UBS Group AG cut its stake in SodaStream International Ltd. (NASDAQ:SODA) by 30.9% during the first quarter, Holdings Channel reports. The fund owned 12,441 shares of the company’s stock after selling 5,554 shares during the period. UBS Group AG’s holdings in SodaStream International were worth $603,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC increased its position in SodaStream International by 216.7% in the first quarter. FMR LLC now owns 2,136,784 shares of the company’s stock valued at $103,485,000 after buying an additional 1,462,018 shares during the last quarter. Bogle Investment Management L P DE increased its position in SodaStream International by 19.1% in the first quarter. Bogle Investment Management L P DE now owns 194,174 shares of the company’s stock worth $9,403,000 after buying an additional 31,200 shares in the last quarter. Systematic Financial Management LP increased its position in SodaStream International by 35.6% in the first quarter. Systematic Financial Management LP now owns 134,120 shares of the company’s stock worth $6,495,000 after buying an additional 35,195 shares in the last quarter. Menta Capital LLC increased its position in SodaStream International by 27.0% in the first quarter. Menta Capital LLC now owns 120,135 shares of the company’s stock worth $5,818,000 after buying an additional 25,524 shares in the last quarter. Finally, Spark Investment Management LLC increased its position in SodaStream International by 82.5% in the first quarter. Spark Investment Management LLC now owns 93,800 shares of the company’s stock worth $4,542,000 after buying an additional 42,400 shares in the last quarter. Institutional investors and hedge funds own 44.83% of the company’s stock.

SodaStream International Ltd. (SODA) opened at 57.57 on Wednesday. SodaStream International Ltd. has a 52-week low of $23.41 and a 52-week high of $59.00. The stock’s 50 day moving average price is $53.65 and its 200-day moving average price is $50.07. The company has a market capitalization of $1.24 billion, a P/E ratio of 23.62 and a beta of 1.19.

SodaStream International (NASDAQ:SODA) last issued its quarterly earnings results on Wednesday, May 10th. The company reported $0.66 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate 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 return on equity of 13.96% and a net margin of 10.83%. The business’s revenue was up 14.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.29 earnings per share. Analysts predict that SodaStream International Ltd. will post $2.55 earnings per share for the current fiscal year.

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SODA has been the subject of a number of research reports. ValuEngine upgraded SodaStream International from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Zacks Investment Research upgraded SodaStream International from a “hold” rating to a “buy” rating and set a $61.00 target price for the company in a research report on Saturday, May 13th. Susquehanna Bancshares Inc reiterated a “neutral” rating and set a $54.00 target price (down from $60.00) on shares of SodaStream International in a research report on Friday, May 12th. Jefferies Group LLC reiterated a “hold” rating and set a $50.00 target price on shares of SodaStream International in a research report on Wednesday, April 26th. Finally, BidaskClub downgraded SodaStream International from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. SodaStream International currently has an average rating of “Buy” and an average price target of $47.40.

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

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