GSA Capital Partners LLP Increases Stock Position in National Beverage Corp. $FIZZ

GSA Capital Partners LLP increased its position in shares of National Beverage Corp. (NASDAQ:FIZZ) by 215.6% during the 3rd quarter, Holdings Channel reports. The firm owned 77,115 shares of the company’s stock after purchasing an additional 52,681 shares during the quarter. National Beverage makes up approximately 0.2% of GSA Capital Partners LLP’s holdings, making the stock its 27th largest holding. GSA Capital Partners LLP’s holdings in National Beverage were worth $2,847,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. boosted its stake in shares of National Beverage by 366.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 859 shares of the company’s stock worth $32,000 after buying an additional 675 shares during the last quarter. AlphaQuest LLC bought a new stake in National Beverage during the third quarter worth $33,000. Osaic Holdings Inc. boosted its position in National Beverage by 72.5% in the second quarter. Osaic Holdings Inc. now owns 1,018 shares of the company’s stock worth $44,000 after purchasing an additional 428 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in National Beverage by 116.8% in the second quarter. Tower Research Capital LLC TRC now owns 2,313 shares of the company’s stock worth $100,000 after purchasing an additional 1,246 shares during the last quarter. Finally, Pacer Advisors Inc. grew its stake in 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. Hedge funds and other institutional investors own 23.95% of the company’s stock.

National Beverage Trading Up 1.4%

FIZZ opened at $36.35 on Tuesday. National Beverage Corp. has a 12 month low of $31.21 and a 12 month high of $47.89. The company has a market cap of $3.40 billion, a PE ratio of 18.27 and a beta of 0.71. The company has a 50 day moving average of $33.58 and a 200 day moving average of $36.51.

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

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on FIZZ. UBS Group set a $35.00 price objective on shares of National Beverage and gave the stock a “sell” rating in a report on Friday, December 5th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of National Beverage in a report on Monday, December 29th. Two research analysts have rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell” and an average price target of $35.00.

About National Beverage

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.