Celsius Holdings, Inc. (NASDAQ:CELH) Position Reduced by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp lessened its holdings in Celsius Holdings, Inc. (NASDAQ:CELH) by 83.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,288 shares of the company’s stock after selling 57,698 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Celsius were worth $297,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of CELH. EntryPoint Capital LLC bought a new stake in Celsius in the fourth quarter worth $422,000. Vanguard Group Inc. increased its holdings in shares of Celsius by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 15,813,110 shares of the company’s stock worth $416,517,000 after purchasing an additional 345,837 shares during the period. LPL Financial LLC increased its stake in Celsius by 10.4% during the fourth quarter. LPL Financial LLC now owns 318,061 shares of the company’s stock valued at $8,378,000 after acquiring an additional 29,879 shares during the period. Fox Run Management L.L.C. increased its position in shares of Celsius by 45.0% during the fourth quarter. Fox Run Management L.L.C. now owns 10,399 shares of the company’s stock valued at $274,000 after purchasing an additional 3,227 shares during the period. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of Celsius in the 4th quarter valued at $811,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Wall Street Analyst Weigh In

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

Insider Activity

In other news, Director Joyce Russell sold 4,000 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $28.47, for a total transaction of $113,880.00. Following the transaction, the director now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Paul H. Storey sold 10,188 shares of Celsius stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $25.77, for a total value of $262,544.76. Following the sale, the insider now directly owns 45,297 shares of the company’s stock, valued at $1,167,303.69. This represents a 18.36 % decrease in their position. The disclosure for this sale can be found here. 2.20% of the stock is owned by insiders.

Celsius Stock Up 2.9 %

Shares of CELH opened at $36.75 on Thursday. The stock has a market capitalization of $8.64 billion, a P/E ratio of 83.52, a P/E/G ratio of 2.90 and a beta of 1.57. Celsius Holdings, Inc. has a twelve month low of $21.10 and a twelve month high of $98.85. The company has a 50 day moving average of $27.44 and a 200-day moving average of $28.86.

Celsius (NASDAQ:CELH) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.14 earnings per share for the quarter, beating 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. On average, sell-side analysts anticipate that Celsius Holdings, Inc. will post 0.89 earnings per share for the current fiscal year.

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.