Texas Yale Capital Corp. Grows Position in National Beverage Corp. (FIZZ)

Texas Yale Capital Corp. boosted its position in shares of National Beverage Corp. (NASDAQ:FIZZ) by 42.5% in the fourth quarter, Holdings Channel reports. The firm owned 3,584 shares of the company’s stock after purchasing an additional 1,069 shares during the period. Texas Yale Capital Corp.’s holdings in National Beverage were worth $349,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. SeaCrest Wealth Management LLC acquired a new stake in shares of National Beverage in the fourth quarter worth about $109,000. Robeco Institutional Asset Management B.V. acquired a new stake in shares of National Beverage in the fourth quarter worth about $116,000. Sei Investments Co. acquired a new stake in shares of National Beverage in the third quarter worth about $188,000. Essex Financial Services Inc. acquired a new stake in shares of National Beverage in the third quarter worth about $214,000. Finally, Advisor Group Inc. lifted its position in shares of National Beverage by 155.9% in the second quarter. Advisor Group Inc. now owns 2,293 shares of the company’s stock worth $214,000 after buying an additional 1,397 shares during the last quarter. 21.16% of the stock is owned by hedge funds and other institutional investors.

National Beverage Corp. (FIZZ) opened at $96.73 on Wednesday. The company has a market capitalization of $4,441.52, a PE ratio of 35.96 and a beta of 0.72. National Beverage Corp. has a 12 month low of $56.38 and a 12 month high of $129.82.

National Beverage (NASDAQ:FIZZ) last posted its quarterly earnings data on Thursday, December 7th. The company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.04. The business had revenue of $244.10 million for the quarter, compared to analyst estimates of $239.11 million. National Beverage had a return on equity of 54.30% and a net margin of 13.80%. The firm’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.53 earnings per share.

A number of brokerages have weighed in on FIZZ. BidaskClub cut National Beverage from a “buy” rating to a “hold” rating in a research report on Tuesday. Susquehanna Bancshares reaffirmed a “buy” rating and issued a $173.00 price target on shares of National Beverage in a research report on Thursday, January 25th. Credit Suisse Group reaffirmed a “sell” rating on shares of National Beverage in a research report on Friday, December 8th. Finally, UBS Group upgraded National Beverage from a “neutral” rating to a “positive” rating in a research note on Monday, November 20th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $98.33.

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National Beverage Profile

National Beverage Corp. is a holding company. The Company develops, produces, markets and sells a diverse portfolio of flavored beverage products primarily in North America. The Company’s brands consist of beverages geared to the active and health-conscious consumer (Power+ Brands), including sparkling waters, energy drinks and juices, and carbonated soft drinks in a range of flavors, including regular, sugar-free and reduced calorie options.

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

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