National Beverage Corp. $FIZZ Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC boosted its stake in National Beverage Corp. (NASDAQ:FIZZ) by 16.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 224,339 shares of the company’s stock after purchasing an additional 31,783 shares during the period. Natixis Advisors LLC owned about 0.24% of National Beverage worth $7,154,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of FIZZ. Hantz Financial Services Inc. grew its stake in shares of National Beverage by 366.8% in 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 in the last quarter. AlphaQuest LLC purchased a new stake in National Beverage in the third quarter valued at $33,000. Brown Brothers Harriman & Co. lifted its position in National Beverage by 213.5% in the third quarter. Brown Brothers Harriman & Co. now owns 1,066 shares of the company’s stock valued at $39,000 after acquiring an additional 726 shares during the last quarter. Advisory Services Network LLC purchased a new stake in National Beverage in the third quarter valued at $39,000. Finally, WealthCollab LLC lifted its position in National Beverage by 502.8% in the fourth quarter. WealthCollab LLC now owns 1,296 shares of the company’s stock valued at $41,000 after acquiring an additional 1,081 shares during the last quarter. Institutional investors and hedge funds own 23.95% of the company’s stock.

Wall Street Analyst Weigh In

FIZZ has been the subject of a number of research reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of National Beverage in a report on Friday, March 27th. 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. Two equities research analysts have rated the stock with a Sell rating, Based on data from MarketBeat, National Beverage presently has a consensus rating of “Sell” and an average target price of $35.00.

National Beverage Price Performance

Shares of NASDAQ FIZZ opened at $36.51 on Monday. The company has a market capitalization of $3.42 billion, a PE ratio of 18.16 and a beta of 0.76. The firm’s 50-day moving average is $34.69 and its two-hundred day moving average is $34.44. National Beverage Corp. has a 12-month low of $31.21 and a 12-month high of $47.89.

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

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.