National Beverage (FIZZ) Shares Bought by Ladenburg Thalmann Financial Services Inc.

Ladenburg Thalmann Financial Services Inc. grew its stake in National Beverage (NASDAQ:FIZZ) by 23.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,944 shares of the company’s stock after purchasing an additional 743 shares during the period. Ladenburg Thalmann Financial Services Inc.’s holdings in National Beverage were worth $384,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of FIZZ. Principal Financial Group Inc. boosted its stake in shares of National Beverage by 23.6% in the 3rd quarter. Principal Financial Group Inc. now owns 10,860 shares of the company’s stock valued at $1,347,000 after purchasing an additional 2,072 shares in the last quarter. Sei Investments Co. acquired a new stake in shares of National Beverage in the 3rd quarter valued at approximately $188,000. Bank of New York Mellon Corp boosted its stake in shares of National Beverage by 0.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 121,125 shares of the company’s stock valued at $15,026,000 after purchasing an additional 872 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of National Beverage by 13.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 40,729 shares of the company’s stock valued at $5,052,000 after purchasing an additional 4,886 shares in the last quarter. Finally, American International Group Inc. boosted its stake in shares of National Beverage by 8.1% in the 3rd quarter. American International Group Inc. now owns 7,875 shares of the company’s stock valued at $977,000 after purchasing an additional 589 shares in the last quarter. Institutional investors own 23.66% of the company’s stock.

How to Become a New Pot Stock Millionaire

FIZZ opened at $89.01 on Monday. National Beverage has a 1-year low of $81.65 and a 1-year high of $129.82. The company has a market capitalization of $4,148.67, a PE ratio of 29.18 and a beta of 0.93.

National Beverage (NASDAQ:FIZZ) last posted its earnings results on Thursday, March 8th. The company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.67 by $0.21. National Beverage had a net margin of 15.10% and a return on equity of 56.83%. The business had revenue of $227.50 million for the quarter, compared to the consensus estimate of $232.06 million. During the same period last year, the company earned $0.52 EPS. The firm’s revenue was up 16.9% compared to the same quarter last year.

A number of equities research analysts have recently weighed in on FIZZ shares. BidaskClub upgraded shares of National Beverage from a “hold” rating to a “buy” rating in a research note on Tuesday, April 3rd. Susquehanna Bancshares restated a “positive” rating and issued a $148.00 price target (down from $166.00) on shares of National Beverage in a research note on Tuesday, March 13th. Finally, Maxim Group raised their price target on shares of National Beverage from $40.00 to $45.00 and gave the company a “sell” rating in a research note on Friday, March 9th. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $91.67.

TRADEMARK VIOLATION NOTICE: This article was first reported by Ticker Report and is owned by of Ticker Report. If you are accessing this article on another website, it was illegally copied and reposted in violation of United States and international copyright law. The legal version of this article can be read at https://www.tickerreport.com/banking-finance/3342656/national-beverage-fizz-shares-bought-by-ladenburg-thalmann-financial-services-inc.html.

National Beverage Company Profile

National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of flavored beverage products in North America and internationally. The company offers beverages to the active and health-conscious consumers, including sparkling waters under the LaCroix, LaCroix C├║rate, LaCroix NiCola, and Shasta Sparkling Water brand names; energy drinks and shots under the Rip It brand name; juice and juice-based products under the Everfresh, Everfresh Premier Varietals, and Mr.

Want to see what other hedge funds are holding FIZZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for National Beverage (NASDAQ:FIZZ).

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

Receive News & Ratings for National Beverage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Beverage and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

SingularityNET  Trading Up 19.3% This Week
SingularityNET Trading Up 19.3% This Week
Edge Therapeutics  Trading Down 6.3%
Edge Therapeutics Trading Down 6.3%
Aeglea Bio Therapeutics  Stock Price Down 7.2%
Aeglea Bio Therapeutics Stock Price Down 7.2%
Canso Select Opportunities Fund Declares Monthly Dividend of $0.04
Canso Select Opportunities Fund Declares Monthly Dividend of $0.04
KLA-Tencor  Trading Down 5.5%
KLA-Tencor Trading Down 5.5%
First Internet Bancorp  Receives Buy Rating from Sandler O’Neill
First Internet Bancorp Receives Buy Rating from Sandler O’Neill


Leave a Reply

© 2006-2018 Ticker Report. Google+.