Marshall Wace LLP Has $854,000 Stock Holdings in National Beverage Corp. (NASDAQ:FIZZ)

Marshall Wace LLP boosted its holdings in shares of National Beverage Corp. (NASDAQ:FIZZ) by 113.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,668 shares of the company’s stock after buying an additional 8,868 shares during the period. Marshall Wace LLP’s holdings in National Beverage were worth $854,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. PEAK6 Investments LLC increased its holdings in shares of National Beverage by 4,312.5% in the 4th quarter. PEAK6 Investments LLC now owns 33,700 shares of the company’s stock valued at $1,676,000 after purchasing an additional 34,500 shares during the period. Vanguard Group Inc. lifted its position in National Beverage by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 2,751,778 shares of the company’s stock worth $136,818,000 after buying an additional 49,441 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of National Beverage by 0.3% during the 1st quarter. Principal Financial Group Inc. now owns 121,734 shares of the company’s stock valued at $5,777,000 after buying an additional 315 shares during the period. J.W. Cole Advisors Inc. grew its holdings in shares of National Beverage by 3.9% during the 1st quarter. J.W. Cole Advisors Inc. now owns 21,615 shares of the company’s stock valued at $1,026,000 after acquiring an additional 815 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of National Beverage by 2.1% in the first quarter. BNP Paribas Financial Markets now owns 25,403 shares of the company’s stock worth $1,206,000 after acquiring an additional 527 shares during the last quarter. 23.95% of the stock is owned by hedge funds and other institutional investors.

National Beverage Stock Performance

Shares of NASDAQ FIZZ opened at $44.69 on Wednesday. The business has a 50 day simple moving average of $45.84 and a 200 day simple moving average of $47.08. National Beverage Corp. has a 52 week low of $42.85 and a 52 week high of $53.58. The stock has a market cap of $4.18 billion, a price-to-earnings ratio of 23.65 and a beta of 0.82.

National Beverage (NASDAQ:FIZZ) last posted its 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. 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 during the quarter.

Insider Buying and Selling at National Beverage

In other news, Director Cecil D. Conlee sold 10,000 shares of the company’s stock in a transaction dated Thursday, July 11th. The stock was sold at an average price of $50.11, for a total transaction of $501,100.00. Following the completion of the sale, the director now owns 56,480 shares in the company, valued at approximately $2,830,212.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 75.00% of the company’s stock.

Wall Street Analyst Weigh In

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

National Beverage 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.