Two Sigma Investments LP Cuts Stock Position in National Beverage Corp. (NASDAQ:FIZZ)

Two Sigma Investments LP trimmed its position in National Beverage Corp. (NASDAQ:FIZZ - Free Report) by 15.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 102,318 shares of the company's stock after selling 19,075 shares during the period. Two Sigma Investments LP owned about 0.11% of National Beverage worth $4,366,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank purchased a new position in shares of National Beverage during the 4th quarter valued at about $9,718,000. Marshall Wace LLP lifted its position in shares of National Beverage by 1,461.6% during the 4th quarter. Marshall Wace LLP now owns 100,939 shares of the company's stock valued at $4,307,000 after buying an additional 94,475 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of National Beverage by 151.4% during the 4th quarter. JPMorgan Chase & Co. now owns 133,050 shares of the company's stock valued at $5,677,000 after buying an additional 80,126 shares in the last quarter. D. E. Shaw & Co. Inc. lifted its position in shares of National Beverage by 47.1% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 216,763 shares of the company's stock valued at $9,249,000 after buying an additional 69,400 shares in the last quarter. Finally, Tudor Investment Corp ET AL lifted its position in shares of National Beverage by 100.1% during the 4th quarter. Tudor Investment Corp ET AL now owns 74,718 shares of the company's stock valued at $3,188,000 after buying an additional 37,376 shares in the last quarter. 23.95% of the stock is owned by hedge funds and other institutional investors.

National Beverage Stock Up 0.6%

NASDAQ FIZZ traded up $0.25 during trading hours on Monday, reaching $45.48. The company's stock had a trading volume of 152,730 shares, compared to its average volume of 186,532. The firm's 50-day moving average price is $43.56 and its 200-day moving average price is $43.31. National Beverage Corp. has a 1 year low of $38.25 and a 1 year high of $53.48. The company has a market capitalization of $4.26 billion, a price-to-earnings ratio of 22.85 and a beta of 0.88.

National Beverage (NASDAQ:FIZZ - Get Free Report) last posted 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 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 analysts' expectations of $282.22 million.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

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