Schroder Investment Management Group Acquires Shares of 14,306 National Beverage Corp. (NASDAQ:FIZZ)

Schroder Investment Management Group acquired a new position in National Beverage Corp. (NASDAQ:FIZZ - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 14,306 shares of the company's stock, valued at approximately $608,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Allspring Global Investments Holdings LLC boosted its holdings in National Beverage by 1,292.0% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 27,270 shares of the company's stock worth $1,156,000 after buying an additional 25,311 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of National Beverage by 2.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 271,658 shares of the company's stock valued at $11,592,000 after acquiring an additional 7,075 shares in the last quarter. Barclays PLC boosted its stake in shares of National Beverage by 389.9% in the third quarter. Barclays PLC now owns 41,810 shares of the company's stock worth $1,962,000 after acquiring an additional 33,275 shares during the period. Asset Management One Co. Ltd. purchased a new stake in shares of National Beverage during the fourth quarter worth about $746,000. Finally, Raymond James Financial Inc. bought a new stake in National Beverage during the 4th quarter valued at approximately $631,000. 23.95% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, UBS Group dropped their price target on National Beverage from $46.00 to $41.00 and set a "sell" rating for the company in a research note on Thursday, February 27th.

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National Beverage Trading Up 0.8 %

FIZZ traded up $0.36 during trading on Friday, hitting $44.23. 165,503 shares of the company traded hands, compared to its average volume of 181,901. The company has a market cap of $4.14 billion, a PE ratio of 22.23 and a beta of 0.94. National Beverage Corp. has a 1 year low of $38.25 and a 1 year high of $53.48. The stock's 50-day simple moving average is $40.86 and its two-hundred day simple moving average is $43.96.

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

National Beverage 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.