Hancock Holding Co. lessened its holdings in National Beverage Corp. (NASDAQ:FIZZ) by 24.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 157,490 shares of the company’s stock after selling 51,500 shares during the quarter. Hancock Holding Co. owned 0.34% of National Beverage Corp. worth $14,735,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Quantbot Technologies LP bought a new stake in shares of National Beverage Corp. in the second quarter valued at about $173,000. BNP Paribas Arbitrage SA boosted its position in shares of National Beverage Corp. by 724.8% in the second quarter. BNP Paribas Arbitrage SA now owns 1,963 shares of the company’s stock valued at $184,000 after acquiring an additional 1,725 shares during the period. Advisor Group Inc. boosted its position in shares of National Beverage Corp. by 155.9% in the second quarter. Advisor Group Inc. now owns 2,293 shares of the company’s stock valued at $214,000 after acquiring an additional 1,397 shares during the period. Ballentine Partners LLC bought a new stake in shares of National Beverage Corp. in the second quarter valued at about $227,000. Finally, Legal & General Group Plc boosted its position in shares of National Beverage Corp. by 22.0% in the second quarter. Legal & General Group Plc now owns 4,170 shares of the company’s stock valued at $390,000 after acquiring an additional 751 shares during the period. 21.81% of the stock is owned by institutional investors.

Shares of National Beverage Corp. (FIZZ) traded up 1.09% during midday trading on Friday, hitting $118.26. 177,679 shares of the stock were exchanged. National Beverage Corp. has a 1-year low of $39.14 and a 1-year high of $129.82. The stock’s 50-day moving average price is $114.76 and its 200-day moving average price is $95.30. The firm has a market capitalization of $5.51 billion, a price-to-earnings ratio of 47.47 and a beta of 0.58.

National Beverage Corp. (NASDAQ:FIZZ) last announced its quarterly earnings data on Thursday, September 7th. The company reported $0.82 earnings per share for the quarter, topping the 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 during the quarter. On average, analysts forecast that National Beverage Corp. will post $2.91 EPS for the current year.

A number of equities research analysts have recently issued reports on FIZZ shares. Maxim Group reissued a “sell” rating and issued a $40.00 target price (up previously from $33.00) on shares of National Beverage Corp. in a research report on Friday, September 8th. Credit Suisse Group cut shares of National Beverage Corp. from a “neutral” rating to an “underperform” rating and set a $82.00 target price for the company. in a research 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.

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

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