Boston Beer INC (SAM) Stock Price Declined While Broadview Advisors LLC Has Trimmed by $3.39 Million Its Holding

Investors sentiment decreased to 0.9 in Q3 2018. Its down 0.10, from 1 in 2018Q2. It turned negative, as 20 investors sold SAM shares while 80 reduced holdings. 32 funds opened positions while 58 raised stakes. 8.31 million shares or 0.07% more from 8.31 million shares in 2018Q2 were reported. Mason Street Advsrs Ltd Liability Com owns 4,435 shares. The New Mexico-based New Mexico Educational Retirement Board has invested 0.02% in The Boston Beer Company, Inc. (NYSE:SAM). Citadel Advisors Limited Co accumulated 7,275 shares. Td Asset holds 0.01% or 12,696 shares. Adams Diversified Equity Fund Inc stated it has 1,900 shares or 0.03% of all its holdings. Parametric Assocs Limited Company accumulated 22,518 shares or 0.01% of the stock. Schwab Charles Management Inc stated it has 0.01% in The Boston Beer Company, Inc. (NYSE:SAM). Moreover, Citigroup has 0% invested in The Boston Beer Company, Inc. (NYSE:SAM) for 7,521 shares. Public Employees Retirement Association Of Colorado reported 1,617 shares stake. Franklin Resources, a California-based fund reported 11,146 shares. The New York-based Metropolitan Life Commerce Ny has invested 0.02% in The Boston Beer Company, Inc. (NYSE:SAM). Robeco Institutional Asset Mngmt Bv holds 0.05% or 43,611 shares in its portfolio. Tower Research Ltd Llc (Trc), a New York-based fund reported 1,061 shares. Btim reported 54,949 shares. Ubs Asset Americas invested 0% in The Boston Beer Company, Inc. (NYSE:SAM).

Since September 13, 2018, it had 0 buys, and 16 insider sales for $20.78 million activity. On Tuesday, October 30 the insider Troupe Quincy B sold $209,160. On Tuesday, October 30 the insider Grinnell David L. sold $241,096.

Broadview Advisors Llc decreased its stake in Boston Beer Inc (SAM) by 25.31% based on its latest 2018Q3 regulatory filing with the SEC. Broadview Advisors Llc sold 11,800 shares as the company’s stock declined 14.11% with the market. The institutional investor held 34,825 shares of the consumer non-durables company at the end of 2018Q3, valued at $10.01M, down from 46,625 at the end of the previous reported quarter. Broadview Advisors Llc who had been investing in Boston Beer Inc for a number of months, seems to be less bullish one the $2.72 billion market cap company. The stock decreased 4.03% or $10.05 during the last trading session, reaching $239.21. About 35,626 shares traded. The Boston Beer Company, Inc. (NYSE:SAM) has risen 41.85% since December 27, 2017 and is uptrending. It has outperformed by 41.85% the S&P500.

Broadview Advisors Llc, which manages about $1.12 billion and $586.66 million US Long portfolio, upped its stake in Crane Co (NYSE:CR) by 37,600 shares to 127,725 shares, valued at $12.56M in 2018Q3, according to the filing.

Analysts await The Boston Beer Company, Inc. (NYSE:SAM) to report earnings on February, 20. They expect $1.77 earnings per share, up 110.71 % or $0.93 from last year’s $0.84 per share. SAM’s profit will be $20.12M for 33.79 P/E if the $1.77 EPS becomes a reality. After $3.21 actual earnings per share reported by The Boston Beer Company, Inc. for the previous quarter, Wall Street now forecasts -44.86 % negative EPS growth.

More notable recent The Boston Beer Company, Inc. (NYSE:SAM) news were published by: Benzinga.com which released: “Latest Trends In Alcohol: Panel Sees Rise In Hard Seltzer, Spirits (NBYSE:BUD)(NYSE:STZ)(NYSE:SAM) – Benzinga” on November 29, 2018, also Fool.com with their article: “Is Now the Time to Load Up on Sin Stocks? – The Motley Fool” published on October 16, 2018, Fool.com published: “Why Boston Beer Stock Dropped 10.7% in November – The Motley Fool” on December 11, 2018. More interesting news about The Boston Beer Company, Inc. (NYSE:SAM) were released by: Fool.com and their article: “Why The Boston Beer Company’s Stock Is Down 12% Today – The Motley Fool” published on July 27, 2018 as well as Seekingalpha.com‘s news article titled: “BJ’s Share Price To Drop As 61 Mn Shares Flood The Market – Seeking Alpha” with publication date: December 24, 2018.

The Boston Beer Company, Inc. (NYSE:SAM) Ratings Coverage

Among 5 analysts covering Boston Beer Co (NYSE:SAM), 1 have Buy rating, 2 Sell and 2 Hold. Therefore 20% are positive. Boston Beer Co had 6 analyst reports since July 10, 2018 according to SRatingsIntel. The rating was downgraded by Macquarie Research to “Underperform” on Wednesday, July 25. Citigroup maintained The Boston Beer Company, Inc. (NYSE:SAM) on Tuesday, July 10 with “Neutral” rating. BMO Capital Markets maintained The Boston Beer Company, Inc. (NYSE:SAM) rating on Friday, July 27. BMO Capital Markets has “Market Perform” rating and $260 target. As per Monday, October 29, the company rating was maintained by Citigroup.

The Boston Beer Company, Inc. (NYSE:SAM) Institutional Positions Chart

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