Illinois Municipal Retirement Fund Sells 943 Shares of National Beverage Corp. (NASDAQ:FIZZ)

Illinois Municipal Retirement Fund decreased its position in National Beverage Corp. (NASDAQ:FIZZ) by 6.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,214 shares of the company’s stock after selling 943 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in National Beverage were worth $657,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Invesco Ltd. increased its holdings in National Beverage by 67.3% during the third quarter. Invesco Ltd. now owns 210,971 shares of the company’s stock worth $9,920,000 after buying an additional 84,870 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of National Beverage by 50.3% during the third quarter. Envestnet Asset Management Inc. now owns 196,288 shares of the company’s stock worth $9,229,000 after acquiring an additional 65,702 shares in the last quarter. Qube Research & Technologies Ltd raised its stake in shares of National Beverage by 59.9% during the third quarter. Qube Research & Technologies Ltd now owns 117,144 shares of the company’s stock worth $5,508,000 after acquiring an additional 43,864 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in shares of National Beverage by 77.3% in the fourth quarter. Assenagon Asset Management S.A. now owns 99,399 shares of the company’s stock worth $4,942,000 after buying an additional 43,349 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of National Beverage by 65.1% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 51,266 shares of the company’s stock worth $2,411,000 after buying an additional 20,208 shares during the period. Institutional investors own 23.95% of the company’s stock.

Insiders Place Their Bets

In other 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 transaction of $575,280.00. Following the completion of the sale, the director now owns 60,480 shares of the company’s stock, valued at approximately $2,899,411.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 75.00% of the stock is owned by insiders.

National Beverage Trading Up 0.4 %

Shares of National Beverage stock opened at $43.72 on Tuesday. The company’s fifty day simple moving average is $48.03 and its two-hundred day simple moving average is $48.23. The company has a market cap of $4.09 billion, a P/E ratio of 24.15 and a beta of 0.84. National Beverage Corp. has a 12-month low of $43.33 and a 12-month high of $55.12.

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

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.