Maryland State Retirement & Pension System lessened its holdings in National Beverage Corp. (NASDAQ:FIZZ – Free Report) by 3.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,093 shares of the company’s stock after selling 305 shares during the period. Maryland State Retirement & Pension System’s holdings in National Beverage were worth $440,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. boosted its position in shares of National Beverage by 0.5% in the 3rd quarter. BlackRock Inc. now owns 3,629,716 shares of the company’s stock valued at $139,891,000 after purchasing an additional 18,278 shares during the period. Vanguard Group Inc. boosted its stake in shares of National Beverage by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 2,734,805 shares of the company’s stock worth $105,399,000 after acquiring an additional 19,104 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of National Beverage by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,002,357 shares of the company’s stock worth $52,842,000 after acquiring an additional 7,465 shares in the last quarter. State Street Corp boosted its stake in shares of National Beverage by 1.0% during the 3rd quarter. State Street Corp now owns 849,383 shares of the company’s stock worth $32,735,000 after acquiring an additional 8,618 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of National Beverage by 1.3% during the 1st quarter. Geode Capital Management LLC now owns 552,781 shares of the company’s stock worth $29,143,000 after acquiring an additional 6,971 shares in the last quarter. Hedge funds and other institutional investors own 23.09% of the company’s stock.
National Beverage Trading Up 1.2 %
Shares of NASDAQ:FIZZ opened at $46.61 on Friday. National Beverage Corp. has a 1 year low of $38.40 and a 1 year high of $55.12. The business has a fifty day simple moving average of $50.67 and a 200 day simple moving average of $50.42. The firm has a market cap of $4.35 billion, a price-to-earnings ratio of 27.74 and a beta of 0.99.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered National Beverage from a “buy” rating to a “hold” rating in a report on Tuesday.
Read Our Latest Research Report on FIZZ
National Beverage Company Profile
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.
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