National Beverage Corp. (NASDAQ:FIZZ) Shares Bought by Values First Advisors Inc.

Values First Advisors Inc. raised its holdings in shares of National Beverage Corp. (NASDAQ:FIZZ) by 5.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,350 shares of the company’s stock after acquiring an additional 2,112 shares during the period. National Beverage makes up about 1.1% of Values First Advisors Inc.’s portfolio, making the stock its 23rd biggest position. Values First Advisors Inc.’s holdings in National Beverage were worth $2,082,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in FIZZ. Canada Pension Plan Investment Board purchased a new stake in National Beverage during the second quarter worth $31,000. Quarry LP increased its holdings in National Beverage by 584.9% in the 2nd quarter. Quarry LP now owns 637 shares of the company’s stock worth $33,000 after acquiring an additional 544 shares in the last quarter. Blue Trust Inc. raised its position in National Beverage by 323.0% during the third quarter. Blue Trust Inc. now owns 643 shares of the company’s stock worth $33,000 after acquiring an additional 491 shares during the period. Quest Partners LLC acquired a new stake in shares of National Beverage in the second quarter valued at about $34,000. Finally, Headlands Technologies LLC lifted its stake in National Beverage by 760.2% in the 2nd quarter. Headlands Technologies LLC now owns 843 shares of the company’s stock valued at $43,000 after buying an additional 745 shares in the last quarter. 23.95% of the stock is owned by hedge funds and other institutional investors.

National Beverage Price Performance

FIZZ stock opened at $45.68 on Friday. The business has a 50 day simple moving average of $45.57 and a 200-day simple moving average of $46.88. The firm has a market capitalization of $4.28 billion, a PE ratio of 23.19 and a beta of 0.82. National Beverage Corp. has a 1 year low of $42.85 and a 1 year high of $53.58.

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

Analyst Ratings Changes

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

About National Beverage

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.