Renaissance Technologies LLC boosted its position in Sodastream International Ltd (NASDAQ:SODA) by 6.9% in the third quarter, HoldingsChannel.com reports. The firm owned 1,753,235 shares of the company’s stock after acquiring an additional 113,435 shares during the quarter. Renaissance Technologies LLC owned approximately 0.08% of Sodastream International worth $250,853,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in SODA. PSquared Asset Management AG acquired a new stake in Sodastream International in the third quarter valued at about $136,613,000. FIL Ltd acquired a new stake in Sodastream International in the third quarter valued at about $81,556,000. Gabelli Funds LLC acquired a new stake in Sodastream International in the third quarter valued at about $57,245,000. Credit Suisse AG lifted its position in shares of Sodastream International by 1,738.4% during the 3rd quarter. Credit Suisse AG now owns 335,412 shares of the company’s stock valued at $47,991,000 after acquiring an additional 317,167 shares during the period. Finally, Water Island Capital LLC acquired a new stake in shares of Sodastream International during the 3rd quarter valued at approximately $36,685,000. Hedge funds and other institutional investors own 72.81% of the company’s stock.

SODA stock opened at $143.68 on Thursday. Sodastream International Ltd has a 12-month low of $67.94 and a 12-month high of $143.85. The company has a market cap of $3.26 billion, a PE ratio of 43.67, a P/E/G ratio of 4.31 and a beta of 1.45.

SODA has been the subject of a number of research reports. BidaskClub upgraded shares of Sodastream International from a “hold” rating to a “buy” rating in a research report on Wednesday, August 8th. ValuEngine upgraded shares of Sodastream International from a “buy” rating to a “strong-buy” rating in a research report on Monday, August 20th. B. Riley downgraded shares of Sodastream International from a “buy” rating to a “hold” rating and lifted their price target for the company from $126.00 to $144.00 in a research report on Tuesday, August 21st. Finally, Zacks Investment Research downgraded shares of Sodastream International from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 10th. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $120.60.

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About Sodastream International

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.

Further Reading: Consumer Price Index (CPI)

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

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