Universal Beteiligungs und Servicegesellschaft mbH Acquires Shares of 9,436 National Beverage Corp. (NASDAQ:FIZZ)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH has acquired 9,436 shares of National Beverage Corp., worth approximately $392,000, making it a new stakeholder in the company.
• National Beverage reported $0.48 earnings per share for the last quarter, meeting analysts' estimates, with revenue of $313.63 million, exceeding expectations of $303.26 million.
• Analysts at UBS Group have raised their target price for National Beverage's shares from $42.00 to $45.00, while maintaining a "sell" rating on the stock.

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of National Beverage Corp. (NASDAQ:FIZZ - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 9,436 shares of the company's stock, valued at approximately $392,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Golden State Wealth Management LLC grew its stake in National Beverage by 102.4% in the first quarter. Golden State Wealth Management LLC now owns 830 shares of the company's stock worth $34,000 after purchasing an additional 420 shares in the last quarter. Lazard Asset Management LLC bought a new position in shares of National Beverage during the 4th quarter worth $52,000. Parallel Advisors LLC grew its position in shares of National Beverage by 307.6% during the 1st quarter. Parallel Advisors LLC now owns 1,333 shares of the company's stock worth $55,000 after buying an additional 1,006 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in shares of National Beverage by 38.3% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,499 shares of the company's stock valued at $64,000 after buying an additional 415 shares during the period. Finally, CWM LLC raised its holdings in shares of National Beverage by 87.3% in the first quarter. CWM LLC now owns 1,549 shares of the company's stock valued at $64,000 after acquiring an additional 722 shares in the last quarter. Institutional investors own 23.95% of the company's stock.

National Beverage Stock Performance

NASDAQ FIZZ opened at $46.32 on Monday. The company has a market cap of $4.34 billion, a PE ratio of 23.16 and a beta of 0.82. The firm's 50 day moving average price is $45.29 and its 200-day moving average price is $43.17. National Beverage Corp. has a 52-week low of $38.25 and a 52-week high of $50.51.

National Beverage (NASDAQ:FIZZ - Get Free Report) last posted its earnings results on Wednesday, July 2nd. The company reported $0.48 earnings per share for the quarter, hitting analysts' consensus estimates of $0.48. National Beverage had a return on equity of 49.48% and a net margin of 15.55%. The company had revenue of $313.63 million during the quarter, compared to analyst estimates of $303.26 million. During the same quarter in the prior year, the business earned $0.47 earnings per share.

Analyst Ratings Changes

Separately, UBS Group increased their target price on shares of National Beverage from $42.00 to $45.00 and gave the stock a "sell" rating in a report on Monday, July 7th.

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.

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