Vanguard Group Inc. Has $101.30 Million Position in National Beverage Corp. $FIZZ

Vanguard Group Inc. lessened its holdings in National Beverage Corp. (NASDAQ:FIZZ) by 2.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,743,727 shares of the company’s stock after selling 71,430 shares during the quarter. Vanguard Group Inc.’s holdings in National Beverage were worth $101,298,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Hantz Financial Services Inc. increased its holdings in shares of National Beverage by 366.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 859 shares of the company’s stock valued at $32,000 after purchasing an additional 675 shares during the period. AlphaQuest LLC purchased a new stake in National Beverage in the 3rd quarter worth approximately $33,000. Osaic Holdings Inc. grew its holdings in shares of National Beverage by 72.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,018 shares of the company’s stock valued at $44,000 after acquiring an additional 428 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in shares of National Beverage by 116.8% in the second quarter. Tower Research Capital LLC TRC now owns 2,313 shares of the company’s stock worth $100,000 after acquiring an additional 1,246 shares during the last quarter. Finally, Pacer Advisors Inc. raised its holdings in shares of National Beverage by 14.0% during the third quarter. Pacer Advisors Inc. now owns 4,129 shares of the company’s stock worth $152,000 after acquiring an additional 507 shares in the last quarter. 23.95% of the stock is owned by institutional investors and hedge funds.

National Beverage Price Performance

NASDAQ:FIZZ opened at $37.25 on Thursday. National Beverage Corp. has a one year low of $31.21 and a one year high of $47.89. The company has a fifty day moving average price of $34.47 and a 200 day moving average price of $35.81. The stock has a market cap of $3.49 billion, a P/E ratio of 18.72 and a beta of 0.75.

National Beverage (NASDAQ:FIZZ) last announced its quarterly earnings data on Thursday, December 11th. The company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.03). The company had revenue of $288.33 million for the quarter, compared to analyst estimates of $292.66 million. National Beverage had a net margin of 15.55% and a return on equity of 39.29%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. UBS Group set a $35.00 target price on National Beverage and gave the stock a “sell” rating in a research report on Friday, December 5th. Weiss Ratings restated a “sell (d+)” rating on shares of National Beverage in a report on Monday, December 29th. Two analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell” and an average target price of $35.00.

About National Beverage

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.