BlackRock Inc. grew its stake in shares of SodaStream (NASDAQ:SODA) by 11.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 317,707 shares of the company’s stock after acquiring an additional 31,853 shares during the quarter. BlackRock Inc. owned about 1.45% of SodaStream worth $22,347,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of SodaStream by 7.4% during the 2nd quarter. Vanguard Group Inc. now owns 6,128 shares of the company’s stock valued at $328,000 after acquiring an additional 421 shares during the last quarter. Steinberg Global Asset Management boosted its holdings in shares of SodaStream by 12.7% during the 4th quarter. Steinberg Global Asset Management now owns 8,703 shares of the company’s stock valued at $612,000 after acquiring an additional 982 shares during the last quarter. Wasatch Advisors Inc. boosted its holdings in shares of SodaStream by 1.4% during the 4th quarter. Wasatch Advisors Inc. now owns 75,000 shares of the company’s stock valued at $5,276,000 after acquiring an additional 1,000 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of SodaStream by 79.8% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,416 shares of the company’s stock valued at $161,000 after acquiring an additional 1,072 shares during the last quarter. Finally, Allianz Asset Management GmbH boosted its holdings in shares of SodaStream by 11.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 10,698 shares of the company’s stock valued at $711,000 after acquiring an additional 1,121 shares during the last quarter. 53.73% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NASDAQ:SODA opened at $95.95 on Monday. SodaStream has a twelve month low of $49.33 and a twelve month high of $97.46. The company has a market capitalization of $2,170.39, a PE ratio of 29.16, a price-to-earnings-growth ratio of 3.74 and a beta of 1.05.
SodaStream (NASDAQ:SODA) last issued its quarterly earnings data on Wednesday, February 14th. The company reported $1.13 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.35. SodaStream had a net margin of 13.69% and a return on equity of 16.37%. The firm had revenue of $157.66 million for the quarter, compared to analysts’ expectations of $151.57 million. During the same quarter in the prior year, the business earned $0.71 EPS. The business’s quarterly revenue was up 19.6% on a year-over-year basis. research analysts expect that SodaStream will post 3.42 earnings per share for the current fiscal year.
A number of analysts have recently issued reports on the stock. JPMorgan Chase raised their price target on shares of SodaStream from $70.00 to $87.00 and gave the company a “neutral” rating in a report on Thursday, February 15th. BidaskClub raised shares of SodaStream from a “hold” rating to a “buy” rating in a report on Wednesday, December 27th. Susquehanna Bancshares reaffirmed a “positive” rating and set a $108.00 price target (up previously from $95.00) on shares of SodaStream in a report on Friday, March 16th. Zacks Investment Research raised shares of SodaStream from a “hold” rating to a “buy” rating and set a $96.00 price target on the stock in a report on Saturday, February 17th. Finally, ValuEngine raised shares of SodaStream from a “hold” rating to a “buy” rating in a report on Thursday, February 15th. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $72.20.
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SodaStream International Ltd., together with its subsidiaries, manufactures, distributes, and sells home beverage carbonation systems. Its home beverage carbonation systems 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, including CO2 refills, reusable carbonation bottles, and flavors; and accessories for its products that are manufactured by third parties.
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