National Beverage Corp. (NASDAQ:FIZZ) Shares Bought by KBC Group NV

KBC Group NV lifted its stake in National Beverage Corp. (NASDAQ:FIZZ) by 89.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,357 shares of the company’s stock after acquiring an additional 640 shares during the quarter. KBC Group NV’s holdings in National Beverage were worth $58,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. AQR Capital Management LLC lifted its stake in National Beverage by 7.2% during the second quarter. AQR Capital Management LLC now owns 9,066 shares of the company’s stock worth $465,000 after purchasing an additional 612 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in National Beverage by 1.6% during the second quarter. The Manufacturers Life Insurance Company now owns 16,430 shares of the company’s stock worth $842,000 after purchasing an additional 252 shares during the period. SG Americas Securities LLC lifted its position in shares of National Beverage by 11.6% during the third quarter. SG Americas Securities LLC now owns 11,066 shares of the company’s stock worth $519,000 after purchasing an additional 1,146 shares in the last quarter. Handelsbanken Fonder AB increased its stake in National Beverage by 37.0% during the 3rd quarter. Handelsbanken Fonder AB now owns 8,883 shares of the company’s stock worth $417,000 after buying an additional 2,400 shares during the period. Finally, Exchange Traded Concepts LLC lifted its holdings in National Beverage by 26.6% during the 3rd quarter. Exchange Traded Concepts LLC now owns 37,935 shares of the company’s stock worth $1,781,000 after buying an additional 7,977 shares in the last quarter. Hedge funds and other institutional investors own 23.95% of the company’s stock.

National Beverage Stock Up 0.0 %

NASDAQ:FIZZ opened at $40.26 on Tuesday. The company has a market cap of $3.77 billion, a price-to-earnings ratio of 20.23 and a beta of 0.84. National Beverage Corp. has a 52 week low of $39.88 and a 52 week high of $53.48. The company has a fifty day simple moving average of $44.01 and a two-hundred day simple moving average of $45.66.

National Beverage (NASDAQ:FIZZ) last released its earnings results on Thursday, December 5th. The company reported $0.49 EPS for the quarter. National Beverage had a return on equity of 42.80% and a net margin of 15.63%.

Insiders Place Their Bets

In other news, Director Cecil D. Conlee sold 2,736 shares of the firm’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $47.01, for a total value of $128,619.36. Following the sale, the director now directly owns 53,744 shares in the company, valued at approximately $2,526,505.44. This trade represents a 4.84 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 74.80% of the stock is currently owned by company insiders.

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.