Jones Financial Companies Lllp Has $102,000 Position in National Beverage Corp. (NASDAQ:FIZZ)

Jones Financial Companies Lllp lifted its holdings in National Beverage Corp. (NASDAQ:FIZZ) by 158.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,387 shares of the company’s stock after purchasing an additional 1,463 shares during the period. Jones Financial Companies Lllp’s holdings in National Beverage were worth $102,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Franklin Resources Inc. raised its holdings in National Beverage by 3.4% in the 3rd quarter. Franklin Resources Inc. now owns 11,547 shares of the company’s stock worth $528,000 after acquiring an additional 383 shares during the period. GAMMA Investing LLC raised its holdings in National Beverage by 43.6% in the 4th quarter. GAMMA Investing LLC now owns 1,594 shares of the company’s stock worth $68,000 after acquiring an additional 484 shares during the period. Linden Thomas Advisory Services LLC raised its holdings in National Beverage by 1.5% in the 4th quarter. Linden Thomas Advisory Services LLC now owns 37,256 shares of the company’s stock worth $1,590,000 after acquiring an additional 564 shares during the period. KBC Group NV raised its holdings in National Beverage by 89.3% in the 4th quarter. KBC Group NV now owns 1,357 shares of the company’s stock worth $58,000 after acquiring an additional 640 shares during the period. Finally, Illinois Municipal Retirement Fund raised its holdings in National Beverage by 5.4% in the 4th quarter. Illinois Municipal Retirement Fund now owns 12,916 shares of the company’s stock worth $551,000 after acquiring an additional 663 shares during the period. Institutional investors and hedge funds own 23.95% of the company’s stock.

National Beverage Stock Performance

NASDAQ:FIZZ opened at $40.12 on Monday. The firm’s 50-day moving average is $41.30 and its 200-day moving average is $44.53. National Beverage Corp. has a 52-week low of $38.25 and a 52-week high of $53.48. The company has a market cap of $3.76 billion, a price-to-earnings ratio of 20.16 and a beta of 0.87.

National Beverage (NASDAQ:FIZZ) last posted its quarterly earnings data on Thursday, March 6th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.03). National Beverage had a return on equity of 42.80% and a net margin of 15.63%. The company had revenue of $267.05 million for the quarter, compared to the consensus estimate of $282.22 million.

Analysts Set New Price Targets

Separately, UBS Group dropped their target price on shares of National Beverage from $46.00 to $41.00 and set a “sell” rating on the stock in a report on Thursday, February 27th.

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.