Semanteon Capital Management LP Has $1.02 Million Stock Holdings in National Beverage Corp. (NASDAQ:FIZZ)

Semanteon Capital Management LP lifted its stake in National Beverage Corp. (NASDAQ:FIZZ) by 41.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 21,741 shares of the company’s stock after purchasing an additional 6,406 shares during the quarter. Semanteon Capital Management LP’s holdings in National Beverage were worth $1,021,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of FIZZ. Canada Pension Plan Investment Board purchased a new stake in National Beverage during the second quarter valued at about $31,000. Quarry LP lifted its position in shares of National Beverage by 584.9% in the 2nd quarter. Quarry LP now owns 637 shares of the company’s stock valued at $33,000 after acquiring an additional 544 shares in the last quarter. Blue Trust Inc. boosted its stake in National Beverage by 323.0% in the 3rd quarter. Blue Trust Inc. now owns 643 shares of the company’s stock worth $33,000 after purchasing an additional 491 shares during the period. Quest Partners LLC purchased a new position in National Beverage during the 2nd quarter worth approximately $34,000. Finally, Headlands Technologies LLC raised its stake in National Beverage by 760.2% during the 2nd quarter. Headlands Technologies LLC now owns 843 shares of the company’s stock valued at $43,000 after purchasing an additional 745 shares during the period. Hedge funds and other institutional investors own 23.95% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, UBS Group lowered their price target on National Beverage from $46.00 to $45.00 and set a “sell” rating on the stock in a report on Tuesday, September 10th.

National Beverage Stock Performance

Shares of NASDAQ FIZZ traded up $0.38 during mid-day trading on Monday, reaching $45.72. The company had a trading volume of 3,015 shares, compared to its average volume of 171,505. The stock has a fifty day moving average of $45.56 and a two-hundred day moving average of $46.85. National Beverage Corp. has a 12-month low of $42.85 and a 12-month high of $53.58. The company has a market capitalization of $4.28 billion, a price-to-earnings ratio of 23.99 and a beta of 0.82.

National Beverage (NASDAQ:FIZZ) last issued its earnings results on Thursday, September 5th. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.01. National Beverage had a net margin of 15.36% and a return on equity of 39.91%. The company had revenue of $329.47 million during the quarter.

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.