New York State Teachers Retirement System Cuts Stake in National Beverage Corp. (NASDAQ:FIZZ)

New York State Teachers Retirement System lowered its position in shares of National Beverage Corp. (NASDAQ:FIZZ) by 8.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 23,440 shares of the company’s stock after selling 2,273 shares during the quarter. New York State Teachers Retirement System’s holdings in National Beverage were worth $1,000,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of FIZZ. Blue Trust Inc. increased its holdings in shares of National Beverage by 323.0% in the 3rd quarter. Blue Trust Inc. now owns 643 shares of the company’s stock valued at $33,000 after purchasing an additional 491 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of National Beverage by 84.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 145,172 shares of the company’s stock valued at $6,814,000 after purchasing an additional 66,661 shares in the last quarter. Semanteon Capital Management LP increased its holdings in shares of National Beverage by 41.8% in the 3rd quarter. Semanteon Capital Management LP now owns 21,741 shares of the company’s stock valued at $1,021,000 after purchasing an additional 6,406 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of National Beverage in the 3rd quarter valued at about $213,000. Finally, Versor Investments LP purchased a new position in shares of National Beverage in the 3rd quarter valued at about $615,000. Hedge funds and other institutional investors own 23.95% of the company’s stock.

Insider Activity at National Beverage

In other National Beverage news, Director Cecil D. Conlee sold 2,736 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $47.01, for a total transaction of $128,619.36. Following the sale, the director now directly owns 53,744 shares of the company’s stock, valued at $2,526,505.44. This trade represents a 4.84 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 74.80% of the stock is owned by corporate insiders.

National Beverage Stock Up 3.7 %

Shares of FIZZ opened at $40.68 on Monday. The company has a 50-day simple moving average of $42.31 and a 200-day simple moving average of $45.05. The company has a market capitalization of $3.81 billion, a PE ratio of 20.44 and a beta of 0.84. National Beverage Corp. has a 52-week low of $38.68 and a 52-week high of $53.48.

National Beverage (NASDAQ:FIZZ) last issued its quarterly earnings data on Thursday, December 5th. The company reported $0.49 EPS for the quarter. National Beverage had a net margin of 15.63% and a return on equity of 42.80%.

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.