SodaStream International Ltd. (SODA) Holdings Trimmed by Systematic Financial Management LP

Systematic Financial Management LP cut its stake in SodaStream International Ltd. (NASDAQ:SODA) by 1.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 132,215 shares of the company’s stock after selling 1,905 shares during the quarter. Systematic Financial Management LP owned 0.61% of SodaStream International worth $7,076,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Alliancebernstein L.P. purchased a new stake in shares of SodaStream International in the first quarter worth approximately $3,434,000. Clinton Group Inc. purchased a new stake in shares of SodaStream International in the first quarter worth approximately $327,000. O Shaughnessy Asset Management LLC raised its stake in shares of SodaStream International by 31.8% in the first quarter. O Shaughnessy Asset Management LLC now owns 43,352 shares of the company’s stock worth $2,100,000 after purchasing an additional 10,458 shares during the last quarter. Steinberg Global Asset Management raised its stake in shares of SodaStream International by 9.1% in the first quarter. Steinberg Global Asset Management now owns 7,505 shares of the company’s stock worth $363,000 after purchasing an additional 626 shares during the last quarter. Finally, FMR LLC raised its stake in shares of SodaStream International by 216.7% in the first quarter. FMR LLC now owns 2,136,784 shares of the company’s stock worth $103,485,000 after purchasing an additional 1,462,018 shares during the last quarter. 47.71% of the stock is owned by hedge funds and other institutional investors.

Several brokerages have recently commented on SODA. ValuEngine raised SodaStream International from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Jefferies Group LLC reissued a “hold” rating and issued a $55.00 price objective on shares of SodaStream International in a research note on Thursday, August 31st. BidaskClub raised SodaStream International from a “hold” rating to a “buy” rating in a research note on Friday, August 25th. Zacks Investment Research raised SodaStream International from a “hold” rating to a “buy” rating and set a $70.00 price objective for the company in a research note on Tuesday, August 8th. Finally, UBS AG raised SodaStream International from a “neutral” rating to a “positive” rating in a research report on Thursday, August 3rd. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $60.75.

Shares of SodaStream International Ltd. (NASDAQ:SODA) traded up 1.49% during mid-day trading on Monday, hitting $59.45. The company had a trading volume of 8,328 shares. The firm has a 50-day moving average price of $59.04 and a 200-day moving average price of $53.95. SodaStream International Ltd. has a 52 week low of $23.77 and a 52 week high of $63.25. The firm has a market capitalization of $1.30 billion, a PE ratio of 22.03 and a beta of 1.20.

SodaStream International (NASDAQ:SODA) last issued its earnings results on Wednesday, August 2nd. The company reported $0.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.13. SodaStream International had a net margin of 11.89% and a return on equity of 14.86%. The firm had revenue of $130.60 million during the quarter, compared to analysts’ expectations of $129.33 million. During the same quarter last year, the company posted $0.37 earnings per share. The firm’s revenue was up 9.6% compared to the same quarter last year. Equities analysts forecast that SodaStream International Ltd. will post $2.74 earnings per share for the current year.

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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).

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

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