New York State Teachers Retirement System Buys 668 Shares of Celsius Holdings, Inc. (NASDAQ:CELH)

New York State Teachers Retirement System raised its stake in Celsius Holdings, Inc. (NASDAQ:CELH) by 0.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 181,478 shares of the company’s stock after buying an additional 668 shares during the quarter. New York State Teachers Retirement System’s holdings in Celsius were worth $5,691,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of CELH. Vontobel Holding Ltd. raised its position in Celsius by 93.5% in the 3rd quarter. Vontobel Holding Ltd. now owns 47,147 shares of the company’s stock valued at $1,479,000 after buying an additional 22,786 shares during the last quarter. Lighthouse Investment Partners LLC bought a new position in shares of Celsius during the second quarter valued at about $20,024,000. LRI Investments LLC purchased a new position in Celsius during the first quarter worth about $134,000. Cetera Investment Advisers boosted its holdings in Celsius by 189.3% during the second quarter. Cetera Investment Advisers now owns 186,476 shares of the company’s stock worth $10,646,000 after purchasing an additional 122,011 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC bought a new stake in Celsius in the 1st quarter worth about $563,000. Institutional investors own 60.95% of the company’s stock.

Celsius Trading Up 2.1 %

Shares of CELH stock opened at $31.73 on Wednesday. Celsius Holdings, Inc. has a 12 month low of $28.20 and a 12 month high of $99.62. The stock has a market capitalization of $7.40 billion, a P/E ratio of 31.11, a PEG ratio of 2.45 and a beta of 1.86. The firm’s 50 day moving average is $32.65 and its 200 day moving average is $51.80.

Celsius (NASDAQ:CELH) last posted its earnings results on Tuesday, August 6th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.05. The firm had revenue of $402.00 million for the quarter, compared to the consensus estimate of $391.07 million. Celsius had a return on equity of 94.75% and a net margin of 19.58%. The business’s quarterly revenue was up 23.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.17 earnings per share. On average, equities analysts predict that Celsius Holdings, Inc. will post 0.79 EPS for the current year.

Insider Buying and Selling

In other Celsius news, CEO John Fieldly sold 74,847 shares of Celsius stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $32.80, for a total transaction of $2,454,981.60. Following the completion of the transaction, the chief executive officer now owns 1,812,490 shares of the company’s stock, valued at $59,449,672. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.20% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on CELH shares. UBS Group cut their target price on Celsius from $70.00 to $64.00 and set a “buy” rating on the stock in a research note on Wednesday, August 7th. LADENBURG THALM/SH SH cut their price objective on Celsius from $72.00 to $68.00 and set a “neutral” rating on the stock in a research report on Monday, October 21st. Jefferies Financial Group decreased their target price on Celsius from $53.00 to $48.00 and set a “buy” rating for the company in a research report on Thursday, October 10th. TD Cowen cut their price target on shares of Celsius from $68.00 to $50.00 and set a “buy” rating on the stock in a report on Wednesday, August 7th. Finally, Morgan Stanley restated an “equal weight” rating and set a $50.00 price target on shares of Celsius in a research report on Tuesday, August 20th. One research analyst has rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $56.27.

Celsius 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.