National Beverage Corp. $FIZZ Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. lifted its position in shares of National Beverage Corp. (NASDAQ:FIZZ) by 1.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,784,866 shares of the company’s stock after acquiring an additional 41,139 shares during the quarter. Vanguard Group Inc. owned 2.97% of National Beverage worth $88,809,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in FIZZ. Hantz Financial Services Inc. increased its stake in shares of National Beverage by 366.8% during the third quarter. Hantz Financial Services Inc. now owns 859 shares of the company’s stock worth $32,000 after acquiring an additional 675 shares during the period. AlphaQuest LLC acquired a new position in shares of National Beverage during the third quarter worth about $33,000. Brown Brothers Harriman & Co. increased its stake in shares of National Beverage by 213.5% during the third quarter. Brown Brothers Harriman & Co. now owns 1,066 shares of the company’s stock worth $39,000 after acquiring an additional 726 shares during the period. Advisory Services Network LLC acquired a new position in shares of National Beverage during the third quarter worth about $39,000. Finally, WealthCollab LLC increased its stake in shares of National Beverage by 502.8% during the fourth quarter. WealthCollab LLC now owns 1,296 shares of the company’s stock worth $41,000 after acquiring an additional 1,081 shares during the period. 23.95% of the stock is currently owned by institutional investors and hedge funds.

National Beverage Trading Up 0.7%

Shares of FIZZ opened at $34.81 on Thursday. The firm’s 50-day moving average is $34.45 and its two-hundred day moving average is $34.17. National Beverage Corp. has a twelve month low of $31.21 and a twelve month high of $47.89. The firm has a market capitalization of $3.26 billion, a P/E ratio of 17.32 and a beta of 0.74.

National Beverage (NASDAQ:FIZZ) last issued its earnings results on Thursday, March 12th. The company reported $0.44 earnings per share for the quarter, hitting the consensus estimate of $0.44. National Beverage had a net margin of 15.71% and a return on equity of 36.00%. The company had revenue of $264.59 million for the quarter, compared to analyst estimates of $271.06 million.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. UBS Group boosted their price target on shares of National Beverage from $34.00 to $35.00 and gave the stock a “sell” rating in a research note on Monday, March 16th. Weiss Ratings restated a “sell (d+)” rating on shares of National Beverage in a research report on Friday, March 27th. Two investment analysts have rated the stock with a Sell rating, According to data from MarketBeat, National Beverage has an average rating of “Sell” and a consensus target price of $35.00.

National Beverage Company Profile

National Beverage Corp. (NASDAQ: FIZZ) is a U.S.-based beverage company specializing in the development, marketing and production of nonalcoholic refreshment products. The company’s portfolio includes a range of sparkling waters, soft drinks and energy beverages designed for a variety of consumer tastes and dietary preferences. Through in-house bottling operations and strategic partnerships with co-packers, National Beverage manages production from flavor formulation to final packaging and distribution.

Founded in 1985, National Beverage has broadened its product lineup over the decades through both organic brand introductions and selective acquisitions.