Royce & Associates LP Has $24.04 Million Stake in YETI Holdings, Inc. (NYSE:YETI)

Royce & Associates LP increased its stake in shares of YETI Holdings, Inc. (NYSE:YETI) by 17.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 585,971 shares of the company’s stock after acquiring an additional 86,405 shares during the period. Royce & Associates LP’s holdings in YETI were worth $24,042,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. SG Americas Securities LLC increased its holdings in shares of YETI by 259.4% during the 1st quarter. SG Americas Securities LLC now owns 21,170 shares of the company’s stock valued at $816,000 after acquiring an additional 15,280 shares during the last quarter. BOKF NA grew its holdings in YETI by 12,075.3% in the 1st quarter. BOKF NA now owns 18,263 shares of the company’s stock valued at $701,000 after buying an additional 18,113 shares during the last quarter. Janus Henderson Group PLC grew its holdings in YETI by 65.8% in the 1st quarter. Janus Henderson Group PLC now owns 68,237 shares of the company’s stock valued at $2,630,000 after buying an additional 27,076 shares during the last quarter. International Assets Investment Management LLC grew its holdings in YETI by 26,657.7% in the 3rd quarter. International Assets Investment Management LLC now owns 43,615 shares of the company’s stock valued at $1,790,000 after buying an additional 43,452 shares during the last quarter. Finally, Schwartz Investment Counsel Inc. grew its holdings in YETI by 7.5% in the 3rd quarter. Schwartz Investment Counsel Inc. now owns 362,150 shares of the company’s stock valued at $14,859,000 after buying an additional 25,300 shares during the last quarter.

YETI Trading Down 1.4 %

Shares of YETI opened at $38.16 on Friday. The stock has a fifty day moving average price of $38.87 and a two-hundred day moving average price of $39.25. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.45 and a current ratio of 2.58. YETI Holdings, Inc. has a 52-week low of $33.41 and a 52-week high of $54.15. The company has a market cap of $3.24 billion, a price-to-earnings ratio of 16.38, a PEG ratio of 1.12 and a beta of 2.12.

Wall Street Analyst Weigh In

A number of research firms have issued reports on YETI. Bank of America lowered YETI from a “buy” rating to a “neutral” rating and lowered their target price for the company from $55.00 to $40.00 in a report on Wednesday, November 6th. Citigroup decreased their price objective on YETI from $49.00 to $47.00 and set a “buy” rating on the stock in a report on Monday, August 5th. 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 lifted their price objective on YETI from $42.00 to $43.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. Finally, Canaccord Genuity Group reissued a “hold” rating and set a $44.00 price objective on shares of YETI in a report on Thursday. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, 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.