Celsius Holdings, Inc. (NASDAQ:CELH) Stock Holdings Raised by New York State Common Retirement Fund

New York State Common Retirement Fund lifted its stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 30.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 430,427 shares of the company’s stock after purchasing an additional 99,269 shares during the period. New York State Common Retirement Fund owned about 0.18% of Celsius worth $11,337,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Signaturefd LLC raised its stake in Celsius by 48.3% during the third quarter. Signaturefd LLC now owns 1,160 shares of the company’s stock valued at $36,000 after buying an additional 378 shares in the last quarter. Activest Wealth Management bought a new stake in shares of Celsius in the 3rd quarter valued at approximately $39,000. Blue Trust Inc. raised its position in shares of Celsius by 69.0% during the 3rd quarter. Blue Trust Inc. now owns 1,345 shares of the company’s stock valued at $42,000 after acquiring an additional 549 shares in the last quarter. S.A. Mason LLC lifted its stake in Celsius by 100.0% during the fourth quarter. S.A. Mason LLC now owns 1,400 shares of the company’s stock worth $37,000 after purchasing an additional 700 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in Celsius by 185.7% in the fourth quarter. GAMMA Investing LLC now owns 1,714 shares of the company’s stock worth $45,000 after purchasing an additional 1,114 shares during the period. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Celsius Trading Down 3.8 %

Shares of NASDAQ:CELH opened at $31.37 on Tuesday. The company has a 50 day moving average of $26.02 and a 200-day moving average of $30.18. The firm has a market cap of $7.37 billion, a P/E ratio of 71.30, a P/E/G ratio of 2.90 and a beta of 1.78. Celsius Holdings, Inc. has a twelve month low of $21.10 and a twelve month high of $99.62.

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

Analyst Ratings Changes

CELH has been the topic of a number of research reports. Piper Sandler dropped their target price on shares of Celsius from $47.00 to $33.00 and set an “overweight” rating on the stock in a report on Thursday, January 23rd. Jefferies Financial Group dropped their price objective on shares of Celsius from $44.00 to $40.00 and set a “buy” rating on the stock in a research note on Thursday, December 19th. JPMorgan Chase & Co. began coverage on Celsius in a research note on Thursday, December 12th. They issued an “overweight” rating and a $37.00 target price for the company. Stifel Nicolaus lowered their target price on Celsius from $45.00 to $37.00 and set a “buy” rating for the company in a report on Monday, February 10th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $42.00 price target on shares of Celsius in a report on Thursday, December 26th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, Celsius has a consensus rating of “Moderate Buy” and a consensus price target of $47.67.

Insider Activity

In related news, major shareholder William H. Milmoe sold 65,000 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $31.15, for a total value of $2,024,750.00. Following the sale, the insider now directly owns 261,245 shares in the company, valued at $8,137,781.75. The trade was a 19.92 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 2.20% of the company’s stock.

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.