BlueMountain Capital Management LLC reduced its holdings in shares of Sodastream International Ltd (NASDAQ:SODA) by 68.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,329 shares of the company’s stock after selling 2,944 shares during the period. BlueMountain Capital Management LLC’s holdings in Sodastream International were worth $113,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Cambridge Investment Research Advisors Inc. lifted its position in Sodastream International by 25.5% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 4,672 shares of the company’s stock worth $399,000 after buying an additional 949 shares in the last quarter. Janus Henderson Group PLC purchased a new position in Sodastream International during the second quarter worth approximately $457,000. BlackRock Inc. lifted its position in Sodastream International by 18.6% during the second quarter. BlackRock Inc. now owns 392,487 shares of the company’s stock worth $33,479,000 after buying an additional 61,633 shares in the last quarter. Swiss National Bank lifted its position in Sodastream International by 11.7% during the second quarter. Swiss National Bank now owns 38,100 shares of the company’s stock worth $3,250,000 after buying an additional 4,000 shares in the last quarter. Finally, Segall Bryant & Hamill LLC purchased a new position in Sodastream International during the second quarter worth approximately $1,143,000. 59.28% of the stock is currently owned by institutional investors.

Shares of Sodastream International stock opened at $143.10 on Wednesday. The company has a market cap of $3.24 billion, a P/E ratio of 43.55, a P/E/G ratio of 4.28 and a beta of 1.40. Sodastream International Ltd has a one year low of $59.76 and a one year high of $143.30.

Sodastream International (NASDAQ:SODA) last posted its earnings results on Wednesday, August 1st. The company reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.41. The company had revenue of $171.49 million during the quarter, compared to analysts’ expectations of $147.93 million. Sodastream International had a return on equity of 17.48% and a net margin of 14.69%. The firm’s quarterly revenue was up 31.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.64 earnings per share. analysts forecast that Sodastream International Ltd will post 4.45 EPS for the current year.

A number of equities analysts recently commented on SODA shares. BidaskClub upgraded Sodastream International from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 12th. B. Riley downgraded Sodastream International from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $126.00 to $144.00 in a research report on Tuesday, August 21st. ValuEngine upgraded Sodastream International from a “buy” rating to a “strong-buy” rating in a research report on Monday, August 20th. Zacks Investment Research upgraded Sodastream International from a “sell” rating to a “hold” rating and set a $143.00 price objective on the stock in a research report on Tuesday, August 7th. Finally, Susquehanna Bancshares lifted their price objective on Sodastream International from $118.00 to $147.00 and gave the stock a “positive” rating in a research report on Thursday, August 2nd. Four investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $120.60.

Sodastream International Profile

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

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