UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $859,000 Stock Position in National Beverage Corp. (NASDAQ:FIZZ)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in shares of National Beverage Corp. (NASDAQ:FIZZ - Free Report) by 28.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,138 shares of the company's stock after selling 7,893 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC's holdings in National Beverage were worth $859,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in FIZZ. Norges Bank acquired a new stake in National Beverage during the 4th quarter worth approximately $9,718,000. Marshall Wace LLP raised its stake in shares of National Beverage by 1,461.6% during the fourth quarter. Marshall Wace LLP now owns 100,939 shares of the company's stock valued at $4,307,000 after acquiring an additional 94,475 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of National Beverage by 151.4% during the fourth quarter. JPMorgan Chase & Co. now owns 133,050 shares of the company's stock valued at $5,677,000 after acquiring an additional 80,126 shares during the last quarter. D. E. Shaw & Co. Inc. lifted its holdings in shares of National Beverage by 47.1% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 216,763 shares of the company's stock worth $9,249,000 after purchasing an additional 69,400 shares during the period. Finally, Tudor Investment Corp ET AL lifted its holdings in shares of National Beverage by 100.1% during the fourth quarter. Tudor Investment Corp ET AL now owns 74,718 shares of the company's stock worth $3,188,000 after purchasing an additional 37,376 shares during the period. 23.95% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, UBS Group decreased their price objective 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 Stock Performance

Shares of FIZZ traded down $0.61 during mid-day trading on Thursday, reaching $45.23. 10,963 shares of the company were exchanged, compared to its average volume of 187,015. The business has a 50 day simple moving average of $44.14 and a two-hundred day simple moving average of $43.30. The stock has a market capitalization of $4.23 billion, a PE ratio of 22.73 and a beta of 0.84. National Beverage Corp. has a 52 week low of $38.25 and a 52 week high of $53.48.

Insider Transactions at National Beverage

In other news, Director Stanley Michael Sheridan sold 8,000 shares of the business's stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $43.40, for a total value of $347,200.00. Following the transaction, the director now directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 74.80% of the company's stock.

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.