Louisiana State Employees Retirement System Purchases Shares of 11,700 National Beverage Corp. (NASDAQ:FIZZ)

Louisiana State Employees Retirement System purchased a new stake in shares of National Beverage Corp. (NASDAQ:FIZZ) during the fourth quarter, Holdings Channel reports. The fund purchased 11,700 shares of the company’s stock, valued at approximately $582,000.

A number of other institutional investors have also bought and sold shares of FIZZ. Handelsbanken Fonder AB boosted its position in National Beverage by 3.6% during the third quarter. Handelsbanken Fonder AB now owns 6,483 shares of the company’s stock valued at $305,000 after acquiring an additional 225 shares during the last quarter. Simplicity Solutions LLC raised its holdings in shares of National Beverage by 9.3% during the third quarter. Simplicity Solutions LLC now owns 12,729 shares of the company’s stock valued at $599,000 after purchasing an additional 1,088 shares during the period. Linden Thomas Advisory Services LLC raised its holdings in shares of National Beverage by 2.7% during the third quarter. Linden Thomas Advisory Services LLC now owns 30,336 shares of the company’s stock valued at $1,426,000 after purchasing an additional 787 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of National Beverage by 43.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,248 shares of the company’s stock valued at $200,000 after purchasing an additional 1,292 shares during the period. Finally, Strs Ohio raised its holdings in shares of National Beverage by 3.4% during the third quarter. Strs Ohio now owns 15,200 shares of the company’s stock valued at $714,000 after purchasing an additional 500 shares during the period. Institutional investors own 23.95% of the company’s stock.

National Beverage Trading Up 0.1 %

Shares of NASDAQ FIZZ opened at $43.56 on Monday. The firm’s 50-day moving average price is $48.15 and its 200-day moving average price is $48.23. National Beverage Corp. has a 1-year low of $43.33 and a 1-year high of $55.12. The firm has a market capitalization of $4.07 billion, a P/E ratio of 24.07 and a beta of 0.84.

National Beverage (NASDAQ:FIZZ) last announced its quarterly earnings data on Thursday, March 7th. The company reported $0.42 earnings per share for the quarter. National Beverage had a net margin of 14.34% and a return on equity of 38.23%. The firm had revenue of $270.07 million for the quarter.

Insider Buying and Selling

In related news, Director Cecil D. Conlee sold 12,000 shares of the company’s stock in a transaction dated Tuesday, April 9th. The shares were sold at an average price of $47.94, for a total value of $575,280.00. Following the sale, the director now owns 60,480 shares in the company, valued at approximately $2,899,411.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 75.00% of the stock is currently owned by company insiders.

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.