Russell Investments Group Ltd. continued to hold its stake in shares of SodaStream International Ltd. (NASDAQ:SODA) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,867 shares of the company’s stock at the close of the second quarter. Russell Investments Group Ltd. owned 0.07% of SodaStream International worth $849,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently modified their holdings of the stock. Profit Investment Management LLC bought a new position in SodaStream International during the 2nd quarter valued at about $1,083,000. Eqis Capital Management Inc. grew its holdings in SodaStream International by 5.6% during the 2nd quarter. Eqis Capital Management Inc. now owns 15,659 shares of the company’s stock valued at $838,000 after purchasing an additional 827 shares during the last quarter. Private Advisory Group LLC bought a new position in SodaStream International during the 1st quarter valued at about $246,000. Driehaus Capital Management LLC grew its holdings in SodaStream International by 23.1% during the 1st quarter. Driehaus Capital Management LLC now owns 220,093 shares of the company’s stock valued at $10,659,000 after purchasing an additional 41,342 shares during the last quarter. Finally, Credit Suisse AG grew its stake in SodaStream International by 22.1% in the 1st quarter. Credit Suisse AG now owns 31,799 shares of the company’s stock worth $1,541,000 after acquiring an additional 5,756 shares in the last quarter. Institutional investors own 47.76% of the company’s stock.
SodaStream International Ltd. (NASDAQ:SODA) traded down 0.78% during midday trading on Friday, reaching $58.30. 54,786 shares of the company were exchanged. The firm has a 50-day moving average price of $58.98 and a 200-day moving average price of $53.88. The company has a market capitalization of $1.27 billion, a PE ratio of 21.61 and a beta of 1.20. SodaStream International Ltd. has a 52 week low of $23.77 and a 52 week high of $63.25.
SodaStream International (NASDAQ:SODA) last issued its earnings results on Wednesday, August 2nd. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.13. SodaStream International had a net margin of 11.89% and a return on equity of 14.86%. The business had revenue of $130.60 million during the quarter, compared to analysts’ expectations of $129.33 million. During the same quarter in the prior year, the business posted $0.37 EPS. The company’s revenue for the quarter was up 9.6% on a year-over-year basis. Equities research analysts anticipate that SodaStream International Ltd. will post $2.74 earnings per share for the current fiscal year.
A number of equities analysts have commented on SODA shares. ValuEngine upgraded shares of SodaStream International from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. BidaskClub downgraded shares of SodaStream International from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. Zacks Investment Research downgraded shares of SodaStream International from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Jefferies Group LLC set a $55.00 price objective on shares of SodaStream International and gave the company a “hold” rating in a research note on Saturday, July 29th. Finally, Susquehanna Bancshares Inc reiterated a “positive” rating and set a $79.00 price objective (up from $58.00) on shares of SodaStream International in a research note on Tuesday, August 1st. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $60.75.
About SodaStream International
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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