Mitsubishi UFJ Trust & Banking Corp Has $297,000 Stock Holdings in Celsius Holdings, Inc. (NASDAQ:CELH)

Mitsubishi UFJ Trust & Banking Corp reduced its holdings in shares of Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 83.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,288 shares of the company's stock after selling 57,698 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp's holdings in Celsius were worth $297,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Louisiana State Employees Retirement System increased its stake in Celsius by 0.9% in the 4th 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 shares of Celsius by 32.8% in the fourth 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 last quarter. TD Private Client Wealth LLC increased its position in shares of Celsius by 14.0% in the fourth quarter. TD Private Client Wealth LLC now owns 3,743 shares of the company's stock valued at $99,000 after acquiring an additional 459 shares during the last quarter. Apriem Advisors raised its holdings in Celsius by 3.0% during the fourth quarter. Apriem Advisors now owns 18,149 shares of the company's stock worth $478,000 after acquiring an additional 525 shares in the last quarter. Finally, HM Payson & Co. boosted its position in Celsius by 122.2% during the fourth quarter. HM Payson & Co. now owns 1,000 shares of the company's stock valued at $26,000 after purchasing an additional 550 shares during the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

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Insider Activity at Celsius

In other news, 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 transaction, the insider now owns 45,297 shares in the company, valued at approximately $1,167,303.69. This trade represents a 18.36 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Joyce Russell sold 4,000 shares of the business's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $28.47, for a total value of $113,880.00. Following the transaction, the director now directly owns 19,106 shares of the company's stock, valued at $543,947.82. This trade represents a 17.31 % decrease in their position. The disclosure for this sale can be found here. 2.20% of the stock is owned by insiders.

Celsius Price Performance

NASDAQ CELH traded down $0.08 on Monday, reaching $35.46. The stock had a trading volume of 10,824,271 shares, compared to its average volume of 7,616,741. Celsius Holdings, Inc. has a 1-year low of $21.10 and a 1-year high of $98.85. The firm has a fifty day moving average of $28.05 and a two-hundred day moving average of $28.86. The company has a market cap of $8.34 billion, a P/E ratio of 80.59, a price-to-earnings-growth ratio of 2.90 and a beta of 1.58.

Celsius (NASDAQ:CELH - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.03. The firm had revenue of $332.20 million during the quarter, compared to analysts' expectations of $326.07 million. Celsius had a return on equity of 51.89% and a net margin of 10.70%. Research analysts predict that Celsius Holdings, Inc. will post 0.89 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on CELH shares. B. Riley reiterated a "buy" rating and set a $49.00 price objective (up previously from $44.00) on shares of Celsius in a research note on Friday, February 21st. Morgan Stanley reissued an "equal weight" rating and issued a $42.00 price objective on shares of Celsius in a research report on Thursday, December 26th. LADENBURG THALM/SH SH lowered their price objective on shares of Celsius from $62.00 to $58.00 and set a "neutral" rating on the stock in a research note on Thursday, March 27th. Needham & Company LLC raised their target price on shares of Celsius from $38.00 to $40.00 and gave the company a "buy" rating in a research note on Tuesday, February 25th. Finally, JPMorgan Chase & Co. initiated coverage on Celsius in a research report on Thursday, December 12th. They set an "overweight" rating and a $37.00 price target on the stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have given a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $45.00.

About Celsius

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.