Dupont Capital Management Corp Purchases 2,807 Shares of National Beverage Corp. (FIZZ)

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Dupont Capital Management Corp lifted its position in shares of National Beverage Corp. (NASDAQ:FIZZ) by 39.0% during the fourth quarter, HoldingsChannel reports. The firm owned 10,003 shares of the company’s stock after purchasing an additional 2,807 shares during the quarter. Dupont Capital Management Corp’s holdings in National Beverage were worth $718,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of National Beverage by 40.0% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 840 shares of the company’s stock worth $60,000 after purchasing an additional 240 shares in the last quarter. Intercontinental Wealth Advisors LLC bought a new stake in shares of National Beverage in the fourth quarter worth $74,000. Quantamental Technologies LLC bought a new stake in shares of National Beverage in the fourth quarter worth $130,000. FNY Investment Advisers LLC bought a new stake in shares of National Beverage in the third quarter worth $167,000. Finally, Oppenheimer Asset Management Inc. bought a new stake in shares of National Beverage in the fourth quarter worth $189,000. 23.91% of the stock is currently owned by institutional investors and hedge funds.

FIZZ stock opened at $74.44 on Thursday. National Beverage Corp. has a 1-year low of $70.57 and a 1-year high of $127.32. The firm has a market cap of $3.40 billion, a price-to-earnings ratio of 23.34 and a beta of 1.39.

National Beverage (NASDAQ:FIZZ) last released its earnings results on Thursday, December 6th. The company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.01. National Beverage had a net margin of 16.33% and a return on equity of 47.17%. The firm had revenue of $260.71 million during the quarter, compared to analyst estimates of $273.40 million. On average, equities research analysts forecast that National Beverage Corp. will post 3.83 EPS for the current year.

The firm also recently announced a special dividend, which was paid on Tuesday, January 29th. Shareholders of record on Friday, November 30th were paid a dividend of $2.90 per share. This is a positive change from National Beverage’s previous special dividend of $1.50. The ex-dividend date of this dividend was Thursday, November 29th.

A number of analysts recently issued reports on the stock. Guggenheim upgraded shares of National Beverage from a “sell” rating to a “neutral” rating and set a $86.00 price target for the company in a research note on Thursday, December 6th. Maxim Group restated a “sell” rating and issued a $45.00 price target on shares of National Beverage in a research note on Friday, December 7th. BidaskClub lowered shares of National Beverage from a “buy” rating to a “hold” rating in a research note on Friday, December 7th. ValuEngine upgraded shares of National Beverage from a “hold” rating to a “buy” rating in a research note on Wednesday, October 24th. Finally, UBS Group assumed coverage on shares of National Beverage in a research note on Thursday, December 13th. They issued a “sell” rating and a $80.00 price target for the company. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $95.80.

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About National Beverage

National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company offers beverages to the active and health-conscious consumers, including sparkling waters, energy drinks, and juices under the LaCroix, LaCroix Cúrate, LaCroix NiCola, Shasta Sparkling Water, the Rip It, Everfresh, Everfresh Premier Varietals, and Mr.

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Institutional Ownership by Quarter for National Beverage (NASDAQ:FIZZ)

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