Dimensional Fund Advisors LP Buys 32,003 Shares of National Beverage Corp. (NASDAQ:FIZZ)

Dimensional Fund Advisors LP grew its stake in shares of National Beverage Corp. (NASDAQ:FIZZ - Free Report) by 2.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,248,681 shares of the company's stock after purchasing an additional 32,003 shares during the period. Dimensional Fund Advisors LP owned approximately 1.33% of National Beverage worth $53,281,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Schroder Investment Management Group bought a new position in National Beverage in the fourth quarter worth approximately $608,000. Allspring Global Investments Holdings LLC lifted its holdings in shares of National Beverage by 1,292.0% in 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 in the last quarter. JPMorgan Chase & Co. grew its position in National Beverage by 151.4% in the 4th quarter. JPMorgan Chase & Co. now owns 133,050 shares of the company's stock valued at $5,677,000 after purchasing an additional 80,126 shares during the period. Charles Schwab Investment Management Inc. increased its stake in National Beverage by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 271,658 shares of the company's stock valued at $11,592,000 after purchasing an additional 7,075 shares in the last quarter. Finally, Barclays PLC lifted 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. Institutional investors own 23.95% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, UBS Group decreased their target price 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.

Insider Buying and Selling

In other National Beverage news, Director Stanley Michael Sheridan sold 8,000 shares of the business's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $43.40, for a total value of $347,200.00. Following the transaction, the director now owns 62,408 shares of the company's stock, valued at approximately $2,708,507.20. The trade was a 11.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 74.80% of the stock is owned by corporate insiders.

National Beverage Stock Performance

Shares of National Beverage stock traded down $0.36 on Thursday, hitting $43.27. The company had a trading volume of 23,213 shares, compared to its average volume of 183,049. The stock has a market capitalization of $4.05 billion, a price-to-earnings ratio of 21.74 and a beta of 0.88. National Beverage Corp. has a 1 year low of $38.25 and a 1 year high of $53.48. The stock has a 50 day moving average of $42.20 and a 200-day moving average of $43.71.

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

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.