Savoir Faire Capital Management L.P. Sells 19,452 Shares of Celsius Holdings Inc. $CELH

Savoir Faire Capital Management L.P. reduced its holdings in Celsius Holdings Inc. (NASDAQ:CELH) by 23.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 63,696 shares of the company’s stock after selling 19,452 shares during the period. Celsius makes up about 1.4% of Savoir Faire Capital Management L.P.’s investment portfolio, making the stock its 28th largest position. Savoir Faire Capital Management L.P.’s holdings in Celsius were worth $2,913,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of CELH. Harbor Investment Advisory LLC bought a new stake in Celsius in the 3rd quarter valued at $27,000. Brown Brothers Harriman & Co. raised its position in shares of Celsius by 1,020.4% during the third quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company’s stock valued at $32,000 after buying an additional 500 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new position in shares of Celsius during the fourth quarter valued at about $31,000. Cullen Frost Bankers Inc. lifted its stake in shares of Celsius by 697.3% in the third quarter. Cullen Frost Bankers Inc. now owns 901 shares of the company’s stock valued at $52,000 after buying an additional 788 shares during the period. Finally, Clearstead Advisors LLC lifted its stake in shares of Celsius by 52.7% in the third quarter. Clearstead Advisors LLC now owns 916 shares of the company’s stock valued at $53,000 after buying an additional 316 shares during the period. 60.95% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on CELH shares. JPMorgan Chase & Co. boosted their price target on Celsius from $68.00 to $77.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Bank of America raised Celsius from an “underperform” rating to a “buy” rating and set a $65.00 price objective on the stock in a report on Friday, February 27th. Citigroup lowered their price objective on Celsius from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. UBS Group cut their target price on Celsius from $72.00 to $62.00 and set a “buy” rating for the company in a research note on Tuesday, April 7th. Finally, Weiss Ratings raised Celsius from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, March 4th. Twenty research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Celsius presently has an average rating of “Moderate Buy” and a consensus target price of $65.72.

Celsius Stock Up 2.8%

Shares of NASDAQ:CELH opened at $33.57 on Friday. The company’s fifty day moving average is $39.53 and its 200-day moving average is $45.96. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.37 and a current ratio of 1.68. Celsius Holdings Inc. has a 52 week low of $32.01 and a 52 week high of $66.74. The company has a market capitalization of $8.62 billion, a PE ratio of 134.28, a P/E/G ratio of 1.18 and a beta of 1.13.

Celsius (NASDAQ:CELH) last announced its earnings results on Thursday, February 26th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.07. The business had revenue of $721.63 million during the quarter, compared to analysts’ expectations of $638.17 million. Celsius had a net margin of 4.29% and a return on equity of 37.68%. The firm’s revenue for the quarter was up 117.2% on a year-over-year basis. During the same quarter last year, the company posted ($0.11) EPS. Equities research analysts predict that Celsius Holdings Inc. will post 1.6 earnings per share for the current fiscal year.

Celsius Company Profile

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.