Deutsche Bank AG Grows Stake in National Beverage Corp. (NASDAQ:FIZZ)

Deutsche Bank AG increased its stake in National Beverage Corp. (NASDAQ:FIZZ - Free Report) by 55.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,248 shares of the company's stock after purchasing 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 SEC.

A number of other hedge funds also recently modified their holdings of FIZZ. Newbridge Financial Services Group Inc. acquired a new stake in shares of National Beverage during the fourth quarter valued at about $40,000. KBC Group NV lifted its stake in National Beverage by 89.3% in the fourth quarter. KBC Group NV now owns 1,357 shares of the company's stock valued at $58,000 after buying an additional 640 shares during the period. Tower Research Capital LLC TRC increased its holdings in shares of National Beverage by 38.3% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,499 shares of the company's stock valued at $64,000 after acquiring an additional 415 shares in the last quarter. Quarry LP raised its position in shares of National Beverage by 6,875.0% during the fourth quarter. Quarry LP now owns 1,674 shares of the company's stock worth $71,000 after purchasing an additional 1,650 shares during the period. Finally, Jones Financial Companies Lllp raised its position in shares of National Beverage by 158.3% during the fourth quarter. Jones Financial Companies Lllp now owns 2,387 shares of the company's stock worth $102,000 after purchasing an additional 1,463 shares during the period. Institutional investors own 23.95% of the company's stock.

National Beverage Stock Performance

NASDAQ:FIZZ traded up $0.30 during trading on Friday, reaching $45.14. The company's stock had a trading volume of 213,439 shares, compared to its average volume of 186,668. The firm has a market cap of $4.23 billion, a price-to-earnings ratio of 22.68 and a beta of 0.88. The firm has a 50 day moving average of $43.46 and a 200-day moving average of $43.36. National Beverage Corp. has a 12 month low of $38.25 and a 12 month high of $53.48.

National Beverage (NASDAQ:FIZZ - Get Free Report) last issued its quarterly earnings results on Thursday, March 6th. The company reported $0.42 EPS 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 firm had revenue of $267.05 million for the quarter, compared to analysts' expectations of $282.22 million.

Insider Buying and Selling

In related news, Director Stanley Michael Sheridan sold 8,000 shares of the firm's stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $43.40, for a total transaction of $347,200.00. Following the transaction, the director now directly owns 62,408 shares in the company, valued at $2,708,507.20. This trade represents a 11.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 74.80% of the stock is currently owned by insiders.

Analyst Ratings Changes

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

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.