Values First Advisors Inc. Boosts Stake in National Beverage Corp. (NASDAQ:FIZZ)

Values First Advisors Inc. raised its stake in shares of National Beverage Corp. (NASDAQ:FIZZ) by 5.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 44,350 shares of the company’s stock after purchasing an additional 2,112 shares during the period. National Beverage accounts for about 1.1% of Values First Advisors Inc.’s investment portfolio, making the stock its 23rd biggest holding. Values First Advisors Inc.’s holdings in National Beverage were worth $2,082,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. increased its stake in National Beverage by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 2,751,778 shares of the company’s stock worth $136,818,000 after buying an additional 49,441 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of National Beverage by 3,226.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 9,713 shares of the company’s stock worth $529,000 after acquiring an additional 9,421 shares in the last quarter. SG Americas Securities LLC raised its stake in National Beverage by 11.6% during the third quarter. SG Americas Securities LLC now owns 11,066 shares of the company’s stock valued at $519,000 after purchasing an additional 1,146 shares in the last quarter. Squarepoint Ops LLC lifted its position in National Beverage by 307.6% during the second quarter. Squarepoint Ops LLC now owns 35,673 shares of the company’s stock valued at $1,828,000 after purchasing an additional 26,920 shares during the last quarter. Finally, J.W. Cole Advisors Inc. grew its position in National Beverage by 3.9% in the first quarter. J.W. Cole Advisors Inc. now owns 21,615 shares of the company’s stock worth $1,026,000 after acquiring an additional 815 shares in the last quarter. Hedge funds and other institutional investors own 23.95% of the company’s stock.

Wall Street Analyst Weigh In

Separately, UBS Group decreased their price target on National Beverage from $46.00 to $45.00 and set a “sell” rating on the stock in a report on Tuesday, September 10th.

National Beverage Stock Performance

Shares of NASDAQ:FIZZ opened at $45.68 on Friday. The firm’s 50 day simple moving average is $45.57 and its 200-day simple moving average is $46.88. The firm has a market cap of $4.28 billion, a PE ratio of 23.19 and a beta of 0.82. National Beverage Corp. has a one year low of $42.85 and a one year high of $53.58.

National Beverage (NASDAQ:FIZZ) last announced its quarterly earnings results on Thursday, September 5th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.01. The firm had revenue of $329.47 million during the quarter. National Beverage had a net margin of 15.36% and a return on equity of 39.91%.

National Beverage Company Profile

National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company's Power+ brand portfolio offers sparkling water products under the LaCroix, LaCroix Cúrate, and LaCroix NiCola; non-carbonated flavored water under the Clear Fruit; energy drink and shots under the Rip It; juice and juice-based products under Everfresh, Everfresh Premier Varietals, and Mr.