Scotia Capital Inc. Has $2.41 Million Position in SodaStream International Ltd. (SODA)

Scotia Capital Inc. increased its position in shares of SodaStream International Ltd. (NASDAQ:SODA) by 36.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,955 shares of the company’s stock after purchasing an additional 12,125 shares during the period. Scotia Capital Inc. owned approximately 0.21% of SodaStream International worth $2,406,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SODA. Private Advisory Group LLC grew its position in SodaStream International by 36.2% during the second quarter. Private Advisory Group LLC now owns 6,906 shares of the company’s stock worth $370,000 after buying an additional 1,834 shares during the period. Tower Research Capital LLC TRC grew its position in shares of SodaStream International by 253.0% in the second quarter. Tower Research Capital LLC TRC now owns 2,764 shares of the company’s stock valued at $148,000 after purchasing an additional 1,981 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of SodaStream International by 279.1% in the second quarter. Arrowstreet Capital Limited Partnership now owns 170,889 shares of the company’s stock valued at $9,146,000 after purchasing an additional 125,812 shares during the last quarter. C M Bidwell & Associates Ltd. grew its position in shares of SodaStream International by 28.3% in the second quarter. C M Bidwell & Associates Ltd. now owns 6,095 shares of the company’s stock valued at $326,000 after purchasing an additional 1,345 shares during the last quarter. Finally, Caxton Associates LP grew its position in shares of SodaStream International by 10.0% in the second quarter. Caxton Associates LP now owns 5,511 shares of the company’s stock valued at $295,000 after purchasing an additional 500 shares during the last quarter. 47.71% of the stock is owned by hedge funds and other institutional investors.

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SodaStream International (NASDAQ:SODA) last posted its earnings results on Wednesday, August 2nd. The company reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.13. The firm had revenue of $130.60 million during the quarter, compared to analysts’ expectations of $129.33 million. SodaStream International had a net margin of 11.89% and a return on equity of 14.86%. The company’s revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.37 earnings per share.

A number of analysts recently issued reports on the stock. BidaskClub lowered shares of SodaStream International from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Susquehanna Bancshares Inc reaffirmed a “buy” rating and set a $90.00 price target on shares of SodaStream International in a research note on Monday, October 2nd. ValuEngine downgraded shares of SodaStream International from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Zacks Investment Research downgraded shares of SodaStream International from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, UBS AG raised shares of SodaStream International from a “neutral” rating to a “positive” rating in a research note on Thursday, August 3rd. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. SodaStream International presently has an average rating of “Buy” and an average price target of $63.50.

SodaStream International Profile

SodaStream International Ltd. is a sparkling water company. The Company manufactures, distributes and sells home beverage carbonation systems, which enable consumers to transform ordinary tap water into sparkling water and flavored sparkling water. The Company’s segments include The Americas, Western Europe, Asia-Pacific, and Central and Eastern Europe, Middle East and Africa (CEMEA).

Institutional Ownership by Quarter for SodaStream International (NASDAQ:SODA)

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