Barclays PLC Has $1.96 Million Stock Position in National Beverage Corp. (NASDAQ:FIZZ)

Barclays PLC increased its holdings in shares of National Beverage Corp. (NASDAQ:FIZZ) by 389.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 41,810 shares of the company’s stock after acquiring an additional 33,275 shares during the quarter. Barclays PLC’s holdings in National Beverage were worth $1,962,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Natixis Advisors LLC lifted its holdings in shares of National Beverage by 0.7% during the 2nd quarter. Natixis Advisors LLC now owns 385,397 shares of the company’s stock valued at $19,748,000 after purchasing an additional 2,850 shares in the last quarter. National Bank of Canada FI lifted its stake in National Beverage by 22.2% in the second quarter. National Bank of Canada FI now owns 5,049 shares of the company’s stock valued at $266,000 after buying an additional 916 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of National Beverage by 6.7% in the second quarter. Victory Capital Management Inc. now owns 14,682 shares of the company’s stock valued at $752,000 after buying an additional 922 shares during the period. Quest Partners LLC bought a new stake in shares of National Beverage during the second quarter worth $34,000. Finally, Texas Permanent School Fund Corp raised its holdings in shares of National Beverage by 11.8% during the second quarter. Texas Permanent School Fund Corp now owns 22,835 shares of the company’s stock worth $1,170,000 after acquiring an additional 2,401 shares during the period. 23.95% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, UBS Group reduced their target price on shares of National Beverage from $46.00 to $45.00 and set a “sell” rating for the company in a research note on Tuesday, September 10th.

Insider Transactions at National Beverage

In related news, Director Cecil D. Conlee sold 2,736 shares of the company’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $47.01, for a total transaction of $128,619.36. Following the sale, the director now owns 53,744 shares in the company, valued at approximately $2,526,505.44. This represents a 4.84 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 74.80% of the company’s stock.

National Beverage Stock Performance

Shares of National Beverage stock opened at $43.83 on Friday. The firm has a market cap of $4.10 billion, a PE ratio of 22.03 and a beta of 0.83. The business’s 50 day simple moving average is $47.30 and its 200 day simple moving average is $47.29. National Beverage Corp. has a 52-week low of $42.85 and a 52-week high of $53.58.

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.