Stifel Financial Corp Purchases 219 Shares of National Beverage Corp. (NASDAQ:FIZZ)

Stifel Financial Corp raised its position in shares of National Beverage Corp. (NASDAQ:FIZZ) by 0.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 90,230 shares of the company’s stock after acquiring an additional 219 shares during the period. Stifel Financial Corp’s holdings in National Beverage were worth $4,235,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its holdings in National Beverage by 3.7% during the second quarter. Dimensional Fund Advisors LP now owns 1,145,227 shares of the company’s stock valued at $58,680,000 after acquiring an additional 40,488 shares during the period. Natixis Advisors LLC boosted its holdings in National Beverage by 0.7% during the second quarter. Natixis Advisors LLC now owns 385,397 shares of the company’s stock valued at $19,748,000 after acquiring an additional 2,850 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of National Beverage by 13.7% in the second quarter. Envestnet Asset Management Inc. now owns 221,247 shares of the company’s stock valued at $11,337,000 after buying an additional 26,729 shares during the period. RK Asset Management LLC lifted its stake in shares of National Beverage by 0.4% in the third quarter. RK Asset Management LLC now owns 198,744 shares of the company’s stock valued at $9,329,000 after buying an additional 739 shares during the period. Finally, Cerity Partners LLC lifted its stake in shares of National Beverage by 1.7% in the third quarter. Cerity Partners LLC now owns 179,574 shares of the company’s stock valued at $8,429,000 after buying an additional 2,931 shares during the period. 23.95% of the stock is currently owned by institutional investors.

National Beverage Stock Performance

NASDAQ FIZZ opened at $46.69 on Monday. The firm has a 50-day simple moving average of $47.30 and a 200 day simple moving average of $47.35. National Beverage Corp. has a twelve month low of $42.85 and a twelve month high of $53.58. The stock has a market cap of $4.37 billion, a PE ratio of 23.46 and a beta of 0.83.

Analyst Ratings Changes

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.

National Beverage 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.