WINTON GROUP Ltd Invests $744,000 in Celsius Holdings Inc. $CELH

WINTON GROUP Ltd bought a new position in shares of Celsius Holdings Inc. (NASDAQ:CELH) during the 2nd quarter, HoldingsChannel reports. The firm bought 25,400 shares of the company’s stock, valued at approximately $744,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Fideuram Asset Management Ireland dac purchased a new stake in Celsius in the fourth quarter valued at about $31,000. Continuum Advisory LLC purchased a new stake in shares of Celsius during the second quarter worth about $31,000. EverSource Wealth Advisors LLC increased its holdings in shares of Celsius by 16.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,501 shares of the company’s stock valued at $69,000 after acquiring an additional 208 shares in the last quarter. Summit Securities Group LLC acquired a new position in shares of Celsius during the first quarter valued at about $56,000. Finally, Cullen Frost Bankers Inc. raised its position in shares of Celsius by 88.7% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,700 shares of the company’s stock valued at $78,000 after purchasing an additional 799 shares during the last quarter. 60.95% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently commented on CELH. Morgan Stanley set a $42.00 target price on shares of Celsius and gave the stock an “overweight” rating in a research note on Friday, August 7th. Citigroup cut their price target on shares of Celsius from $50.00 to $40.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. The Goldman Sachs Group set a $45.00 price target on shares of Celsius in a report on Monday, August 10th. Weiss Ratings lowered shares of Celsius from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 11th. Finally, Roth Capital reissued a “buy” rating and issued a $48.00 target price on shares of Celsius in a research report on Friday, August 7th. Fourteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Celsius presently has an average rating of “Moderate Buy” and an average target price of $43.38.

Insider Activity at Celsius

In other Celsius news, CEO John Fieldly acquired 18,000 shares of the business’s stock in a transaction dated Thursday, September 10th. The shares were purchased at an average price of $27.44 per share, for a total transaction of $493,920.00. Following the completion of the purchase, the chief executive officer directly owned 956,063 shares of the company’s stock, valued at $26,234,368.72. The trade was a 1.92% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.33% of the stock is owned by company insiders.

Celsius Trading Up 4.5%

Celsius stock opened at $28.45 on Tuesday. The stock has a 50-day moving average price of $29.86 and a 200 day moving average price of $32.96. The company has a market capitalization of $7.20 billion, a price-to-earnings ratio of 118.54, a price-to-earnings-growth ratio of 1.88 and a beta of 0.93. Celsius Holdings Inc. has a 52 week low of $23.56 and a 52 week high of $66.74. The company has a quick ratio of 1.42, a current ratio of 1.80 and a debt-to-equity ratio of 0.56.

Celsius (NASDAQ:CELH) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.05). Celsius had a return on equity of 36.52% and a net margin of 4.24%.The business had revenue of $817.93 million during the quarter, compared to analyst estimates of $870.08 million. During the same quarter last year, the company posted $0.47 EPS. Celsius’s quarterly revenue was up 10.6% compared to the same quarter last year. Sell-side analysts anticipate that Celsius Holdings Inc. will post 1.45 EPS for the current year.

About Celsius

Celsius Holdings, Inc develops, markets and distributes functional, better-for-you beverages under the CELSIUS brand. Its products are positioned as energy drinks designed to support active lifestyles and are marketed with claims related to fitness, metabolism and sustained energy. The company offers a range of carbonated and noncarbonated beverages in various flavors and formulations, including CELSIUS Originals, CELSIUS Vibe and CELSIUS Essentials, as well as powdered drink mixes and other related products.

The company sells its beverages through a broad network of retail and e-commerce channels, including convenience stores, grocery stores, drugstores, warehouse clubs, gyms and other specialty outlets.