Sei Investments Co. maintained its stake in SodaStream International Ltd. (NASDAQ:SODA) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,300 shares of the company’s stock at the end of the second quarter. Sei Investments Co. owned about 0.10% of SodaStream International worth $1,140,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in SODA. State of New Jersey Common Pension Fund D boosted its stake in SodaStream International by 90.2% in the second quarter. State of New Jersey Common Pension Fund D now owns 47,557 shares of the company’s stock valued at $2,545,000 after buying an additional 22,556 shares during the last quarter. Steinberg Global Asset Management boosted its stake in SodaStream International by 1.0% in the second quarter. Steinberg Global Asset Management now owns 7,577 shares of the company’s stock valued at $406,000 after buying an additional 72 shares during the last quarter. Acadian Asset Management LLC boosted its stake in SodaStream International by 17.4% in the second quarter. Acadian Asset Management LLC now owns 871,395 shares of the company’s stock valued at $46,639,000 after buying an additional 129,117 shares during the last quarter. Profit Investment Management LLC purchased a new stake in SodaStream International during the second quarter valued at approximately $1,083,000. Finally, Eqis Capital Management Inc. boosted its stake in SodaStream International by 5.6% in the second quarter. Eqis Capital Management Inc. now owns 15,659 shares of the company’s stock valued at $838,000 after buying an additional 827 shares during the last quarter. 47.76% of the stock is owned by hedge funds and other institutional investors.

SodaStream International Ltd. (SODA) opened at 60.87 on Thursday. SodaStream International Ltd. has a one year low of $23.77 and a one year high of $63.25. The firm has a 50 day moving average of $57.38 and a 200-day moving average of $52.72. The firm has a market cap of $1.33 billion, a price-to-earnings ratio of 22.56 and a beta of 1.20.

SodaStream International (NASDAQ:SODA) last posted its quarterly earnings data on Wednesday, August 2nd. The company reported $0.64 earnings per share for the quarter, topping the Thomson Reuters’ 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 earnings per share. SodaStream International’s revenue was up 9.6% compared to the same quarter last year. Equities research analysts forecast that SodaStream International Ltd. will post $2.74 EPS for the current fiscal year.

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Several analysts have commented on the stock. BidaskClub raised shares of SodaStream International from a “hold” rating to a “buy” rating in a research note on Friday, August 25th. Zacks Investment Research raised shares of SodaStream International from a “hold” rating to a “buy” rating and set a $70.00 target price for the company in a research note on Tuesday, August 8th. ValuEngine cut shares of SodaStream International from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. UBS AG upgraded shares of SodaStream International from a “neutral” rating to a “positive” rating in a report on Thursday, August 3rd. Finally, Susquehanna Bancshares Inc reiterated a “positive” rating and issued a $79.00 price target (up previously from $58.00) on shares of SodaStream International in a report on Tuesday, August 1st. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. SodaStream International presently has a consensus rating of “Buy” and a consensus price target of $60.75.

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).

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

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