Vanguard Group Inc. Has $416.52 Million Stock Position in Celsius Holdings, Inc. (NASDAQ:CELH)

Vanguard Group Inc. lifted its holdings in Celsius Holdings, Inc. (NASDAQ:CELH) by 2.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,813,110 shares of the company’s stock after acquiring an additional 345,837 shares during the period. Vanguard Group Inc. owned approximately 0.07% of Celsius worth $416,517,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of Montreal Can grew its position in Celsius by 146.5% during the third quarter. Bank of Montreal Can now owns 66,748 shares of the company’s stock worth $2,171,000 after buying an additional 39,671 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Celsius by 5.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 129,427 shares of the company’s stock worth $4,059,000 after purchasing an additional 6,731 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of Celsius by 35.0% in the third quarter. BNP Paribas Financial Markets now owns 181,821 shares of the company’s stock worth $5,702,000 after purchasing an additional 47,138 shares during the period. Townsquare Capital LLC acquired a new position in Celsius in the third quarter valued at about $494,000. Finally, MetLife Investment Management LLC grew its stake in Celsius by 2.2% during the third quarter. MetLife Investment Management LLC now owns 89,074 shares of the company’s stock worth $2,793,000 after buying an additional 1,877 shares in the last quarter. Institutional investors and hedge funds own 60.95% of the company’s stock.

Insider Activity

In related news, insider Paul H. Storey sold 10,188 shares of the company’s stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $25.77, for a total transaction of $262,544.76. Following the sale, the insider now owns 45,297 shares in the company, valued at $1,167,303.69. This represents a 18.36 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Joyce Russell sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $28.47, for a total value of $113,880.00. Following the completion of the transaction, the director now directly owns 19,106 shares in the company, valued at approximately $543,947.82. This trade represents a 17.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.20% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Jefferies Financial Group cut their price target on shares of Celsius from $44.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, December 19th. JPMorgan Chase & Co. assumed coverage on Celsius in a report on Thursday, December 12th. They issued an “overweight” rating and a $37.00 target price on the stock. Roth Mkm reissued a “buy” rating and set a $38.00 price target on shares of Celsius in a report on Friday, February 21st. Morgan Stanley reaffirmed an “equal weight” rating and issued a $42.00 price objective on shares of Celsius in a research note on Thursday, December 26th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Celsius in a research note on Thursday, December 12th. They set a “hold” rating and a $32.00 target price for the company. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $45.00.

Celsius Trading Up 2.9 %

Shares of CELH opened at $36.75 on Thursday. The stock’s 50-day moving average price is $27.44 and its two-hundred day moving average price is $28.86. Celsius Holdings, Inc. has a 12 month low of $21.10 and a 12 month high of $98.85. The company has a market capitalization of $8.64 billion, a PE ratio of 83.52, a PEG ratio of 2.90 and a beta of 1.57.

Celsius (NASDAQ:CELH) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. The company had revenue of $332.20 million for the quarter, compared to analyst estimates of $326.07 million. Celsius had a return on equity of 51.89% and a net margin of 10.70%. Equities research analysts predict that Celsius Holdings, Inc. will post 0.89 EPS for the current fiscal year.

About Celsius

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.