Dimensional Fund Advisors LP Boosts Stock Holdings in National Beverage Corp. (NASDAQ:FIZZ)

Dimensional Fund Advisors LP raised its holdings in National Beverage Corp. (NASDAQ:FIZZ – Get Rating) by 1.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,014,495 shares of the company’s stock after purchasing an additional 10,290 shares during the period. Dimensional Fund Advisors LP owned 1.09% of National Beverage worth $39,100,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Renaissance Technologies LLC increased its stake in shares of National Beverage by 1.3% in the second quarter. Renaissance Technologies LLC now owns 4,147,644 shares of the company’s stock worth $202,986,000 after purchasing an additional 54,100 shares in the last quarter. Bridgewater Associates LP grew its stake in National Beverage by 5.1% during the second quarter. Bridgewater Associates LP now owns 67,876 shares of the company’s stock valued at $3,322,000 after acquiring an additional 3,289 shares in the last quarter. Mutual of America Capital Management LLC grew its stake in National Beverage by 16.6% during the second quarter. Mutual of America Capital Management LLC now owns 3,919 shares of the company’s stock valued at $192,000 after acquiring an additional 557 shares in the last quarter. J.W. Cole Advisors Inc. grew its stake in National Beverage by 2.6% during the third quarter. J.W. Cole Advisors Inc. now owns 31,000 shares of the company’s stock valued at $1,195,000 after acquiring an additional 800 shares in the last quarter. Finally, Isthmus Partners LLC grew its stake in National Beverage by 1.2% during the second quarter. Isthmus Partners LLC now owns 42,148 shares of the company’s stock valued at $2,063,000 after acquiring an additional 488 shares in the last quarter. Hedge funds and other institutional investors own 23.40% of the company’s stock.

Analyst Upgrades and Downgrades

FIZZ has been the subject of several recent analyst reports. StockNews.com cut shares of National Beverage from a “buy” rating to a “hold” rating in a research note on Monday, January 9th. Jefferies Financial Group cut shares of National Beverage from a “hold” rating to an “underperform” rating and reduced their price objective for the company from $42.00 to $38.00 in a research note on Wednesday, January 4th.

National Beverage Price Performance

FIZZ stock opened at $45.79 on Thursday. National Beverage Corp. has a one year low of $38.10 and a one year high of $57.65. The stock has a market cap of $4.27 billion, a PE ratio of 31.36 and a beta of 1.05. The firm has a 50 day simple moving average of $45.36 and a two-hundred day simple moving average of $46.85.

National Beverage (NASDAQ:FIZZ – Get Rating) last released its quarterly earnings results on Thursday, December 8th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.08. National Beverage had a net margin of 11.79% and a return on equity of 54.53%. The business had revenue of $299.63 million during the quarter, compared to analysts’ expectations of $291.70 million. On average, research analysts expect that National Beverage Corp. will post 1.34 EPS for the current fiscal year.

About National Beverage

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National Beverage Corp. engages in the development, manufacture, market, and sale of flavored beverage products. Its brands include Big Shot, Clear Fruit, Crystal Bay, Everfresh, Everfresh Premier Varietals, Faygo, LaCroix, LaCroix Cúrate, Mr.Pure, Nicola, Ohana, Ritz, Rip It, Rip It 2oz Shot, Ritz and Shasta.