Massachusetts Financial Services Co. MA Purchases Shares of 2,521,231 Celsius Holdings Inc. $CELH

Massachusetts Financial Services Co. MA purchased a new stake in Celsius Holdings Inc. (NASDAQ:CELH) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 2,521,231 shares of the company’s stock, valued at approximately $115,321,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Ameriprise Financial Inc. grew its stake in shares of Celsius by 20.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock worth $114,587,000 after buying an additional 426,623 shares in the last quarter. Invesco Ltd. grew its stake in shares of Celsius by 13.0% in the 3rd quarter. Invesco Ltd. now owns 1,801,922 shares of the company’s stock worth $103,592,000 after buying an additional 207,824 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Celsius by 389.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,713,170 shares of the company’s stock worth $98,490,000 after buying an additional 1,362,867 shares in the last quarter. Northern Trust Corp grew its stake in shares of Celsius by 2.2% in the 3rd quarter. Northern Trust Corp now owns 1,420,607 shares of the company’s stock worth $81,671,000 after buying an additional 30,129 shares in the last quarter. Finally, Scopus Asset Management L.P. purchased a new position in shares of Celsius in the 2nd quarter worth $59,382,000. 60.95% of the stock is currently owned by institutional investors.

Celsius Price Performance

CELH stock opened at $33.66 on Tuesday. Celsius Holdings Inc. has a 12 month low of $32.36 and a 12 month high of $66.74. The company has a current ratio of 1.68, a quick ratio of 1.37 and a debt-to-equity ratio of 0.57. The company has a 50-day moving average price of $42.77 and a 200 day moving average price of $48.09. The stock has a market cap of $8.65 billion, a PE ratio of 134.64, a P/E/G ratio of 1.18 and a beta of 1.13.

Celsius (NASDAQ:CELH) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.07. Celsius had a net margin of 4.29% and a return on equity of 37.68%. The firm had revenue of $721.63 million during the quarter, compared to analysts’ expectations of $638.17 million. During the same period in the previous year, the company earned ($0.11) EPS. The firm’s revenue for the quarter was up 117.2% compared to the same quarter last year. Equities research analysts anticipate that Celsius Holdings Inc. will post 0.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

CELH has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft raised shares of Celsius from a “hold” rating to a “buy” rating and dropped their price objective for the stock from $56.00 to $44.00 in a research note on Monday, March 30th. KeyCorp initiated coverage on shares of Celsius in a research note on Tuesday, December 16th. They issued a “sector weight” rating for the company. JPMorgan Chase & Co. lifted their price objective on shares of Celsius from $68.00 to $77.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. Needham & Company LLC lifted their price objective on shares of Celsius from $70.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Finally, UBS Group dropped their price objective on shares of Celsius from $72.00 to $62.00 and set a “buy” rating for the company in a research note on Tuesday, April 7th. Twenty equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Celsius presently has a consensus rating of “Moderate Buy” and an average price target of $66.17.

About Celsius

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.