Celsius Holdings, Inc. (NASDAQ:CELH) Stock Holdings Boosted by HM Payson & Co.

HM Payson & Co. boosted its position in Celsius Holdings, Inc. (NASDAQ:CELH) by 122.2% during the 4th quarter, HoldingsChannel reports. The firm owned 1,000 shares of the company’s stock after buying an additional 550 shares during the quarter. HM Payson & Co.’s holdings in Celsius were worth $26,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Louisiana State Employees Retirement System raised its holdings in shares of Celsius by 0.9% during the fourth quarter. Louisiana State Employees Retirement System now owns 43,700 shares of the company’s stock valued at $1,151,000 after buying an additional 400 shares during the last quarter. Blue Trust Inc. increased its position in Celsius by 32.8% in the 4th quarter. Blue Trust Inc. now owns 1,786 shares of the company’s stock valued at $47,000 after acquiring an additional 441 shares during the period. Apriem Advisors raised its stake in Celsius by 3.0% during the 4th quarter. Apriem Advisors now owns 18,149 shares of the company’s stock valued at $478,000 after acquiring an additional 525 shares in the last quarter. Arizona State Retirement System boosted its position in Celsius by 1.3% during the 4th quarter. Arizona State Retirement System now owns 43,958 shares of the company’s stock worth $1,158,000 after acquiring an additional 553 shares during the period. Finally, Wealthcare Advisory Partners LLC boosted its position in Celsius by 6.6% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 9,417 shares of the company’s stock worth $248,000 after acquiring an additional 586 shares during the period. 60.95% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Celsius news, major shareholder William H. Milmoe sold 65,000 shares of Celsius stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $31.15, for a total transaction of $2,024,750.00. Following the completion of the sale, the insider now owns 261,245 shares of the company’s stock, valued at $8,137,781.75. This trade represents a 19.92 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Paul H. Storey sold 10,188 shares of the company’s stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $25.77, for a total transaction of $262,544.76. Following the completion of the transaction, the insider now directly owns 45,297 shares in the company, valued at $1,167,303.69. This trade represents a 18.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by corporate insiders.

Celsius Trading Down 0.6 %

NASDAQ CELH opened at $27.23 on Tuesday. Celsius Holdings, Inc. has a 1 year low of $21.10 and a 1 year high of $99.62. The stock’s 50-day moving average price is $25.83 and its two-hundred day moving average price is $29.22. The company has a market cap of $6.40 billion, a PE ratio of 61.89, a PEG ratio of 2.90 and a beta of 1.90.

Celsius (NASDAQ:CELH) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate 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. Research analysts forecast that Celsius Holdings, Inc. will post 0.89 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CELH has been the topic of a number of recent analyst reports. Roth Mkm restated a “buy” rating and set a $38.00 price objective on shares of Celsius in a research note on Friday, February 21st. Morgan Stanley restated an “equal weight” rating and set a $42.00 price target on shares of Celsius in a research report on Thursday, December 26th. TD Cowen cut shares of Celsius from a “buy” rating to a “hold” rating and decreased their price objective for the company from $40.00 to $29.00 in a report on Wednesday, January 22nd. JPMorgan Chase & Co. began coverage on Celsius in a report on Thursday, December 12th. They set an “overweight” rating and a $37.00 target price on the stock. Finally, Needham & Company LLC upped their target price on Celsius from $38.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat.com, Celsius has an average rating of “Moderate Buy” and a consensus price target of $47.78.

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.