YETI Holdings, Inc. (NYSE:YETI) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its position in YETI Holdings, Inc. (NYSE:YETI) by 5.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 773,553 shares of the company’s stock after buying an additional 39,709 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.91% of YETI worth $29,790,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of YETI. Allworth Financial LP grew its holdings in shares of YETI by 237.1% during the fourth quarter. Allworth Financial LP now owns 664 shares of the company’s stock valued at $25,000 after purchasing an additional 467 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of YETI during the third quarter valued at approximately $38,000. Blue Trust Inc. grew its holdings in shares of YETI by 38.4% during the fourth quarter. Blue Trust Inc. now owns 1,200 shares of the company’s stock valued at $49,000 after purchasing an additional 333 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of YETI by 22.5% during the fourth quarter. Jones Financial Companies Lllp now owns 1,526 shares of the company’s stock valued at $59,000 after purchasing an additional 280 shares during the last quarter. Finally, Versant Capital Management Inc grew its holdings in shares of YETI by 364.3% during the fourth quarter. Versant Capital Management Inc now owns 1,885 shares of the company’s stock valued at $73,000 after purchasing an additional 1,479 shares during the last quarter.

YETI Price Performance

YETI opened at $34.05 on Tuesday. The stock has a fifty day moving average of $36.64 and a 200-day moving average of $38.47. The firm has a market capitalization of $2.80 billion, a P/E ratio of 16.53, a PEG 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 quick ratio of 1.36, a current ratio of 2.18 and a debt-to-equity ratio of 0.10.

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on YETI. Canaccord Genuity Group lowered 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. Stifel Nicolaus decreased their price target on YETI from $45.00 to $40.00 and set a “hold” rating for the company in a research note on Friday, February 14th. UBS Group decreased their price target on YETI from $44.00 to $43.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. KeyCorp decreased their price target on YETI from $36.00 to $35.00 and set an “underweight” rating for the company in a research note on Wednesday, January 8th. Finally, Morgan Stanley decreased their price target on YETI from $48.00 to $45.00 and set an “equal weight” rating for the company in a research note on Friday, February 14th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $44.77.

About YETI

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.