880 shares of the company’s stock valued at $118,000 after purchasing an additional 343 shares during the last quarter. Finally, Peloton Wealth Strategists grew its stake in shares of YETI by 0.4% in the 3rd quarter. Peloton Wealth Strategists now owns 86,275 shares of the company’s stock valued at $3,540,000 after buying an additional 350 shares during the period.

Analyst Upgrades and Downgrades

Several research firms have recently commented on YETI. Canaccord Genuity Group reaffirmed a “hold” rating and set a $44.00 price target on shares of YETI in a research report on Thursday, November 14th. Piper Sandler restated an “overweight” rating and issued a $54.00 target price (down previously from $55.00) on shares of YETI in a research report on Friday, November 8th. Bank of America lowered YETI from a “buy” rating to a “neutral” rating and decreased their price target for the company from $55.00 to $40.00 in a research note on Wednesday, November 6th. UBS Group cut their price objective on YETI from $44.00 to $43.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Finally, TD Cowen decreased their target price on shares of YETI from $46.00 to $44.00 and set a “hold” rating on the stock in a research report on Monday, November 11th. 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. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $44.69.

YETI Price Performance

Shares of NYSE YETI opened at $37.83 on Wednesday. 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 stock has a market cap of $3.21 billion, a P/E ratio of 16.24, a P/E/G ratio of 1.06 and a beta of 2.13. The stock has a 50 day moving average of $39.05 and a two-hundred day moving average of $39.25. YETI Holdings, Inc. has a twelve month low of $33.41 and a twelve month high of $49.01.

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.