Landscape Capital Management L.L.C. Sells 49,243 Shares of National Beverage Corp. $FIZZ

Landscape Capital Management L.L.C. reduced its stake in National Beverage Corp. (NASDAQ:FIZZ) by 44.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 60,322 shares of the company’s stock after selling 49,243 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in National Beverage were worth $1,924,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FIZZ. Royal Bank of Canada raised its holdings in National Beverage by 8.1% in the 1st quarter. Royal Bank of Canada now owns 18,266 shares of the company’s stock valued at $758,000 after acquiring an additional 1,363 shares during the period. AQR Capital Management LLC grew its position in shares of National Beverage by 33.5% during the 1st quarter. AQR Capital Management LLC now owns 19,886 shares of the company’s stock worth $826,000 after purchasing an additional 4,990 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of National Beverage by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,973 shares of the company’s stock worth $580,000 after purchasing an additional 620 shares in the last quarter. Millennium Management LLC grew its position in shares of National Beverage by 485.3% during the 1st quarter. Millennium Management LLC now owns 275,644 shares of the company’s stock worth $11,450,000 after purchasing an additional 228,553 shares in the last quarter. Finally, Jane Street Group LLC grew its position in shares of National Beverage by 12,294.9% during the 1st quarter. Jane Street Group LLC now owns 48,292 shares of the company’s stock worth $2,006,000 after purchasing an additional 48,688 shares in the last quarter. 23.95% of the stock is owned by institutional investors.

National Beverage Price Performance

Shares of National Beverage stock opened at $36.55 on Tuesday. National Beverage Corp. has a fifty-two week low of $31.21 and a fifty-two week high of $47.89. The firm has a market capitalization of $3.42 billion, a P/E ratio of 18.18 and a beta of 0.76. The company’s 50 day moving average price is $35.07 and its two-hundred day moving average price is $34.57.

Wall Street Analyst Weigh In

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