Two Sigma Investments LP Has $4.37 Million Holdings in National Beverage Corp. (NASDAQ:FIZZ)

Two Sigma Investments LP decreased its holdings in shares of National Beverage Corp. (NASDAQ:FIZZ - Free Report) by 15.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 102,318 shares of the company's stock after selling 19,075 shares during the quarter. Two Sigma Investments LP owned about 0.11% of National Beverage worth $4,366,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of FIZZ. Barclays PLC grew its position in shares of National Beverage by 389.9% during the 3rd quarter. Barclays PLC now owns 41,810 shares of the company's stock worth $1,962,000 after buying an additional 33,275 shares during the period. KBC Group NV grew its position in shares of National Beverage by 89.3% during 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 during the period. Pacer Advisors Inc. grew its position in shares of National Beverage by 78.0% during the 4th quarter. Pacer Advisors Inc. now owns 3,171 shares of the company's stock worth $135,000 after buying an additional 1,390 shares during the period. Newbridge Financial Services Group Inc. acquired a new stake in shares of National Beverage during the 4th quarter worth approximately $40,000. Finally, Allspring Global Investments Holdings LLC grew its position in shares of National Beverage by 1,292.0% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 27,270 shares of the company's stock worth $1,156,000 after buying an additional 25,311 shares during the period. Institutional investors and hedge funds own 23.95% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, UBS Group lowered their price target 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.

Insider Activity at National Beverage

In related news, Director Stanley Michael Sheridan sold 8,000 shares of the business's stock in a transaction that occurred 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 owns 62,408 shares in the company, valued at approximately $2,708,507.20. The trade was a 11.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 74.80% of the company's stock.

National Beverage Stock Up 0.7%

NASDAQ FIZZ traded up $0.30 during trading on Friday, reaching $45.14. 213,439 shares of the stock traded hands, compared to its average volume of 186,478. 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 stock's 50-day moving average price is $43.36 and its 200 day moving average price is $43.44. National Beverage Corp. has a fifty-two week low of $38.25 and a fifty-two week high of $53.48.

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

About National Beverage

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.