Liberty One Investment Management LLC Sells 455 Shares of Celsius Holdings, Inc. (NASDAQ:CELH)

Liberty One Investment Management LLC reduced its position in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 15.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,529 shares of the company’s stock after selling 455 shares during the quarter. Liberty One Investment Management LLC’s holdings in Celsius were worth $144,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Covestor Ltd raised its stake in shares of Celsius by 12.9% during the first quarter. Covestor Ltd now owns 1,110 shares of the company’s stock valued at $92,000 after acquiring an additional 127 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Celsius by 0.7% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 27,624 shares of the company’s stock valued at $2,291,000 after purchasing an additional 181 shares during the last quarter. Moody National Bank Trust Division raised its position in Celsius by 1.1% during the 2nd quarter. Moody National Bank Trust Division now owns 17,122 shares of the company’s stock valued at $977,000 after purchasing an additional 181 shares during the last quarter. Bleakley Financial Group LLC lifted its holdings in Celsius by 1.2% in the 1st quarter. Bleakley Financial Group LLC now owns 18,557 shares of the company’s stock worth $1,539,000 after buying an additional 215 shares during the period. Finally, Tidal Investments LLC increased its stake in shares of Celsius by 4.3% during the first quarter. Tidal Investments LLC now owns 6,025 shares of the company’s stock valued at $500,000 after buying an additional 249 shares during the period. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Wall Street Analyst Weigh In

CELH has been the subject of a number of research analyst reports. BNP Paribas started coverage on Celsius in a research note on Monday, June 24th. They issued an “outperform” rating and a $87.00 price target for the company. Maxim Group cut their target price on shares of Celsius from $90.00 to $65.00 and set a “buy” rating on the stock in a research note on Wednesday, August 7th. Roth Mkm reduced their price target on shares of Celsius from $75.00 to $65.00 and set a “buy” rating on the stock in a research report on Wednesday, August 7th. B. Riley lowered their price objective on shares of Celsius from $80.00 to $73.00 and set a “buy” rating for the company in a report on Wednesday, August 7th. Finally, Jefferies Financial Group reduced their target price on Celsius from $98.00 to $68.00 and set a “buy” rating on the stock in a report on Monday, July 22nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $64.79.

Celsius Stock Down 2.9 %

Shares of NASDAQ CELH traded down $1.21 during trading on Tuesday, reaching $40.35. The company had a trading volume of 5,227,261 shares, compared to its average volume of 5,257,560. Celsius Holdings, Inc. has a 12-month low of $36.17 and a 12-month high of $99.62. The business’s 50-day moving average is $51.56 and its 200 day moving average is $68.73. The stock has a market cap of $9.40 billion, a PE ratio of 44.09, a P/E/G ratio of 1.38 and a beta of 1.90.

Celsius (NASDAQ:CELH) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.23 by $0.05. The company had revenue of $402.00 million for the quarter, compared to the consensus estimate of $391.07 million. Celsius had a net margin of 18.63% and a return on equity of 111.29%. Celsius’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.17 EPS. On average, analysts anticipate that Celsius Holdings, Inc. will post 1.05 earnings per share for the current year.

Celsius Company Profile

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.