Entropy Technologies LP Sells 10,518 Shares of YETI Holdings, Inc. (NYSE:YETI)

Entropy Technologies LP lowered its position in YETI Holdings, Inc. (NYSE:YETI) by 44.8% during the third quarter, according to its most recent filing with the SEC. The firm owned 12,945 shares of the company’s stock after selling 10,518 shares during the period. Entropy Technologies LP’s holdings in YETI were worth $531,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. V Square Quantitative Management LLC acquired a new stake in YETI during the third quarter worth approximately $26,000. Crewe Advisors LLC acquired a new stake in shares of YETI during the 1st quarter worth approximately $27,000. Versant Capital Management Inc increased its stake in shares of YETI by 571.8% in the 2nd quarter. Versant Capital Management Inc now owns 833 shares of the company’s stock valued at $32,000 after acquiring an additional 709 shares in the last quarter. Blue Trust Inc. lifted its position in shares of YETI by 265.8% during the 3rd quarter. Blue Trust Inc. now owns 867 shares of the company’s stock valued at $33,000 after acquiring an additional 630 shares during the period. Finally, Ashton Thomas Private Wealth LLC bought a new position in YETI during the second quarter worth $42,000.

YETI Stock Performance

Shares of YETI stock opened at $38.16 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.58 and a quick ratio of 1.45. The firm has a 50-day moving average of $38.87 and a 200-day moving average of $39.25. YETI Holdings, Inc. has a one year low of $33.41 and a one year high of $54.15. The company has a market cap of $3.24 billion, a P/E ratio of 16.38, a P/E/G ratio of 1.18 and a beta of 2.12.

Analyst Ratings Changes

YETI has been the topic of several research reports. Roth Mkm upped their price objective on shares of YETI from $42.00 to $43.00 and gave the company a “neutral” rating in a report on Friday, August 9th. KeyCorp upped their price target on YETI from $36.00 to $38.00 and gave the stock an “underweight” rating in a research note on Friday, August 9th. TD Cowen reduced their price objective on YETI from $46.00 to $44.00 and set a “hold” rating for the company in a research note on Monday, November 11th. Citigroup lowered their target price on YETI from $49.00 to $47.00 and set a “buy” rating on the stock in a research report on Monday, August 5th. Finally, B. Riley lifted their price target on shares of YETI from $38.00 to $45.00 and gave the company a “neutral” rating in a research report on Friday, August 9th. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $45.46.

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.