Leeward Investments LLC MA Sells 984 Shares of YETI Holdings, Inc. (NYSE:YETI)

Leeward Investments LLC MA lessened its stake in shares of YETI Holdings, Inc. (NYSE:YETI) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 123,148 shares of the company’s stock after selling 984 shares during the quarter. Leeward Investments LLC MA owned approximately 0.14% of YETI worth $6,377,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Signaturefd LLC grew its stake in shares of YETI by 27.0% during the fourth quarter. Signaturefd LLC now owns 1,732 shares of the company’s stock worth $90,000 after buying an additional 368 shares during the last quarter. CWM LLC grew its stake in shares of YETI by 42.9% during the third quarter. CWM LLC now owns 2,183 shares of the company’s stock worth $105,000 after buying an additional 655 shares during the last quarter. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of YETI in the third quarter worth $121,000. Shelton Capital Management bought a new stake in shares of YETI in the third quarter worth $200,000. Finally, Duality Advisers LP bought a new stake in shares of YETI in the third quarter worth $206,000.

YETI Stock Up 1.6 %

Shares of NYSE YETI traded up $0.57 during trading on Friday, hitting $36.15. 1,790,131 shares of the company traded hands, compared to its average volume of 1,606,774. The business’s fifty day moving average is $38.19 and its 200 day moving average is $42.64. YETI Holdings, Inc. has a fifty-two week low of $34.70 and a fifty-two week high of $54.15. The firm has a market capitalization of $3.08 billion, a price-to-earnings ratio of 18.54, a P/E/G ratio of 1.40 and a beta of 2.29. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.45 and a current ratio of 2.30.

YETI (NYSE:YETI) last announced its quarterly earnings data on Thursday, February 15th. The company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $0.96 by ($0.06). YETI had a net margin of 10.24% and a return on equity of 27.99%. The company had revenue of $519.79 million for the quarter, compared to analyst estimates of $535.99 million. During the same quarter in the prior year, the company posted $0.75 EPS. YETI’s revenue for the quarter was up 16.0% on a year-over-year basis. Equities research analysts predict that YETI Holdings, Inc. will post 2.27 earnings per share for the current fiscal year.

Analysts Set New Price Targets

YETI has been the topic of several analyst reports. Raymond James reduced their price objective on shares of YETI from $55.00 to $48.00 and set an “outperform” rating on the stock in a research note on Friday, February 16th. Stifel Nicolaus reduced their price objective on shares of YETI from $43.00 to $41.00 and set a “hold” rating on the stock in a research note on Friday, February 16th. B. Riley reduced their price objective on shares of YETI from $42.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday. KeyCorp boosted their price objective on shares of YETI from $33.00 to $36.00 and gave the stock an “underweight” rating in a research note on Friday, January 12th. Finally, Canaccord Genuity Group reduced their price objective on shares of YETI from $41.00 to $40.00 and set a “hold” rating on the stock in a research note on Friday, April 5th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $48.00.

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.