YETI Holdings, Inc. (NYSE:YETI) Shares Purchased by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of YETI Holdings, Inc. (NYSE:YETI) by 134.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 99,093 shares of the company’s stock after buying an additional 56,841 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned about 0.12% of YETI worth $3,816,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Allworth Financial LP lifted its stake in shares of YETI by 237.1% during the 4th quarter. Allworth Financial LP now owns 664 shares of the company’s stock worth $25,000 after purchasing an additional 467 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of YETI during the 3rd quarter worth $38,000. Blue Trust Inc. lifted its stake in shares of YETI by 38.4% during the 4th 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. Jones Financial Companies Lllp lifted its stake in shares of YETI by 22.5% during the 4th quarter. Jones Financial Companies Lllp now owns 1,526 shares of the company’s stock worth $59,000 after purchasing an additional 280 shares during the period. Finally, Versant Capital Management Inc lifted its stake in shares of YETI by 364.3% during the 4th quarter. Versant Capital Management Inc now owns 1,885 shares of the company’s stock worth $73,000 after purchasing an additional 1,479 shares during the period.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on YETI. Morgan Stanley reduced their price target on YETI from $48.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Friday, February 14th. KeyCorp reduced their price target on YETI from $36.00 to $35.00 and set an “underweight” rating on the stock in a research note on Wednesday, January 8th. UBS Group reduced their price target on YETI from $44.00 to $43.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Canaccord Genuity Group cut their target price on YETI from $44.00 to $42.00 and set a “hold” rating on the stock in a research report on Friday, February 14th. Finally, Stifel Nicolaus cut their target price on YETI from $45.00 to $40.00 and set a “hold” rating on the stock in a research report on Friday, February 14th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $44.77.

YETI Trading Up 0.9 %

Shares of YETI opened at $32.21 on Monday. The stock’s 50-day moving average is $36.72 and its two-hundred day moving average is $38.52. The stock has a market cap of $2.65 billion, a PE ratio of 15.64, a P/E/G ratio of 1.05 and a beta of 2.15. YETI Holdings, Inc. has a 12 month low of $31.48 and a 12 month high of $45.25. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.18 and a quick ratio of 1.36.

YETI (NYSE:YETI) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.87 EPS for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.06). YETI had a return on equity of 28.23% and a net margin of 9.60%. The company had revenue of $555.37 million for the quarter, compared to analyst estimates of $554.08 million. Equities analysts forecast that YETI Holdings, Inc. will post 2.57 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.