Dimensional Fund Advisors LP Sells 6,228 Shares of National Beverage Corp. (FIZZ)

Dimensional Fund Advisors LP cut its position in shares of National Beverage Corp. (NASDAQ:FIZZ) by 0.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 754,109 shares of the company’s stock after selling 6,228 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.62% of National Beverage Corp. worth $70,555,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of National Beverage Corp. by 20.3% during the 2nd quarter. Vanguard Group Inc. now owns 1,095,263 shares of the company’s stock valued at $102,472,000 after purchasing an additional 184,592 shares during the last quarter. FMR LLC increased its position in shares of National Beverage Corp. by 20.0% during the 2nd quarter. FMR LLC now owns 940,821 shares of the company’s stock valued at $88,023,000 after purchasing an additional 156,515 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of National Beverage Corp. by 14.4% during the 2nd quarter. Renaissance Technologies LLC now owns 645,000 shares of the company’s stock valued at $60,346,000 after purchasing an additional 81,000 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of National Beverage Corp. by 2,488.3% during the 2nd quarter. Wells Fargo & Company MN now owns 466,907 shares of the company’s stock valued at $43,684,000 after purchasing an additional 448,868 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of National Beverage Corp. by 3.4% during the 2nd quarter. Northern Trust Corp now owns 222,474 shares of the company’s stock valued at $20,816,000 after purchasing an additional 7,345 shares during the last quarter. Hedge funds and other institutional investors own 21.81% of the company’s stock.

Shares of National Beverage Corp. (FIZZ) opened at 112.26 on Wednesday. National Beverage Corp. has a one year low of $44.21 and a one year high of $129.82. The company’s 50-day moving average price is $117.26 and its 200 day moving average price is $99.96. The stock has a market capitalization of $5.23 billion, a PE ratio of 45.07 and a beta of 0.59.

National Beverage Corp. (NASDAQ:FIZZ) last issued its quarterly earnings data on Thursday, September 7th. The company reported $0.82 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.08. National Beverage Corp. had a return on equity of 49.70% and a net margin of 13.38%. The company had revenue of $259.83 million for the quarter. Analysts anticipate that National Beverage Corp. will post $2.91 EPS for the current year.

Several brokerages have recently commented on FIZZ. Susquehanna Bancshares Inc began coverage on National Beverage Corp. in a research report on Tuesday, October 3rd. They set a “neutral” rating and a $135.00 price objective on the stock. Maxim Group reiterated a “sell” rating and set a $40.00 price objective (up from $33.00) on shares of National Beverage Corp. in a research report on Friday, September 8th. Finally, Credit Suisse Group cut National Beverage Corp. from a “neutral” rating to an “underperform” rating and set a $82.00 target price for the company. in a report on Friday, July 21st.

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National Beverage Corp. Profile

National Beverage Corp. is a holding company. The Company develops, produces, markets and sells a diverse portfolio of flavored beverage products primarily in North America. The Company’s brands consist of beverages geared to the active and health-conscious consumer (Power+ Brands), including sparkling waters, energy drinks and juices, and carbonated soft drinks in a range of flavors, including regular, sugar-free and reduced calorie options.

Institutional Ownership by Quarter for National Beverage Corp. (NASDAQ:FIZZ)

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