SG Americas Securities LLC Has $2.36 Million Stock Holdings in National Beverage Corp. $FIZZ

SG Americas Securities LLC raised its holdings in shares of National Beverage Corp. (NASDAQ:FIZZ) by 170.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 70,266 shares of the company’s stock after acquiring an additional 44,239 shares during the period. SG Americas Securities LLC owned approximately 0.08% of National Beverage worth $2,364,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Rockefeller Capital Management L.P. lifted its stake in National Beverage by 958.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 900 shares of the company’s stock valued at $29,000 after buying an additional 815 shares during the period. Aster Capital Management DIFC Ltd increased its position in shares of National Beverage by 156.6% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,111 shares of the company’s stock valued at $35,000 after buying an additional 678 shares in the last quarter. Jessup Wealth Management Inc bought a new stake in shares of National Beverage in the fourth quarter worth about $38,000. Brown Brothers Harriman & Co. raised its holdings in National Beverage by 213.5% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,066 shares of the company’s stock worth $39,000 after buying an additional 726 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in shares of National Beverage during the third quarter worth $39,000. Institutional investors and hedge funds own 23.95% of the company’s stock.

National Beverage Price Performance

FIZZ opened at $31.00 on Thursday. The business has a fifty day simple moving average of $35.00 and a 200 day simple moving average of $34.51. National Beverage Corp. has a 1 year low of $30.75 and a 1 year high of $47.89. The company has a market capitalization of $2.90 billion, a PE ratio of 15.42 and a beta of 0.79.

National Beverage (NASDAQ:FIZZ) last posted its quarterly earnings data on Wednesday, July 1st. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04). National Beverage had a return on equity of 36.00% and a net margin of 15.71%.The firm had revenue of $297.12 million for the quarter, compared to the consensus estimate of $294.81 million.

Analyst Ratings Changes

Several analysts have issued reports on FIZZ shares. Weiss Ratings reissued a “sell (d+)” rating on shares of National Beverage in a research note on Wednesday, June 24th. UBS Group reiterated a “sell” rating and set a $33.00 price objective (down from $35.00) on shares of National Beverage in a report on Friday, June 26th. Two research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, National Beverage presently has an average rating of “Sell” and a consensus target price of $33.00.

National Beverage Profile

National Beverage Corp. (NASDAQ: FIZZ) is a U.S.-based beverage company specializing in the development, marketing and production of nonalcoholic refreshment products. The company’s portfolio includes a range of sparkling waters, soft drinks and energy beverages designed for a variety of consumer tastes and dietary preferences. Through in-house bottling operations and strategic partnerships with co-packers, National Beverage manages production from flavor formulation to final packaging and distribution.

Founded in 1985, National Beverage has broadened its product lineup over the decades through both organic brand introductions and selective acquisitions.