Raymond James & Associates Grows Holdings in Sodastream International Ltd (SODA)

Raymond James & Associates lifted its position in Sodastream International Ltd (NASDAQ:SODA) by 105.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,279 shares of the company’s stock after acquiring an additional 10,412 shares during the quarter. Raymond James & Associates owned approximately 0.09% of Sodastream International worth $1,426,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SODA. Envestnet Asset Management Inc. grew its stake in shares of Sodastream International by 318.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,625 shares of the company’s stock worth $109,000 after acquiring an additional 1,237 shares in the last quarter. Amundi Pioneer Asset Management Inc. bought a new stake in shares of Sodastream International in the 4th quarter worth $122,000. SG Americas Securities LLC bought a new stake in shares of Sodastream International in the 3rd quarter worth $128,000. Ladenburg Thalmann Financial Services Inc. grew its stake in shares of Sodastream International by 79.8% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,416 shares of the company’s stock worth $161,000 after acquiring an additional 1,072 shares in the last quarter. Finally, Atria Investments LLC bought a new stake in shares of Sodastream International in the 4th quarter worth $224,000. Hedge funds and other institutional investors own 53.73% of the company’s stock.

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Several research firms have recently issued reports on SODA. JPMorgan Chase upped their target price on shares of Sodastream International from $70.00 to $87.00 and gave the stock a “neutral” rating in a research note on Thursday, February 15th. ValuEngine upgraded shares of Sodastream International from a “hold” rating to a “buy” rating in a research note on Thursday, February 15th. 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 upped their target price on shares of Sodastream International from $92.00 to $94.00 and gave the stock a “positive” rating in a research note on Monday, February 12th. Finally, Zacks Investment Research upgraded shares of Sodastream International from a “hold” rating to a “buy” rating and set a $96.00 target price for the company in a research note on Saturday, February 17th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Sodastream International has a consensus rating of “Buy” and a consensus price target of $72.20.

SODA opened at $95.29 on Tuesday. The stock has a market cap of $2,118.37, a P/E ratio of 28.96, a P/E/G ratio of 3.65 and a beta of 1.04. Sodastream International Ltd has a fifty-two week low of $49.33 and a fifty-two week high of $96.32.

Sodastream International (NASDAQ:SODA) last posted its quarterly earnings results on Wednesday, February 14th. The company reported $1.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.35. The company had revenue of $157.66 million during the quarter, compared to analyst estimates of $151.57 million. Sodastream International had a net margin of 13.69% and a return on equity of 16.37%. The firm’s revenue for the quarter was up 19.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.71 earnings per share. equities analysts forecast that Sodastream International Ltd will post 3.42 EPS for the current year.

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Sodastream International Profile

SodaStream International Ltd., together with its subsidiaries, manufactures, distributes, and sells home beverage carbonation systems. Its home beverage carbonation systems, which enable consumers to transform ordinary tap water into sparkling water and flavored sparkling water. The company offers sparkling water makers and exchangeable carbon-dioxide (CO2) cylinders, as well as consumables, such as CO2 refills, reusable carbonation bottles, and flavors; and other accessories, such as bottle cleaning materials and ice cube trays, as well as distributes Brita water filtration systems in Israel.

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Institutional Ownership by Quarter for Sodastream International (NASDAQ:SODA)

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