Acadian Asset Management LLC lessened its stake in shares of Sodastream International Ltd (NASDAQ:SODA) by 11.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 759,690 shares of the company’s stock after selling 98,333 shares during the period. Acadian Asset Management LLC’s holdings in Sodastream International were worth $53,437,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of SODA. FMR LLC raised its holdings in Sodastream International by 1.8% in the 2nd quarter. FMR LLC now owns 2,176,283 shares of the company’s stock valued at $116,474,000 after buying an additional 39,499 shares during the period. Renaissance Technologies LLC raised its holdings in Sodastream International by 16.1% in the 2nd quarter. Renaissance Technologies LLC now owns 818,500 shares of the company’s stock valued at $43,806,000 after buying an additional 113,500 shares during the period. Granahan Investment Management Inc. MA raised its holdings in Sodastream International by 9.3% in the 3rd quarter. Granahan Investment Management Inc. MA now owns 417,155 shares of the company’s stock valued at $27,720,000 after buying an additional 35,621 shares during the period. Lord Abbett & CO. LLC raised its holdings in Sodastream International by 589.3% in the 2nd quarter. Lord Abbett & CO. LLC now owns 397,956 shares of the company’s stock valued at $21,298,000 after buying an additional 340,223 shares during the period. Finally, Mckinley Capital Management LLC Delaware purchased a new stake in Sodastream International in the 3rd quarter valued at about $14,773,000. Institutional investors and hedge funds own 51.87% of the company’s stock.

Shares of Sodastream International Ltd (SODA) opened at $75.71 on Friday. The stock has a market cap of $7,790.00, a PE ratio of 7.64 and a beta of 1.20. Sodastream International Ltd has a one year low of $40.60 and a one year high of $76.42.

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

Several analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Sodastream International from a “buy” rating to a “hold” rating in a report on Friday, January 5th. BidaskClub upgraded shares of Sodastream International from a “hold” rating to a “buy” rating in a report on Wednesday, December 27th. Susquehanna Bancshares set a $92.00 price objective on shares of Sodastream International and gave the company a “buy” rating in a report on Wednesday, December 13th. ValuEngine lowered shares of Sodastream International from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, Jefferies Group set a $60.00 price objective on shares of Sodastream International and gave the company a “hold” rating in a report on Monday, October 30th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $75.33.

COPYRIGHT VIOLATION WARNING: “Acadian Asset Management LLC Has $53.44 Million Stake in Sodastream International Ltd (SODA)” was reported by Daily Political and is the sole property of of Daily Political. If you are viewing this news story on another website, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this news story can be viewed at https://www.dailypolitical.com/2018/01/19/acadian-asset-management-llc-has-53-44-million-stake-in-sodastream-international-ltd-soda.html.

Sodastream International 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).

Want to see what other hedge funds are holding SODA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sodastream International Ltd (NASDAQ:SODA).

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

Receive News & Ratings for Sodastream International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sodastream International and related companies with MarketBeat.com's FREE daily email newsletter.