Deutsche Bank AG Has $992,000 Stock Position in National Beverage Corp. (NASDAQ:FIZZ)

Deutsche Bank AG lifted its stake in National Beverage Corp. (NASDAQ:FIZZ - Free Report) by 55.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,248 shares of the company's stock after acquiring an additional 8,332 shares during the period. Deutsche Bank AG's holdings in National Beverage were worth $992,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in FIZZ. Covestor Ltd raised its holdings in shares of National Beverage by 14.3% during the fourth quarter. Covestor Ltd now owns 2,994 shares of the company's stock valued at $128,000 after acquiring an additional 375 shares during the period. Tower Research Capital LLC TRC increased its stake in National Beverage by 38.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,499 shares of the company's stock valued at $64,000 after buying an additional 415 shares during the period. Cetera Investment Advisers increased its stake in National Beverage by 8.1% in the 4th quarter. Cetera Investment Advisers now owns 5,661 shares of the company's stock valued at $242,000 after buying an additional 425 shares during the period. KBC Group NV lifted its position in National Beverage by 89.3% in the 4th quarter. KBC Group NV now owns 1,357 shares of the company's stock worth $58,000 after buying an additional 640 shares in the last quarter. Finally, Illinois Municipal Retirement Fund lifted its position in National Beverage by 5.4% in the 4th quarter. Illinois Municipal Retirement Fund now owns 12,916 shares of the company's stock worth $551,000 after buying an additional 663 shares in the last quarter. 23.95% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related 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 transaction of $347,200.00. Following the completion of the transaction, the director now directly owns 62,408 shares in the company, valued at $2,708,507.20. This represents a 11.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 74.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Separately, UBS Group cut 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.

National Beverage Stock Up 2.0%

FIZZ stock traded up $0.87 during trading hours on Thursday, hitting $44.84. The company's stock had a trading volume of 100,069 shares, compared to its average volume of 185,582. The company has a market capitalization of $4.20 billion, a PE ratio of 22.53 and a beta of 0.88. National Beverage Corp. has a 12 month low of $38.25 and a 12 month high of $53.48. The stock has a 50 day moving average price of $43.27 and a two-hundred day moving average price of $43.47.

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

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.