Dimensional Fund Advisors LP Has $53.28 Million Holdings in National Beverage Corp. (NASDAQ:FIZZ)

Dimensional Fund Advisors LP raised its position in National Beverage Corp. (NASDAQ:FIZZ - Free Report) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,248,681 shares of the company's stock after purchasing an additional 32,003 shares during the quarter. Dimensional Fund Advisors LP owned 1.33% of National Beverage worth $53,281,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Schroder Investment Management Group acquired a new stake in shares of National Beverage in the fourth quarter valued at about $608,000. Allspring Global Investments Holdings LLC increased its position in shares of National Beverage by 1,292.0% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 27,270 shares of the company's stock worth $1,156,000 after purchasing an additional 25,311 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of National Beverage by 151.4% during the 4th quarter. JPMorgan Chase & Co. now owns 133,050 shares of the company's stock worth $5,677,000 after purchasing an additional 80,126 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of National Beverage by 2.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 271,658 shares of the company's stock valued at $11,592,000 after buying an additional 7,075 shares during the last quarter. Finally, Barclays PLC grew its stake in shares of National Beverage by 389.9% in the third quarter. Barclays PLC now owns 41,810 shares of the company's stock valued at $1,962,000 after buying an additional 33,275 shares in the last quarter. 23.95% of the stock is currently owned by institutional investors.

National Beverage Price Performance

Shares of NASDAQ FIZZ opened at $43.09 on Friday. The firm has a market cap of $4.03 billion, a price-to-earnings ratio of 21.65 and a beta of 0.94. The stock's fifty day moving average price is $41.96 and its two-hundred day moving average price is $43.76. National Beverage Corp. has a one year low of $38.25 and a one year high of $53.48.

National Beverage (NASDAQ:FIZZ - Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The company reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.45 by ($0.03). National Beverage had a net margin of 15.63% and a return on equity of 42.80%. The business had revenue of $267.05 million during the quarter, compared to analyst estimates of $282.22 million.

Wall Street Analysts Forecast Growth

Separately, UBS Group decreased their price objective on shares of National Beverage from $46.00 to $41.00 and set a "sell" rating for the company in a research report on Thursday, February 27th.

Insiders Place Their Bets

In other National Beverage news, Director Stanley Michael Sheridan sold 8,000 shares of the stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $43.40, for a total value of $347,200.00. Following the completion of the transaction, the director now directly owns 62,408 shares in the company, valued at approximately $2,708,507.20. This trade represents a 11.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 74.80% of the company's stock.

National Beverage Profile

National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company's Power+ brand portfolio offers sparkling water products under the LaCroix, LaCroix Cúrate, and LaCroix NiCola; non-carbonated flavored water under the Clear Fruit; energy drink and shots under the Rip It; juice and juice-based products under Everfresh, Everfresh Premier Varietals, and Mr.

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