SG Americas Securities LLC Makes New Investment in National Beverage Corp. $FIZZ

SG Americas Securities LLC acquired a new stake in shares of National Beverage Corp. (NASDAQ:FIZZ) in the 3rd quarter, HoldingsChannel.com reports. The fund acquired 29,792 shares of the company’s stock, valued at approximately $1,100,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Osaic Holdings Inc. lifted its position in shares of National Beverage by 72.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,018 shares of the company’s stock valued at $44,000 after acquiring an additional 428 shares during the last quarter. Signaturefd LLC lifted its stake in National Beverage by 136.7% in the 2nd quarter. Signaturefd LLC now owns 1,375 shares of the company’s stock worth $59,000 after acquiring an additional 794 shares in the last quarter. Parallel Advisors LLC boosted its position in National Beverage by 73.8% during the 2nd quarter. Parallel Advisors LLC now owns 2,317 shares of the company’s stock worth $100,000 after acquiring an additional 984 shares during the period. Tower Research Capital LLC TRC grew its stake in National Beverage by 116.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,313 shares of the company’s stock valued at $100,000 after acquiring an additional 1,246 shares in the last quarter. Finally, Pacer Advisors Inc. increased its holdings in shares of National Beverage by 14.0% in the 3rd quarter. Pacer Advisors Inc. now owns 4,129 shares of the company’s stock valued at $152,000 after purchasing an additional 507 shares during the period. 23.95% of the stock is currently owned by institutional investors.

National Beverage Trading Up 1.3%

FIZZ stock opened at $33.78 on Friday. The firm has a market cap of $3.16 billion, a PE ratio of 16.97 and a beta of 0.55. National Beverage Corp. has a 1 year low of $31.21 and a 1 year high of $47.89. The company has a fifty day simple moving average of $33.26 and a 200 day simple moving average of $38.27.

National Beverage (NASDAQ:FIZZ) last posted its earnings results on Thursday, December 11th. The company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.03). The company had revenue of $288.33 million for the quarter, compared to the consensus estimate of $292.66 million. National Beverage had a net margin of 15.55% and a return on equity of 39.29%.

Analyst Ratings Changes

Several analysts recently commented on FIZZ shares. UBS Group set a $35.00 price target on shares of National Beverage and gave the stock a “sell” rating in a report on Friday, December 5th. Weiss Ratings restated a “sell (d+)” rating on shares of National Beverage in a report on Monday, December 29th. Two analysts have rated the stock with a Sell rating, According to data from MarketBeat, National Beverage currently has an average rating of “Sell” and an average target price of $35.00.

National Beverage Profile

National Beverage Corp. (NASDAQ: FIZZ) is a U.S.-based beverage company specializing in the development, marketing and production of nonalcoholic refreshment products. The company’s portfolio includes a range of sparkling waters, soft drinks and energy beverages designed for a variety of consumer tastes and dietary preferences. Through in-house bottling operations and strategic partnerships with co-packers, National Beverage manages production from flavor formulation to final packaging and distribution.

Founded in 1985, National Beverage has broadened its product lineup over the decades through both organic brand introductions and selective acquisitions.