Two Sigma Advisers LP Purchases 26,300 Shares of National Beverage Corp. (NASDAQ:FIZZ)

Two Sigma Advisers LP lifted its stake in shares of National Beverage Corp. (NASDAQ:FIZZ - Free Report) by 29.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 115,000 shares of the company's stock after purchasing an additional 26,300 shares during the quarter. Two Sigma Advisers LP owned 0.12% of National Beverage worth $4,907,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of FIZZ. Vanguard Group Inc. grew its stake in National Beverage by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 2,747,752 shares of the company's stock worth $117,247,000 after buying an additional 31,062 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of National Beverage by 2.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,248,681 shares of the company's stock worth $53,281,000 after acquiring an additional 32,003 shares in the last quarter. Geode Capital Management LLC increased its stake in National Beverage by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 721,810 shares of the company's stock valued at $30,805,000 after acquiring an additional 15,734 shares during the last quarter. Northern Trust Corp raised its position in National Beverage by 10.6% during the fourth quarter. Northern Trust Corp now owns 295,028 shares of the company's stock valued at $12,589,000 after purchasing an additional 28,186 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position 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 valued at $11,592,000 after purchasing an additional 7,075 shares in the last quarter. Institutional investors own 23.95% of the company's stock.

National Beverage Trading Up 0.4%

NASDAQ FIZZ traded up $0.17 during trading on Friday, hitting $45.01. 16,183 shares of the company's stock were exchanged, compared to its average volume of 185,335. The stock's 50 day moving average price is $43.27 and its two-hundred day moving average price is $43.47. National Beverage Corp. has a fifty-two week low of $38.25 and a fifty-two week high of $53.48. The company has a market cap of $4.21 billion, a PE ratio of 22.62 and a beta of 0.88.

National Beverage (NASDAQ:FIZZ - Get Free Report) last issued its quarterly earnings data on Thursday, March 6th. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.03). The company 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%.

Insider Activity at National Beverage

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 completion of the sale, the director now owns 62,408 shares of the company's stock, valued at $2,708,507.20. This trade represents a 11.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 74.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

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

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.