Bogle Investment Management L P DE Buys 31,200 Shares of Sodastream International Ltd (SODA)

Bogle Investment Management L P DE boosted its stake in Sodastream International Ltd (NASDAQ:SODA) by 19.1% during the first quarter, Holdings Channel reports. The institutional investor owned 194,174 shares of the company’s stock after buying an additional 31,200 shares during the period. Bogle Investment Management L P DE’s holdings in Sodastream International were worth $9,403,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of Sodastream International during the first quarter valued at approximately $151,000. Allianz Asset Management AG bought a new stake in shares of Sodastream International during the fourth quarter valued at approximately $242,000. Cavalier Investments LLC bought a new stake in shares of Sodastream International during the fourth quarter valued at approximately $261,000. Segall Bryant & Hamill LLC bought a new stake in shares of Sodastream International during the first quarter valued at approximately $262,000. Finally, Quantbot Technologies LP bought a new stake in shares of Sodastream International during the first quarter valued at approximately $264,000. 41.54% of the stock is owned by institutional investors.

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

Shares of Sodastream International Ltd (NASDAQ:SODA) traded down 0.93% during mid-day trading on Tuesday, hitting $53.40. 133,454 shares of the stock traded hands. Sodastream International Ltd has a 12 month low of $19.69 and a 12 month high of $57.68. The company has a market cap of $1.15 billion, a P/E ratio of 21.91 and a beta of 1.27. The firm has a 50 day moving average of $53.76 and a 200 day moving average of $46.41.

Sodastream International (NASDAQ:SODA) last posted its quarterly earnings results on Wednesday, May 10th. The company reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.28. The firm had revenue of $115.30 million for the quarter, compared to analyst estimates of $110.37 million. Sodastream International had a net margin of 6.92% and a return on equity of 9.60%. Sodastream International’s quarterly revenue was up 14.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.29 earnings per share. Equities analysts anticipate that Sodastream International Ltd will post $2.55 EPS for the current fiscal year.

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Several analysts have commented on SODA shares. ValuEngine upgraded shares of Sodastream International from a “hold” rating to a “buy” rating in a research note on Friday. Zacks Investment Research upgraded shares of Sodastream International from a “hold” rating to a “buy” rating and set a $61.00 price target on the stock in a research note on Saturday, May 13th. 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 research note on Friday, May 12th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $50.00 price target on shares of Sodastream International in a research note on Wednesday, April 26th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $47.40.

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).new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:SODA”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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