Celsius Holdings, Inc. (NASDAQ:CELH) Stock Holdings Lessened by Invesco Ltd.

Invesco Ltd. lessened its stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 23.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,351,814 shares of the company's stock after selling 719,533 shares during the quarter. Invesco Ltd. owned approximately 1.00% of Celsius worth $61,947,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Louisiana State Employees Retirement System raised its position in shares of Celsius by 0.9% in 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. raised its stake in Celsius by 32.8% during the fourth quarter. Blue Trust Inc. now owns 1,786 shares of the company's stock worth $47,000 after purchasing an additional 441 shares during the period. TD Private Client Wealth LLC boosted its holdings in shares of Celsius by 14.0% in the 4th quarter. TD Private Client Wealth LLC now owns 3,743 shares of the company's stock valued at $99,000 after purchasing an additional 459 shares during the last quarter. Apriem Advisors boosted its holdings in shares of Celsius by 3.0% in the 4th quarter. Apriem Advisors now owns 18,149 shares of the company's stock valued at $478,000 after purchasing an additional 525 shares during the last quarter. Finally, HM Payson & Co. increased its holdings in shares of Celsius by 122.2% during the 4th quarter. HM Payson & Co. now owns 1,000 shares of the company's stock worth $26,000 after buying an additional 550 shares during the last quarter. Institutional investors and hedge funds own 60.95% of the company's stock.

Celsius Price Performance

Shares of NASDAQ CELH traded up $0.58 during midday trading on Friday, reaching $37.24. 4,891,721 shares of the company traded hands, compared to its average volume of 7,739,710. The stock has a 50-day moving average price of $30.92 and a 200 day moving average price of $29.27. The company has a market cap of $9.60 billion, a price-to-earnings ratio of 84.64, a PEG ratio of 2.90 and a beta of 1.58. Celsius Holdings, Inc. has a 52 week low of $21.10 and a 52 week high of $98.85.

Celsius (NASDAQ:CELH - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.03. The business had revenue of $332.20 million for the quarter, compared to analyst estimates of $326.07 million. Celsius had a net margin of 10.70% and a return on equity of 51.89%. As a group, analysts expect that Celsius Holdings, Inc. will post 0.89 EPS for the current year.

Insider Buying and Selling

In other news, insider Paul H. Storey sold 10,188 shares of the 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 sale, the insider now owns 45,297 shares in the company, valued at approximately $1,167,303.69. This represents a 18.36 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Joyce Russell sold 4,000 shares of Celsius 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 completion of the transaction, the director now owns 19,106 shares in the company, valued at $543,947.82. The trade was a 17.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.20% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have issued reports on CELH. Roth Mkm reiterated a "buy" rating and set a $38.00 price objective on shares of Celsius in a research note on Friday, February 21st. Stifel Nicolaus cut their price target on Celsius from $45.00 to $37.00 and set a "buy" rating on the stock in a research note on Monday, February 10th. LADENBURG THALM/SH SH dropped their price objective on Celsius from $62.00 to $58.00 and set a "neutral" rating on the stock in a report on Thursday, March 27th. B. Riley reiterated a "buy" rating and set a $49.00 target price (up from $44.00) on shares of Celsius in a research note on Friday, February 21st. Finally, Needham & Company LLC lifted their price target on shares of Celsius from $40.00 to $45.00 and gave the stock a "buy" rating in a research note on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $46.47.

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.