Granahan Investment Management Inc. MA increased its stake in shares of SodaStream International Ltd. (NASDAQ:SODA) by 9.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 417,155 shares of the company’s stock after purchasing an additional 35,621 shares during the quarter. SodaStream International makes up 2.3% of Granahan Investment Management Inc. MA’s holdings, making the stock its 5th largest position. Granahan Investment Management Inc. MA owned 1.90% of SodaStream International worth $27,720,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of SODA. Credit Suisse AG lifted its stake in shares of SodaStream International by 22.1% during the 1st quarter. Credit Suisse AG now owns 31,799 shares of the company’s stock worth $1,541,000 after purchasing an additional 5,756 shares during the last quarter. State of New Jersey Common Pension Fund D raised 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. DekaBank Deutsche Girozentrale raised its stake in SodaStream International by 58.2% in the second quarter. DekaBank Deutsche Girozentrale now owns 53,483 shares of the company’s stock valued at $2,846,000 after buying an additional 19,681 shares during the last quarter. Sigma Planning Corp purchased a new stake in SodaStream International in the second quarter valued at about $503,000. Finally, Bank of New York Mellon Corp raised its stake in SodaStream International by 196.1% in the second quarter. Bank of New York Mellon Corp now owns 140,551 shares of the company’s stock valued at $7,522,000 after buying an additional 93,079 shares during the last quarter. Hedge funds and other institutional investors own 51.87% of the company’s stock.

Shares of SodaStream International Ltd. (SODA) opened at $69.63 on Monday. SodaStream International Ltd. has a 12 month low of $37.91 and a 12 month high of $72.14. The company has a market capitalization of $1,524.61, a PE ratio of 24.18 and a beta of 1.20.

SodaStream International (NASDAQ:SODA) last announced its quarterly earnings data on Wednesday, November 1st. The company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.13. The business had revenue of $139.80 million for the quarter, compared to analyst estimates of $135.43 million. SodaStream International had a return on equity of 15.17% and a net margin of 12.47%. The company’s revenue was up 12.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.69 earnings per share. analysts expect that SodaStream International Ltd. will post 2.96 EPS for the current fiscal year.

A number of equities research analysts have commented on SODA shares. Susquehanna Bancshares set a $92.00 price target on SodaStream International and gave the company a “buy” rating in a research note on Wednesday, November 1st. Zacks Investment Research upgraded SodaStream International from a “hold” rating to a “buy” rating and set a $74.00 price target for the company in a research note on Tuesday, November 7th. Jefferies Group set a $60.00 price target on SodaStream International and gave the company a “hold” rating in a research note on Monday, October 30th. BidaskClub upgraded SodaStream International from a “hold” rating to a “buy” rating in a research note on Friday, August 25th. Finally, ValuEngine upgraded SodaStream International from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. SodaStream International presently has an average rating of “Buy” and an average target price of $75.33.

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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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