Paloma Partners Management Co grew its holdings in National Beverage Corp. (NASDAQ:FIZZ) by 104.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,963 shares of the company’s stock after purchasing an additional 3,053 shares during the quarter. Paloma Partners Management Co’s holdings in National Beverage were worth $581,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. American International Group Inc. boosted its stake in shares of National Beverage by 8.1% in the 3rd quarter. American International Group Inc. now owns 7,875 shares of the company’s stock valued at $977,000 after purchasing an additional 589 shares during the last quarter. Renaissance Group LLC grew its stake in shares of National Beverage by 17.8% in the fourth quarter. Renaissance Group LLC now owns 4,033 shares of the company’s stock valued at $393,000 after buying an additional 610 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of National Beverage by 8.2% in the third quarter. Victory Capital Management Inc. now owns 8,447 shares of the company’s stock valued at $1,048,000 after buying an additional 637 shares in the last quarter. Aperio Group LLC grew its stake in shares of National Beverage by 13.2% in the fourth quarter. Aperio Group LLC now owns 6,446 shares of the company’s stock valued at $628,000 after buying an additional 753 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. grew its stake in shares of National Beverage by 1.2% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 72,538 shares of the company’s stock valued at $7,069,000 after buying an additional 843 shares in the last quarter. 23.66% of the stock is currently owned by institutional investors.

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National Beverage Corp. (NASDAQ:FIZZ) opened at $87.27 on Friday. National Beverage Corp. has a 52 week low of $78.77 and a 52 week high of $129.82. The firm has a market cap of $4,123.47, a price-to-earnings ratio of 28.62 and a beta of 0.84.

National Beverage (NASDAQ:FIZZ) last released its earnings results on Thursday, March 8th. The company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.21. National Beverage had a net margin of 15.10% and a return on equity of 56.83%. The business had revenue of $227.50 million during the quarter, compared to analysts’ expectations of $232.06 million. During the same period last year, the business earned $0.52 earnings per share. The firm’s revenue was up 16.9% on a year-over-year basis.

FIZZ has been the subject of several analyst reports. BidaskClub raised shares of National Beverage from a “hold” rating to a “buy” rating in a research note on Saturday, December 2nd. Susquehanna Bancshares set a $150.00 target price on shares of National Beverage and gave the company a “buy” rating in a research note on Monday, December 4th. Credit Suisse Group reissued a “sell” rating on shares of National Beverage in a research note on Friday, December 8th. Finally, Maxim Group raised their target price on shares of National Beverage from $40.00 to $45.00 and gave the company a “sell” rating in a research note on Friday, March 9th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. National Beverage has a consensus rating of “Hold” and an average target price of $91.67.

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About National Beverage

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 (NASDAQ:FIZZ)

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