UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in shares of Monster Beverage Co. (NASDAQ:MNST – Free Report) by 10.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 4,912,217 shares of the company’s stock after selling 568,918 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Monster Beverage were worth $256,270,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in MNST. Lazard Asset Management LLC boosted its stake in shares of Monster Beverage by 40.0% in the 1st quarter. Lazard Asset Management LLC now owns 2,189 shares of the company’s stock valued at $129,000 after purchasing an additional 625 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in Monster Beverage by 37.3% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 13,869 shares of the company’s stock worth $822,000 after acquiring an additional 3,767 shares during the period. Hancock Whitney Corp bought a new stake in shares of Monster Beverage during the 1st quarter valued at $225,000. LRI Investments LLC acquired a new position in shares of Monster Beverage in the 1st quarter valued at $26,000. Finally, Swedbank AB bought a new position in shares of Monster Beverage in the 1st quarter worth $5,863,000. 72.36% of the stock is owned by institutional investors and hedge funds.
Monster Beverage Trading Down 0.0 %
Shares of NASDAQ:MNST opened at $55.13 on Friday. The stock has a market capitalization of $53.62 billion, a PE ratio of 35.34, a price-to-earnings-growth ratio of 2.63 and a beta of 0.74. The company’s 50-day moving average price is $53.11 and its two-hundred day moving average price is $51.08. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.13 and a quick ratio of 2.51. Monster Beverage Co. has a one year low of $43.32 and a one year high of $61.22.
Analysts Set New Price Targets
View Our Latest Report on Monster Beverage
About Monster Beverage
Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally. The company operates through three segments: Monster Energy Drinks, Strategic Brands, Alcohol Brands, and Other.
Read More
- Five stocks we like better than Monster Beverage
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- The Latest 13F Filings Are In: See Where Big Money Is Flowing
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- 3 Penny Stocks Ready to Break Out in 2025
- Using the MarketBeat Stock Split Calculator
- FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential
Want to see what other hedge funds are holding MNST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Monster Beverage Co. (NASDAQ:MNST – Free Report).
Receive News & Ratings for Monster Beverage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monster Beverage and related companies with MarketBeat.com's FREE daily email newsletter.