21,000 Shares in Sodastream International Ltd (SODA) Acquired by Tokio Marine Asset Management Co. Ltd.

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Tokio Marine Asset Management Co. Ltd. acquired a new stake in Sodastream International Ltd (NASDAQ:SODA) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 21,000 shares of the company’s stock, valued at approximately $3,005,000. Tokio Marine Asset Management Co. Ltd. owned 0.09% of Sodastream International at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SODA. Wells Fargo & Company MN raised its holdings in shares of Sodastream International by 37.8% in the 1st quarter. Wells Fargo & Company MN now owns 28,264 shares of the company’s stock valued at $2,595,000 after buying an additional 7,751 shares during the period. Northern Trust Corp raised its holdings in shares of Sodastream International by 17.5% in the 1st quarter. Northern Trust Corp now owns 47,786 shares of the company’s stock valued at $4,389,000 after buying an additional 7,128 shares during the period. BlackRock Inc. raised its holdings in shares of Sodastream International by 4.1% in the 1st quarter. BlackRock Inc. now owns 330,854 shares of the company’s stock valued at $30,383,000 after buying an additional 13,147 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Sodastream International by 52.8% in the 1st quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock valued at $170,000 after buying an additional 638 shares during the period. Finally, UBS Group AG raised its holdings in shares of Sodastream International by 29.1% in the 1st quarter. UBS Group AG now owns 22,085 shares of the company’s stock valued at $2,028,000 after buying an additional 4,979 shares during the period. Hedge funds and other institutional investors own 58.88% of the company’s stock.

Several equities research analysts recently issued reports on the company. B. Riley boosted their price objective on Sodastream International from $110.00 to $126.00 and gave the company a “buy” rating in a report on Thursday, August 2nd. BidaskClub downgraded Sodastream International from a “strong-buy” rating to a “buy” rating in a report on Thursday, July 19th. Zacks Investment Research downgraded Sodastream International from a “hold” rating to a “sell” rating in a report on Friday, July 27th. Susquehanna Bancshares boosted their target price on Sodastream International from $118.00 to $147.00 and gave the stock a “positive” rating in a research note on Thursday, August 2nd. Finally, ValuEngine raised Sodastream International from a “buy” rating to a “strong-buy” rating in a research note on Monday, August 20th. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $120.60.

SODA traded up $0.11 on Tuesday, hitting $143.05. 3,864 shares of the company were exchanged, compared to its average volume of 344,302. Sodastream International Ltd has a twelve month low of $61.05 and a twelve month high of $143.30. The stock has a market capitalization of $3.25 billion, a price-to-earnings ratio of 43.48, a PEG ratio of 4.28 and a beta of 1.45.

Sodastream International (NASDAQ:SODA) last released its earnings results on Wednesday, August 1st. The company reported $1.14 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $0.41. Sodastream International had a return on equity of 17.48% and a net margin of 14.69%. The firm had revenue of $171.49 million during the quarter, compared to analysts’ expectations of $147.93 million. During the same period in the previous year, the firm posted $0.64 EPS. Sodastream International’s revenue for the quarter was up 31.3% on a year-over-year basis. As a group, equities research analysts anticipate that Sodastream International Ltd will post 4.45 EPS for the current year.

Sodastream International Profile

SodaStream International Ltd., together with its subsidiaries, manufactures, distributes, and sells home beverage carbonation systems. Its home beverage carbonation systems enable consumers to transform ordinary tap water into sparkling water and flavored sparkling water. The company offers sparkling water makers and exchangeable carbon-dioxide (CO2) cylinders, as well as consumables, including CO2 refills, reusable carbonation bottles, and flavors; and accessories for its products that are manufactured by third parties.

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

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