De Lisle Partners LLP Acquires Shares of 13,000 YETI Holdings, Inc. (NYSE:YETI)

De Lisle Partners LLP bought a new position in shares of YETI Holdings, Inc. (NYSE:YETI) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,000 shares of the company’s stock, valued at approximately $533,000.

A number of other institutional investors and hedge funds have also modified their holdings of YETI. V Square Quantitative Management LLC purchased a new position in YETI in the 3rd quarter valued at $26,000. Versant Capital Management Inc grew its stake in YETI by 571.8% during the 2nd quarter. Versant Capital Management Inc now owns 833 shares of the company’s stock valued at $32,000 after acquiring an additional 709 shares in the last quarter. Blue Trust Inc. raised its holdings in YETI by 265.8% in the 3rd quarter. Blue Trust Inc. now owns 867 shares of the company’s stock valued at $33,000 after acquiring an additional 630 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in YETI in the 2nd quarter worth approximately $42,000. Finally, GAMMA Investing LLC boosted its holdings in shares of YETI by 52.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,223 shares of the company’s stock worth $50,000 after purchasing an additional 423 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Bank of America downgraded YETI from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $55.00 to $40.00 in a research report on Wednesday, November 6th. KeyCorp boosted their price target on shares of YETI from $36.00 to $38.00 and gave the company an “underweight” rating in a research report on Friday, August 9th. Roth Mkm upped their price objective on shares of YETI from $42.00 to $43.00 and gave the company a “neutral” rating in a report on Friday, August 9th. Piper Sandler reiterated an “overweight” rating and issued a $54.00 target price (down from $55.00) on shares of YETI in a report on Friday, November 8th. Finally, TD Cowen cut their price target on shares of YETI from $46.00 to $44.00 and set a “hold” rating for the company in a report on Monday, November 11th. One research 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. Based on data from MarketBeat, YETI presently has an average rating of “Hold” and an average target price of $45.46.

YETI Trading Up 1.3 %

Shares of NYSE YETI opened at $40.33 on Friday. The stock has a fifty day simple moving average of $39.02 and a 200-day simple moving average of $39.44. YETI Holdings, Inc. has a twelve month low of $33.41 and a twelve month high of $54.15. 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 capitalization of $3.42 billion, a PE ratio of 17.31, a PEG ratio of 1.16 and a beta of 2.12.

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.