Jefferies Financial Group Inc. Purchases Shares of 6,147 National Beverage Corp. (NASDAQ:FIZZ)

Jefferies Financial Group Inc. bought a new position in shares of National Beverage Corp. (NASDAQ:FIZZ - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 6,147 shares of the company's stock, valued at approximately $262,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Newbridge Financial Services Group Inc. bought a new position in shares of National Beverage during the 4th quarter valued at about $40,000. KBC Group NV increased its position in shares of 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 acquiring an additional 640 shares during the period. Tower Research Capital LLC TRC raised its position in National Beverage by 38.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,499 shares of the company's stock valued at $64,000 after purchasing an additional 415 shares during the last quarter. Quarry LP raised its holdings 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 valued at $71,000 after acquiring an additional 1,650 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of National Beverage by 158.3% in the 4th 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. 23.95% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Insider Buying and Selling at National Beverage

In other National Beverage news, Director Stanley Michael Sheridan sold 8,000 shares of the firm's stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $43.40, for a total transaction 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. This trade represents a 11.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 74.80% of the company's stock.

National Beverage Stock Down 0.9%

NASDAQ:FIZZ traded down $0.41 during trading hours on Friday, hitting $43.95. 128,679 shares of the stock traded hands, compared to its average volume of 185,987. The company has a market cap of $4.11 billion, a price-to-earnings ratio of 22.09 and a beta of 0.88. The stock has a 50 day moving average price of $42.94 and a 200 day moving average price of $43.60. National Beverage Corp. has a 1 year low of $38.25 and a 1 year high of $53.48.

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

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.