Invesco Ltd. Acquires 21,160 Shares of National Beverage Corp. (NASDAQ:FIZZ)

Invesco Ltd. lifted its position in National Beverage Corp. (NASDAQ:FIZZ - Free Report) by 15.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 159,630 shares of the company's stock after purchasing an additional 21,160 shares during the quarter. Invesco Ltd. owned about 0.17% of National Beverage worth $6,811,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of FIZZ. Newbridge Financial Services Group Inc. acquired a new stake in National Beverage in the 4th quarter worth about $40,000. KBC Group NV lifted its stake in National Beverage by 89.3% in the fourth quarter. KBC Group NV now owns 1,357 shares of the company's stock worth $58,000 after acquiring an additional 640 shares during the last quarter. GAMMA Investing LLC raised its position in shares of National Beverage by 43.6% during the 4th quarter. GAMMA Investing LLC now owns 1,594 shares of the company's stock worth $68,000 after acquiring an additional 484 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of National Beverage by 158.3% in the 4th quarter. Jones Financial Companies Lllp now owns 2,387 shares of the company's stock valued at $102,000 after buying an additional 1,463 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its stake in National Beverage by 78.0% in the fourth quarter. Pacer Advisors Inc. now owns 3,171 shares of the company's stock valued at $135,000 after buying an additional 1,390 shares during the last quarter. 23.95% of the stock is currently owned by institutional investors and hedge funds.

National Beverage Trading Up 1.2 %

FIZZ traded up $0.52 during midday trading on Wednesday, hitting $44.40. The company's stock had a trading volume of 226,009 shares, compared to its average volume of 183,107. The firm has a 50-day moving average price of $41.82 and a two-hundred day moving average price of $43.80. National Beverage Corp. has a 52-week low of $38.25 and a 52-week high of $53.48. The firm has a market cap of $4.16 billion, a P/E ratio of 22.31 and a beta of 0.94.

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 the consensus estimate of $0.45 by ($0.03). National Beverage had a net margin of 15.63% and a return on equity of 42.80%. The firm had revenue of $267.05 million during the quarter, compared to analyst estimates of $282.22 million.

Wall Street Analysts Forecast Growth

Separately, UBS Group lowered their price objective on shares of 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 Transactions at National Beverage

In other National Beverage news, Director Stanley Michael Sheridan sold 8,000 shares of the 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 transaction, the director now owns 62,408 shares in the company, valued at $2,708,507.20. This trade represents a 11.36 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 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.