Celsius Holdings, Inc. (CELH) Shares Bought by Anchor Capital Advisors LLC

Anchor Capital Advisors LLC raised its stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 51.6% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 239,630 shares of the company’s stock after buying an additional 81,608 shares during the period. Anchor Capital Advisors LLC’s holdings in Celsius were worth $1,021,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. US Bancorp DE lifted its holdings in Celsius by 264.0% during the 1st quarter. US Bancorp DE now owns 10,000 shares of the company’s stock valued at $42,000 after purchasing an additional 7,253 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in Celsius by 119.7% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 36,836 shares of the company’s stock valued at $157,000 after purchasing an additional 20,069 shares during the last quarter. Arcus Capital Partners LLC increased its position in Celsius by 309.6% during the 1st quarter. Arcus Capital Partners LLC now owns 21,341,255 shares of the company’s stock worth $90,914,000 after buying an additional 16,130,891 shares during the period. SG Americas Securities LLC bought a new position in Celsius during the 1st quarter worth $71,000. Finally, Virtu Financial LLC bought a new position in Celsius during the 1st quarter worth $70,000. 48.05% of the stock is currently owned by hedge funds and other institutional investors.

CELH stock opened at $4.15 on Friday. The company has a current ratio of 3.53, a quick ratio of 2.07 and a debt-to-equity ratio of 0.37. The firm has a market cap of $237.83 million, a price-to-earnings ratio of -18.04 and a beta of 0.82. Celsius Holdings, Inc. has a fifty-two week low of $3.05 and a fifty-two week high of $5.07.

Celsius (NASDAQ:CELH) last posted its quarterly earnings data on Thursday, May 9th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.02. The firm had revenue of $14.49 million for the quarter, compared to analysts’ expectations of $14.26 million. Celsius had a negative return on equity of 59.91% and a net margin of 5.97%. As a group, equities analysts expect that Celsius Holdings, Inc. will post -0.01 EPS for the current fiscal year.

Several research firms have weighed in on CELH. Maxim Group reiterated a “buy” rating and set a $8.00 price objective on shares of Celsius in a research report on Thursday, March 14th. Zacks Investment Research upgraded Celsius from a “hold” rating to a “buy” rating and set a $4.75 price objective on the stock in a research report on Tuesday, February 5th.

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About Celsius

Celsius Holdings, Inc develops, markets, distributes, and sells functional calorie-burning fitness beverages in the United States and internationally. The company offers its beverages in various flavors, including carbonated orange, wild berry, cola, grape, kiwi-guava, and watermelon; and non-carbonated green tea raspberry/acai, green tea/peach mango, pineapple coconut, watermelon berry, and strawberries and cream, as well as sparkling grapefruit, cucumber lime, and orange pomegranate under the Celsius name.

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Institutional Ownership by Quarter for Celsius (NASDAQ:CELH)

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