Voya Investment Management LLC Grows Stake in National Beverage Corp. (FIZZ)
Voya Investment Management LLC lifted its stake in shares of National Beverage Corp. (NASDAQ:FIZZ) by 22.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,610 shares of the company’s stock after acquiring an additional 1,043 shares during the quarter. Voya Investment Management LLC’s holdings in National Beverage Corp. were worth $525,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in FIZZ. Quantbot Technologies LP bought a new stake in shares of National Beverage Corp. during the 2nd quarter worth $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 worth $184,000 after buying 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 worth $214,000 after buying an additional 1,397 shares during the period. Ballentine Partners LLC acquired a new stake in shares of National Beverage Corp. in the second quarter worth $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 worth $390,000 after buying an additional 751 shares during the period. 21.46% of the stock is owned by institutional investors and hedge funds.
FIZZ has been the subject of several recent analyst reports. Susquehanna Bancshares Inc set a $108.00 target price on National Beverage Corp. and gave the stock a “hold” rating in a research report on Monday, October 23rd. Maxim Group reaffirmed a “sell” rating and issued a $33.00 target price on shares of National Beverage Corp. in a research report on Thursday, July 13th. 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 research report on Friday, July 21st.
Shares of National Beverage Corp. (FIZZ) opened at $93.91 on Monday. The company has a market capitalization of $4,374.81, a price-to-earnings ratio of 37.56 and a beta of 0.49. National Beverage Corp. has a 12-month low of $44.21 and a 12-month high of $129.82.
National Beverage Corp. (NASDAQ:FIZZ) last issued its earnings results on Thursday, September 7th. The company reported $0.82 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.08. The business had revenue of $259.83 million during the quarter. National Beverage Corp. had a return on equity of 49.70% and a net margin of 13.38%.
ILLEGAL ACTIVITY WARNING: This story was first posted by Watch List News and is owned by of Watch List News. If you are viewing this story on another website, it was copied illegally and reposted in violation of U.S. and international copyright law. The original version of this story can be read at https://www.watchlistnews.com/voya-investment-management-llc-grows-stake-in-national-beverage-corp-fizz/1682251.html.
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.
Want to see what other hedge funds are holding FIZZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for National Beverage Corp. (NASDAQ:FIZZ).
Receive News & Ratings for National Beverage Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Beverage Corp. and related companies with Analyst Ratings Network's FREE daily email newsletter.