Murphy Middleton Hinkle & Parker Inc. Buys Shares of 6,000 Celsius Holdings, Inc. (NASDAQ:CELH)

Murphy Middleton Hinkle & Parker Inc. acquired a new position in shares of Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 6,000 shares of the company's stock, valued at approximately $214,000.

Other institutional investors also recently bought and sold shares of the company. Wealthcare Advisory Partners LLC boosted its position in shares of Celsius by 3.2% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 9,718 shares of the company's stock worth $346,000 after buying an additional 301 shares in the last quarter. GAMMA Investing LLC lifted its stake in Celsius by 19.7% in the 1st quarter. GAMMA Investing LLC now owns 2,052 shares of the company's stock valued at $73,000 after buying an additional 338 shares in the last quarter. Moody National Bank Trust Division grew its holdings in Celsius by 1.3% during the 1st quarter. Moody National Bank Trust Division now owns 27,170 shares of the company's stock valued at $968,000 after buying an additional 344 shares during the last quarter. Louisiana State Employees Retirement System raised its holdings 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 worth $1,151,000 after acquiring an additional 400 shares during the last quarter. Finally, TD Private Client Wealth LLC raised its holdings 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 worth $99,000 after acquiring an additional 459 shares during the last quarter. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

Celsius Stock Down 1.4%

Shares of NASDAQ CELH traded down $0.61 on Thursday, hitting $41.46. The company had a trading volume of 2,431,479 shares, compared to its average volume of 8,089,293. The firm has a market capitalization of $10.69 billion, a P/E ratio of 94.23, a PEG ratio of 2.90 and a beta of 1.43. Celsius Holdings, Inc. has a 12-month low of $21.10 and a 12-month high of $67.76. The business has a 50 day moving average of $37.17 and a two-hundred day moving average of $31.12.

Celsius (NASDAQ:CELH - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.02). Celsius had a return on equity of 51.89% and a net margin of 10.70%. The firm had revenue of $329.28 million for the quarter, compared to analyst estimates of $349.09 million. During the same period in the previous year, the firm posted $0.27 earnings per share. The company's revenue for the quarter was down 7.4% on a year-over-year basis. On average, sell-side analysts anticipate that Celsius Holdings, Inc. will post 0.89 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts recently commented 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 report on Friday, February 21st. Roth Mkm restated a "buy" rating and set a $38.00 target price on shares of Celsius in a research report on Friday, February 21st. Stifel Nicolaus started coverage on Celsius in a report on Thursday. They issued a "buy" rating and a $47.00 price target for the company. Wells Fargo & Company increased their target price on Celsius from $44.00 to $45.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 4th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $47.00 price target on shares of Celsius in a research note on Thursday, May 29th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have assigned a buy rating to the company's stock. According to data from MarketBeat, 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.