FCF Advisors LLC Sells 2,415 Shares of National Beverage Corp. (NASDAQ:FIZZ)

FCF Advisors LLC reduced its position in shares of National Beverage Corp. (NASDAQ:FIZZ) by 18.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,384 shares of the company’s stock after selling 2,415 shares during the period. FCF Advisors LLC’s holdings in National Beverage were worth $493,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FIZZ. Norges Bank bought a new position in National Beverage in the 4th quarter valued at $10,309,000. Invesco Ltd. grew its position in National Beverage by 67.3% during the third quarter. Invesco Ltd. now owns 210,971 shares of the company’s stock valued at $9,920,000 after buying an additional 84,870 shares during the period. Envestnet Asset Management Inc. increased its holdings in 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 buying an additional 65,702 shares during the last quarter. Vanguard Group Inc. increased its holdings in National Beverage by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 2,751,778 shares of the company’s stock worth $136,818,000 after buying an additional 49,441 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its position in National Beverage by 59.9% in 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 during the period. 23.95% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at National Beverage

In other National Beverage news, Director Cecil D. Conlee sold 12,000 shares of National Beverage stock in a transaction dated Tuesday, April 9th. The stock was sold at an average price of $47.94, for a total transaction of $575,280.00. Following the completion of the transaction, 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 can be accessed through this link. Corporate insiders own 75.00% of the company’s stock.

National Beverage Stock Performance

NASDAQ:FIZZ traded down $3.45 during trading hours on Monday, reaching $45.24. The stock had a trading volume of 74,387 shares, compared to its average volume of 152,609. The stock has a market cap of $4.23 billion, a P/E ratio of 25.07 and a beta of 0.79. The stock has a 50 day simple moving average of $46.45 and a 200 day simple moving average of $48.12. National Beverage Corp. has a 12-month low of $43.14 and a 12-month high of $55.12.

National Beverage Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, July 24th. Stockholders of record on Monday, June 24th will be issued a $3.25 dividend. This is a positive change from National Beverage’s previous dividend of $3.00. The ex-dividend date of this dividend is Monday, June 24th.

About National Beverage

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.