Jump Financial LLC cut its holdings in Celsius Holdings, Inc. (NASDAQ:CELH) by 30.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,900 shares of the company’s stock after selling 6,212 shares during the quarter. Jump Financial LLC’s holdings in Celsius were worth $1,058,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Celsius by 100.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 916 shares of the company’s stock worth $70,000 after acquiring an additional 459 shares during the last quarter. California State Teachers Retirement System grew its holdings in Celsius by 0.9% in the 1st quarter. California State Teachers Retirement System now owns 54,270 shares of the company’s stock valued at $2,608,000 after buying an additional 502 shares during the period. Arizona State Retirement System lifted its holdings in shares of Celsius by 6.3% during the 2nd quarter. Arizona State Retirement System now owns 8,870 shares of the company’s stock worth $675,000 after acquiring an additional 527 shares during the period. Ameritas Investment Partners Inc. increased its position in Celsius by 17.5% during the second quarter. Ameritas Investment Partners Inc. now owns 3,566 shares of the company’s stock worth $271,000 after purchasing an additional 531 shares during the last quarter. Finally, IFP Advisors Inc acquired a new stake in shares of Celsius during the 2nd quarter worth $50,000. Hedge funds and other institutional investors own 41.76% of the company’s stock.
Several equities analysts have recently weighed in on CELH shares. Zacks Investment Research lowered Celsius from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Credit Suisse Group boosted their price objective on Celsius from $78.00 to $82.00 and gave the stock an “outperform” rating in a research note on Friday, August 13th. B. Riley boosted their price target on Celsius from $92.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, August 13th. Roth Capital increased their price objective on shares of Celsius from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, September 10th. Finally, Jefferies Financial Group started coverage on shares of Celsius in a research note on Thursday, September 16th. They issued a “buy” rating and a $115.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, Celsius presently has an average rating of “Buy” and an average price target of $78.14.
Celsius (NASDAQ:CELH) last announced its quarterly earnings data on Thursday, August 12th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.04. Celsius had a return on equity of 8.78% and a net margin of 5.84%. The firm had revenue of $65.07 million for the quarter, compared to analysts’ expectations of $51.67 million. Equities analysts expect that Celsius Holdings, Inc. will post 0.18 EPS for the current year.
Celsius Holdings, Inc engages in the development, marketing, sale, and distribution of calorie-burning beverages. It offers flavors including grapefruit, cucumber lime, orange pomegranate, pineapple coconut, watermelon berry, and strawberries and cream. The company was founded in April 2004 and is headquartered in Boca Raton, FL.
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