Robeco Institutional Asset Management B.V. bought a new stake in National Beverage Corp. (NASDAQ:FIZZ) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,198 shares of the company’s stock, valued at approximately $116,000.

Other institutional investors have also added to or reduced their stakes in the company. Sei Investments Co. bought a new position in shares of National Beverage in the 3rd quarter valued at about $188,000. Essex Financial Services Inc. bought a new position in shares of National Beverage in the 3rd quarter valued at about $214,000. Sawgrass Asset Management LLC bought a new position in shares of National Beverage in the 3rd quarter valued at about $228,000. Stratos Wealth Partners LTD. bought a new position in shares of National Beverage in the 3rd quarter valued at about $229,000. Finally, Parametrica Management Ltd bought a new position in shares of National Beverage in the 3rd quarter valued at about $243,000. 21.28% of the stock is owned by institutional investors and hedge funds.

Shares of National Beverage Corp. (NASDAQ:FIZZ) opened at $95.32 on Friday. The stock has a market cap of $4,518.88, a PE ratio of 36.05 and a beta of 0.72. National Beverage Corp. has a 12 month low of $56.38 and a 12 month high of $129.82.

National Beverage (NASDAQ:FIZZ) last posted its earnings results on Thursday, December 7th. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.04. The company had revenue of $244.10 million during the quarter, compared to analysts’ expectations of $239.11 million. National Beverage had a net margin of 13.80% and a return on equity of 54.30%. National Beverage’s quarterly revenue was up 20.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.53 EPS.

A number of research analysts have recently commented on FIZZ shares. Susquehanna Bancshares set a $150.00 price objective on shares of National Beverage and gave the company a “buy” rating in a research report on Monday, December 4th. BidaskClub raised shares of National Beverage from a “hold” rating to a “buy” rating in a research report on Saturday, December 2nd. UBS Group raised shares of National Beverage from a “neutral” rating to a “positive” rating in a research report on Monday, November 20th. Finally, Credit Suisse Group reissued a “sell” rating on shares of National Beverage in a research report on Friday, December 8th. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $98.33.

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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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