Atom Investors LP Buys Shares of 5,840 YETI Holdings, Inc. (NYSE:YETI)

Atom Investors LP bought a new stake in YETI Holdings, Inc. (NYSE:YETI) during the 3rd quarter, Holdings Channel.com reports. The firm bought 5,840 shares of the company’s stock, valued at approximately $240,000.

Other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC lifted its stake 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 acquiring an additional 43,452 shares in the last quarter. Algert Global LLC lifted its stake in YETI by 443.0% in the 3rd quarter. Algert Global LLC now owns 47,550 shares of the company’s stock valued at $1,951,000 after acquiring an additional 38,793 shares in the last quarter. Intech Investment Management LLC bought a new stake in YETI in the 3rd quarter valued at approximately $1,415,000. Schwartz Investment Counsel Inc. lifted its stake 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 acquiring an additional 25,300 shares in the last quarter. Finally, Qsemble Capital Management LP increased its position in shares of YETI by 320.3% during the 3rd quarter. Qsemble Capital Management LP now owns 26,576 shares of the company’s stock worth $1,090,000 after purchasing an additional 20,253 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. B. Riley boosted their price target on YETI from $38.00 to $45.00 and gave the stock a “neutral” rating in a research report on Friday, August 9th. Piper Sandler reaffirmed an “overweight” rating and set a $54.00 price target (down previously from $55.00) on shares of YETI in a research report on Friday, November 8th. Canaccord Genuity Group reaffirmed a “hold” rating and set a $44.00 price target on shares of YETI in a research report on Thursday, November 14th. KeyCorp boosted their price target on YETI from $36.00 to $38.00 and gave the stock an “underweight” rating in a research report on Friday, August 9th. Finally, Roth Mkm boosted their price target on YETI from $42.00 to $43.00 and gave the stock a “neutral” rating in a research report on Friday, August 9th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $45.46.

YETI Stock Performance

NYSE:YETI opened at $42.70 on Thursday. The stock has a fifty day moving average price of $39.13 and a 200-day moving average price of $39.43. The company has a market cap of $3.62 billion, a price-to-earnings ratio of 18.33, a PEG ratio of 1.19 and a beta of 2.15. 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 fifty-two week low of $33.41 and a fifty-two week high of $54.15.

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.