Illinois Municipal Retirement Fund Has $470,000 Stake in National Beverage Corp. (NASDAQ:FIZZ)

Illinois Municipal Retirement Fund decreased its holdings in shares of National Beverage Corp. (NASDAQ:FIZZ) by 12.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,306 shares of the company’s stock after selling 1,610 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in National Beverage were worth $470,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Diversified Trust Co acquired a new position in National Beverage during the first quarter worth $212,000. Golden State Wealth Management LLC boosted its holdings in National Beverage by 102.4% during the first quarter. Golden State Wealth Management LLC now owns 830 shares of the company’s stock worth $34,000 after purchasing an additional 420 shares during the last quarter. Exchange Traded Concepts LLC boosted its holdings in National Beverage by 12.1% during the first quarter. Exchange Traded Concepts LLC now owns 44,328 shares of the company’s stock worth $1,841,000 after purchasing an additional 4,769 shares during the last quarter. GAMMA Investing LLC boosted its holdings in National Beverage by 29.2% during the first quarter. GAMMA Investing LLC now owns 2,060 shares of the company’s stock worth $86,000 after purchasing an additional 466 shares during the last quarter. Finally, Parallel Advisors LLC boosted its holdings in National Beverage by 307.6% during the first quarter. Parallel Advisors LLC now owns 1,333 shares of the company’s stock worth $55,000 after purchasing an additional 1,006 shares during the last quarter. Institutional investors and hedge funds own 23.95% of the company’s stock.

National Beverage Trading Up 4.5%

Shares of FIZZ opened at $46.87 on Friday. National Beverage Corp. has a 12 month low of $38.25 and a 12 month high of $53.01. The firm has a fifty day simple moving average of $44.39 and a 200 day simple moving average of $42.82. The stock has a market capitalization of $4.39 billion, a price-to-earnings ratio of 23.43 and a beta of 0.81.

National Beverage (NASDAQ:FIZZ) last announced its earnings results on Wednesday, July 2nd. The company reported $0.48 EPS for the quarter, hitting the consensus estimate of $0.48. National Beverage had a net margin of 15.55% and a return on equity of 52.55%. The business had revenue of $313.63 million during the quarter, compared to analysts’ expectations of $303.26 million. During the same quarter in the prior year, the company posted $0.47 earnings per share.

Insider Buying and Selling

In other National Beverage news, Director Stanley Michael Sheridan sold 8,000 shares of the stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $43.40, for a total value of $347,200.00. Following the completion of the sale, the director owned 62,408 shares in the company, valued at $2,708,507.20. This trade represents a 11.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 74.80% of the stock is currently owned by corporate insiders.

About National Beverage

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.