National Beverage Corp. (FIZZ) Position Lifted by BNP Paribas Arbitrage SA

BNP Paribas Arbitrage SA boosted its holdings in shares of National Beverage Corp. (NASDAQ:FIZZ) by 3,631.3% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 10,858 shares of the company’s stock after buying an additional 10,567 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in National Beverage were worth $627,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Cim LLC increased its position in National Beverage by 3.5% during the 4th quarter. Cim LLC now owns 5,504 shares of the company’s stock valued at $395,000 after buying an additional 184 shares in the last quarter. Lindbrook Capital LLC increased its position in National Beverage by 15.4% during the 1st quarter. Lindbrook Capital LLC now owns 1,500 shares of the company’s stock valued at $86,000 after buying an additional 200 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in National Beverage by 40.0% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 840 shares of the company’s stock valued at $60,000 after buying an additional 240 shares in the last quarter. Legal & General Group Plc increased its position in National Beverage by 5.3% during the 4th quarter. Legal & General Group Plc now owns 5,025 shares of the company’s stock valued at $360,000 after buying an additional 254 shares in the last quarter. Finally, Stifel Financial Corp increased its position in National Beverage by 4.6% during the 4th quarter. Stifel Financial Corp now owns 7,996 shares of the company’s stock valued at $573,000 after buying an additional 354 shares in the last quarter. 23.89% of the stock is currently owned by institutional investors.

Shares of FIZZ stock opened at $51.97 on Wednesday. The stock has a market capitalization of $2.54 billion, a PE ratio of 16.89 and a beta of 1.25. National Beverage Corp. has a fifty-two week low of $50.11 and a fifty-two week high of $127.32.



National Beverage (NASDAQ:FIZZ) last announced its quarterly earnings data on Thursday, March 7th. The company reported $0.53 earnings per share for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.23). The firm had revenue of $220.89 million during the quarter, compared to analyst estimates of $254.80 million. National Beverage had a net margin of 14.84% and a return on equity of 42.23%. Sell-side analysts anticipate that National Beverage Corp. will post 3.83 EPS for the current fiscal year.

Several brokerages recently issued reports on FIZZ. BidaskClub raised National Beverage from a “sell” rating to a “hold” rating in a research report on Tuesday, January 15th. Maxim Group reaffirmed a “sell” rating and set a $45.00 target price on shares of National Beverage in a research report on Friday, March 8th. Guggenheim lowered National Beverage from a “neutral” rating to a “sell” rating and reduced their target price for the company from $72.00 to $45.00 in a research report on Friday, March 8th. TheStreet lowered National Beverage from a “b-” rating to a “c+” rating in a research report on Tuesday, April 2nd. Finally, Jefferies Financial Group started coverage on National Beverage in a research report on Tuesday. They set an “underperform” rating and a $45.00 target price on the stock. Four research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $75.50.

In other news, President Joseph G. Caporella acquired 6,000 shares of the business’s stock in a transaction dated Thursday, March 14th. The shares were acquired at an average cost of $59.95 per share, with a total value of $359,700.00. Following the completion of the acquisition, the president now owns 413,600 shares of the company’s stock, valued at $24,795,320. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 75.20% of the stock is currently owned by corporate insiders.

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National Beverage Company 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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