YETI Holdings, Inc. (NYSE:YETI) Shares Sold by Bridge City Capital LLC

Bridge City Capital LLC lowered its position in shares of YETI Holdings, Inc. (NYSE:YETI) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,132 shares of the company’s stock after selling 616 shares during the quarter. Bridge City Capital LLC owned approximately 0.07% of YETI worth $2,239,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC raised its holdings in YETI by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,427,191 shares of the company’s stock valued at $58,573,000 after acquiring an additional 7,382 shares during the last quarter. Congress Asset Management Co. grew its position in shares of YETI by 5.6% in the fourth quarter. Congress Asset Management Co. now owns 1,131,060 shares of the company’s stock valued at $43,557,000 after purchasing an additional 60,407 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of YETI by 0.7% in the fourth quarter. Bank of New York Mellon Corp now owns 830,807 shares of the company’s stock valued at $31,994,000 after purchasing an additional 5,987 shares during the last quarter. Lord Abbett & CO. LLC lifted its position in YETI by 7.0% during the third quarter. Lord Abbett & CO. LLC now owns 810,182 shares of the company’s stock worth $33,242,000 after buying an additional 53,023 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in YETI by 5.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 773,553 shares of the company’s stock worth $29,790,000 after buying an additional 39,709 shares during the last quarter.

YETI Trading Up 0.3 %

Shares of YETI stock opened at $34.79 on Friday. YETI Holdings, Inc. has a fifty-two week low of $31.48 and a fifty-two week high of $45.25. The company has a 50 day moving average price of $36.38 and a 200 day moving average price of $38.33. The stock has a market capitalization of $2.87 billion, a P/E ratio of 16.89, a price-to-earnings-growth ratio of 1.05 and a beta of 2.15. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.36 and a current ratio of 2.18.

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

Wall Street Analysts Forecast Growth

Several research firms have recently commented 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 report on Friday, February 14th. UBS Group reduced their target price on shares of YETI from $44.00 to $43.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Stifel Nicolaus dropped their price target on shares of YETI from $45.00 to $40.00 and set a “hold” rating for the company in a research note on Friday, February 14th. Canaccord Genuity Group reduced their price target on shares of YETI from $44.00 to $42.00 and set a “hold” rating on the stock in a research report on Friday, February 14th. Finally, KeyCorp lowered their price objective on YETI from $36.00 to $35.00 and set an “underweight” rating for the company in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, YETI currently has an average rating of “Hold” and a consensus price target 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.