Sigma Planning Corp purchased a new position in shares of SodaStream International Ltd. (NASDAQ:SODA) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 9,400 shares of the company’s stock, valued at approximately $503,000.

Several other institutional investors also recently made changes to their positions in SODA. Alliancebernstein L.P. bought a new position in shares of SodaStream International during the first quarter worth about $3,434,000. Norges Bank bought a new position in shares of SodaStream International during the fourth quarter worth about $1,028,000. Clinton Group Inc. bought a new position in shares of SodaStream International during the first quarter worth about $327,000. O Shaughnessy Asset Management LLC increased its position in shares of SodaStream International by 31.8% in the first quarter. O Shaughnessy Asset Management LLC now owns 43,352 shares of the company’s stock worth $2,100,000 after buying an additional 10,458 shares in the last quarter. Finally, Steinberg Global Asset Management increased its position in shares of SodaStream International by 9.1% in the first quarter. Steinberg Global Asset Management now owns 7,505 shares of the company’s stock worth $363,000 after buying an additional 626 shares in the last quarter. Institutional investors and hedge funds own 48.59% of the company’s stock.

Shares of SodaStream International Ltd. (SODA) opened at 59.55 on Tuesday. SodaStream International Ltd. has a 52 week low of $23.77 and a 52 week high of $63.25. The firm has a market capitalization of $1.30 billion, a PE ratio of 22.07 and a beta of 1.20. The company has a 50-day moving average of $56.01 and a 200-day moving average of $51.90.

SodaStream International (NASDAQ:SODA) last issued its quarterly earnings data on Wednesday, August 2nd. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $129.33 million. During the same period in the previous year, the business earned $0.37 earnings per share. The company’s revenue was up 9.6% on a year-over-year basis. On average, equities analysts forecast that SodaStream International Ltd. will post $2.74 earnings per share for the current fiscal year.

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SODA has been the subject of a number of research analyst reports. Jefferies Group LLC set a $55.00 price target on shares of SodaStream International and gave the company a “hold” rating in a report on Saturday, July 29th. Zacks Investment Research downgraded shares of SodaStream International from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 19th. Susquehanna Bancshares Inc reiterated a “neutral” rating and issued a $54.00 price target (down previously from $60.00) on shares of SodaStream International in a report on Friday, May 12th. ValuEngine upgraded shares of SodaStream International from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Finally, UBS AG upgraded shares of SodaStream International from a “neutral” rating to a “positive” rating in a report on Thursday, August 3rd. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. SodaStream International currently has an average rating of “Buy” and an average 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).

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

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