Arizona State Retirement System Has $306,000 Stake in National Beverage Corp. (NASDAQ:FIZZ)

Arizona State Retirement System grew its position in shares of National Beverage Corp. (NASDAQ:FIZZ – Get Rating) by 3.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,584 shares of the company’s stock after buying an additional 243 shares during the quarter. Arizona State Retirement System’s holdings in National Beverage were worth $306,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in FIZZ. HighTower Advisors LLC lifted its holdings in shares of National Beverage by 10.5% during the 1st quarter. HighTower Advisors LLC now owns 21,463 shares of the company’s stock valued at $935,000 after buying an additional 2,034 shares during the last quarter. Private Advisor Group LLC raised its stake in shares of National Beverage by 15.0% in the 1st quarter. Private Advisor Group LLC now owns 10,705 shares of the company’s stock valued at $466,000 after acquiring an additional 1,394 shares in the last quarter. Citigroup Inc. raised its stake in shares of National Beverage by 3.8% in the 1st quarter. Citigroup Inc. now owns 27,880 shares of the company’s stock valued at $1,213,000 after acquiring an additional 1,016 shares in the last quarter. Bank of Montreal Can raised its stake in shares of National Beverage by 14.8% in the 1st quarter. Bank of Montreal Can now owns 7,023 shares of the company’s stock valued at $314,000 after acquiring an additional 906 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of National Beverage in the 1st quarter valued at approximately $1,061,000. 23.40% of the stock is currently owned by institutional investors and hedge funds.

National Beverage Stock Down 2.3 %

Shares of NASDAQ FIZZ opened at $50.93 on Tuesday. The business’s 50 day moving average is $51.20 and its two-hundred day moving average is $48.55. The company has a market cap of $4.75 billion, a P/E ratio of 33.95 and a beta of 1.01. National Beverage Corp. has a 12 month low of $38.40 and a 12 month high of $57.65.

Analyst Ratings Changes

Separately, StockNews.com downgraded National Beverage from a “buy” rating to a “hold” rating in a research note on Friday, May 12th.

National Beverage Profile

(Get Rating)

National Beverage Corp. engages in the development, manufacture, market, and sale of flavored beverage products. Its brands include Big Shot, Clear Fruit, Crystal Bay, Everfresh, Everfresh Premier Varietals, Faygo, LaCroix, LaCroix Cúrate, Mr.Pure, Nicola, Ohana, Ritz, Rip It, Rip It 2oz Shot, Ritz and Shasta.