BNP Paribas Financial Markets Has $1.41 Million Stock Holdings in National Beverage Corp. (NASDAQ:FIZZ)

BNP Paribas Financial Markets boosted its stake in National Beverage Corp. (NASDAQ:FIZZ - Free Report) by 112.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,092 shares of the company's stock after purchasing an additional 17,494 shares during the period. BNP Paribas Financial Markets' holdings in National Beverage were worth $1,412,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FIZZ. Schroder Investment Management Group acquired a new stake in shares of National Beverage during the fourth quarter worth $608,000. Allspring Global Investments Holdings LLC lifted its stake in shares of National Beverage by 1,292.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 27,270 shares of the company's stock valued at $1,156,000 after buying an additional 25,311 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of National Beverage by 151.4% during the fourth 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 in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in National Beverage by 2.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 271,658 shares of the company's stock worth $11,592,000 after buying an additional 7,075 shares during the last quarter. Finally, Barclays PLC increased its holdings in National Beverage by 389.9% during the third quarter. Barclays PLC now owns 41,810 shares of the company's stock worth $1,962,000 after buying an additional 33,275 shares during the last quarter. Institutional investors own 23.95% of the company's stock.

Analyst Ratings Changes

Separately, UBS Group reduced 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 note on Thursday, February 27th.

National Beverage Price Performance

Shares of National Beverage stock opened at $45.01 on Tuesday. National Beverage Corp. has a 1 year low of $38.25 and a 1 year high of $53.48. The firm has a market cap of $4.21 billion, a PE ratio of 22.62 and a beta of 0.88. The company has a 50 day simple moving average of $42.67 and a two-hundred day simple moving average of $43.60.

National Beverage (NASDAQ:FIZZ - Get Free Report) last announced its quarterly earnings data 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 return on equity of 42.80% and a net margin of 15.63%. The business had revenue of $267.05 million during the quarter, compared to the consensus estimate of $282.22 million.

Insider Activity at National Beverage

In other National Beverage news, Director Stanley Michael Sheridan sold 8,000 shares of the company's stock in a transaction on Tuesday, April 15th. The shares were 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 represents a 11.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 74.80% of the stock is currently owned by company insiders.

National Beverage Company 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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