Parametrica Management Ltd lessened its stake in Sodastream International Ltd (NASDAQ:SODA) by 33.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 2,914 shares of the company’s stock after selling 1,486 shares during the period. Parametrica Management Ltd’s holdings in Sodastream International were worth $205,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Bank of New York Mellon Corp increased its holdings in Sodastream International by 5.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 148,848 shares of the company’s stock valued at $9,891,000 after purchasing an additional 8,297 shares during the last quarter. ClariVest Asset Management LLC grew its stake in shares of Sodastream International by 157.2% during the third quarter. ClariVest Asset Management LLC now owns 63,304 shares of the company’s stock worth $4,208,000 after purchasing an additional 38,696 shares in the last quarter. Granahan Investment Management Inc. MA grew its stake in shares of Sodastream International by 9.3% during the third quarter. Granahan Investment Management Inc. MA now owns 417,155 shares of the company’s stock worth $27,720,000 after purchasing an additional 35,621 shares in the last quarter. Winslow Evans & Crocker Inc. acquired a new position in shares of Sodastream International during the third quarter worth $269,000. Finally, Wasatch Advisors Inc. grew its stake in shares of Sodastream International by 260.0% during the second quarter. Wasatch Advisors Inc. now owns 81,000 shares of the company’s stock worth $4,335,000 after purchasing an additional 58,500 shares in the last quarter. Hedge funds and other institutional investors own 52.05% of the company’s stock.
Sodastream International Ltd (SODA) traded up $0.99 during midday trading on Wednesday, reaching $78.61. 466,900 shares of the company traded hands, compared to its average volume of 261,950. The stock has a market capitalization of $1,699.56, a PE ratio of 27.30 and a beta of 1.25. Sodastream International Ltd has a 52-week low of $44.71 and a 52-week high of $84.39.
Sodastream International (NASDAQ:SODA) last posted its quarterly earnings results on Wednesday, February 14th. The company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.35. Sodastream International had a net margin of 12.47% and a return on equity of 15.17%. The firm had revenue of $157.66 million during the quarter, compared to analysts’ expectations of $151.57 million. During the same period in the prior year, the company posted $0.71 earnings per share. The firm’s revenue for the quarter was up 19.6% on a year-over-year basis. analysts expect that Sodastream International Ltd will post 2.96 EPS for the current year.
A number of brokerages recently commented on SODA. BidaskClub upgraded shares of Sodastream International from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 3rd. Susquehanna Bancshares boosted their price target on shares of Sodastream International from $92.00 to $94.00 and gave the company a “positive” rating in a research report on Monday. Zacks Investment Research cut shares of Sodastream International from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. ValuEngine cut shares of Sodastream International from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Jefferies Group set a $60.00 target price on shares of Sodastream International and gave the company a “hold” rating in a report on Monday, October 30th. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $76.00.
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Sodastream International Company Profile
SodaStream International Ltd. is a sparkling water company. The Company manufactures, distributes and sells home beverage carbonation systems, which enable consumers to transform ordinary tap water into sparkling water and flavored sparkling water. The Company’s segments include The Americas, Western Europe, Asia-Pacific, and Central and Eastern Europe, Middle East and Africa (CEMEA).
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