Bleakley Financial Group LLC Has $630,000 Stock Holdings in National Beverage Corp. (NASDAQ:FIZZ)

Bleakley Financial Group LLC lowered its position in National Beverage Corp. (NASDAQ:FIZZ) by 1.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,415 shares of the company’s stock after selling 243 shares during the quarter. Bleakley Financial Group LLC’s holdings in National Beverage were worth $630,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in National Beverage by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 2,751,778 shares of the company’s stock valued at $136,818,000 after acquiring an additional 49,441 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in shares of National Beverage by 3,226.4% in the second quarter. Nisa Investment Advisors LLC now owns 9,713 shares of the company’s stock worth $529,000 after buying an additional 9,421 shares during the last quarter. Squarepoint Ops LLC raised its stake in shares of National Beverage by 307.6% in the 2nd quarter. Squarepoint Ops LLC now owns 35,673 shares of the company’s stock valued at $1,828,000 after acquiring an additional 26,920 shares in the last quarter. J.W. Cole Advisors Inc. boosted its position in National Beverage by 3.9% during the first quarter. J.W. Cole Advisors Inc. now owns 21,615 shares of the company’s stock worth $1,026,000 after purchasing an additional 815 shares during the period. Finally, SG Americas Securities LLC grew its holdings 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 during the last quarter. 23.95% of the stock is owned by hedge funds and other institutional investors.

National Beverage Stock Up 0.3 %

Shares of FIZZ stock opened at $46.05 on Tuesday. The stock has a 50 day moving average of $45.57 and a 200-day moving average of $46.93. The firm has a market cap of $4.31 billion, a PE ratio of 24.37 and a beta of 0.82. National Beverage Corp. has a 12 month low of $42.85 and a 12 month high of $53.58.

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

Analyst Upgrades and Downgrades

Separately, UBS Group dropped their target price on shares of 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 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.