SodaStream International Ltd. (SODA) Position Held by Origin Asset Management LLP
Origin Asset Management LLP maintained its stake in SodaStream International Ltd. (NASDAQ:SODA) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,699 shares of the company’s stock at the close of the second quarter. Origin Asset Management LLP’s holdings in SodaStream International were worth $412,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE increased its holdings in SodaStream International by 105.6% in the first quarter. Bank of America Corp DE now owns 2,921 shares of the company’s stock valued at $142,000 after buying an additional 55,479 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in SodaStream International in the first quarter valued at about $151,000. Caxton Associates LP purchased a new position in SodaStream International in the first quarter valued at about $243,000. Private Advisory Group LLC purchased a new position in SodaStream International in the first quarter valued at about $246,000. Finally, Segall Bryant & Hamill LLC purchased a new position in SodaStream International in the first quarter valued at about $262,000. 47.76% of the stock is owned by institutional investors.
Shares of SodaStream International Ltd. (SODA) traded down 0.30% during mid-day trading on Thursday, reaching $58.84. 31,241 shares of the company were exchanged. The company’s 50 day moving average price is $58.90 and its 200 day moving average price is $53.81. The firm has a market capitalization of $1.28 billion, a PE ratio of 21.81 and a beta of 1.20. SodaStream International Ltd. has a 12 month low of $23.77 and a 12 month high of $63.25.
SodaStream International (NASDAQ:SODA) last posted its earnings results on Wednesday, August 2nd. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.13. The firm had revenue of $130.60 million during the quarter, compared to analyst estimates of $129.33 million. SodaStream International had a net margin of 11.89% and a return on equity of 14.86%. SodaStream International’s revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.37 EPS. Equities analysts anticipate that SodaStream International Ltd. will post $2.74 earnings per share for the current year.
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A number of research analysts have recently weighed in on the stock. ValuEngine raised shares of SodaStream International from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Zacks Investment Research raised shares of SodaStream International from a “hold” rating to a “buy” rating and set a $70.00 price objective for the company in a research note on Tuesday, August 8th. Jefferies Group LLC set a $55.00 price objective on shares of SodaStream International and gave the stock a “hold” rating in a research note on Saturday, July 29th. BidaskClub raised shares of SodaStream International from a “hold” rating to a “buy” rating in a research note on Friday, August 25th. Finally, UBS AG raised shares of SodaStream International from a “neutral” rating to a “positive” rating in a research note on Thursday, August 3rd. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $60.75.
About SodaStream International
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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