National Beverage Corp. (FIZZ) Position Increased by Capital Impact Advisors LLC

Capital Impact Advisors LLC raised its position in National Beverage Corp. (NASDAQ:FIZZ) by 8.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,747 shares of the company’s stock after purchasing an additional 1,411 shares during the quarter. Capital Impact Advisors LLC’s holdings in National Beverage were worth $2,142,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of FIZZ. Pennsylvania Trust Co increased its position in shares of National Beverage by 19.5% during the second quarter. Pennsylvania Trust Co now owns 26,745 shares of the company’s stock worth $2,859,000 after acquiring an additional 4,355 shares during the period. Trexquant Investment LP purchased a new position in shares of National Beverage during the second quarter worth approximately $2,220,000. Bank of New York Mellon Corp increased its position in shares of National Beverage by 7.2% during the second quarter. Bank of New York Mellon Corp now owns 128,725 shares of the company’s stock worth $13,760,000 after acquiring an additional 8,612 shares during the period. FMR LLC purchased a new position in shares of National Beverage during the second quarter worth approximately $15,602,000. Finally, Xact Kapitalforvaltning AB purchased a new position in shares of National Beverage during the second quarter worth approximately $212,000. 24.17% of the stock is currently owned by institutional investors.

Shares of NASDAQ:FIZZ opened at $100.42 on Friday. The company has a market cap of $4.77 billion, a PE ratio of 31.48 and a beta of 0.86. National Beverage Corp. has a one year low of $83.78 and a one year high of $127.32.

National Beverage (NASDAQ:FIZZ) last released its quarterly earnings data on Thursday, September 6th. The company reported $1.04 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.04. National Beverage had a net margin of 15.90% and a return on equity of 51.15%. The firm had revenue of $292.59 million for the quarter, compared to the consensus estimate of $288.40 million. As a group, research analysts anticipate that National Beverage Corp. will post 3.83 EPS for the current year.

A number of equities analysts have recently commented on FIZZ shares. BidaskClub raised shares of National Beverage from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 23rd. Zacks Investment Research lowered shares of National Beverage from a “hold” rating to a “sell” rating in a research report on Friday, June 29th. Susquehanna Bancshares raised their target price on shares of National Beverage from $141.00 to $155.00 and gave the stock a “positive” rating in a research report on Tuesday, August 28th. Finally, Imperial Capital raised their target price on shares of National Beverage from $120.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, September 7th. Four investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $108.50.

National Beverage Profile

National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company offers beverages to the active and health-conscious consumers, including sparkling waters, energy drinks, and juices under the LaCroix, LaCroix Cúrate, LaCroix NiCola, Shasta Sparkling Water, the Rip It, Everfresh, Everfresh Premier Varietals, and Mr.

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Institutional Ownership by Quarter for National Beverage (NASDAQ:FIZZ)

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