Broadview Advisors LLC Has Cut Position in Boston Beer INC (SAM) by $4.31 Million as Shares Rose

Investors sentiment increased to 1 in 2018 Q2. Its up 0.02, from 0.98 in 2018Q1. It is positive, as 32 investors sold SAM shares while 75 reduced holdings. 48 funds opened positions while 59 raised stakes. 8.31 million shares or 1.51% less from 8.43 million shares in 2018Q1 were reported. Price T Rowe Assoc Md reported 1.03M shares or 0.05% of all its holdings. Broadview Advsrs Llc has invested 2.23% of its portfolio in The Boston Beer Company, Inc. (NYSE:SAM). Huntington National Bank holds 640 shares or 0% of its portfolio. American Century Inc holds 6,682 shares. Amg Natl Bankshares stated it has 0.11% in The Boston Beer Company, Inc. (NYSE:SAM). Jane Street Limited Company invested in 0% or 5,539 shares. Northern Trust Corp has 0.01% invested in The Boston Beer Company, Inc. (NYSE:SAM). Proshare Advsr Lc reported 1,850 shares or 0% of all its holdings. 1,999 were accumulated by Old Natl Bankshares In. Campbell & Adviser Ltd Liability accumulated 0.23% or 994 shares. Tru Com Of Vermont holds 0.05% of its portfolio in The Boston Beer Company, Inc. (NYSE:SAM) for 1,800 shares. Parametric Port Associates Ltd Llc holds 0.01% or 27,966 shares in its portfolio. Hussman Strategic Advsr invested 0.03% of its portfolio in The Boston Beer Company, Inc. (NYSE:SAM). Blackrock owns 942,356 shares or 0.01% of their US portfolio. Art Advisors Ltd Liability Company owns 0.12% invested in The Boston Beer Company, Inc. (NYSE:SAM) for 10,000 shares.

Since September 13, 2018, it had 0 buys, and 10 sales for $17.03 million activity. $241,096 worth of The Boston Beer Company, Inc. (NYSE:SAM) was sold by Grinnell David L. on Tuesday, October 30. On Tuesday, October 30 Troupe Quincy B sold $209,160 worth of The Boston Beer Company, Inc. (NYSE:SAM) or 700 shares.

Broadview Advisors Llc decreased its stake in Boston Beer Inc (SAM) by 23.6% based on its latest 2018Q2 regulatory filing with the SEC. Broadview Advisors Llc sold 14,400 shares as the company’s stock rose 15.60% with the market. The institutional investor held 46,625 shares of the consumer non-durables company at the end of 2018Q2, valued at $13.97M, down from 61,025 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 $3.07B market cap company. The stock decreased 1.16% or $3.17 during the last trading session, reaching $270.19. About 1,530 shares traded. The Boston Beer Company, Inc. (NYSE:SAM) has risen 109.33% since December 6, 2017 and is uptrending. It has outperformed by 93.71% the S&P500.

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 38.16 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: Fool.com which released: “An Investor Walks Into a Regional Craft Beer Factory – The Motley Fool” on December 01, 2018, also Nasdaq.com with their article: “Mid-Day Market Update: Dow Down 250 Points; Revlon Shares Jump On Upbeat Earnings – Nasdaq” published on November 09, 2018, Fool.com published: “How Cider, Mead, and Marijuana Are Changing the Craft Beer Industry – Motley Fool” on November 08, 2018. More interesting news about The Boston Beer Company, Inc. (NYSE:SAM) were released by: Benzinga.com and their article: “Latest Trends In Alcohol: Panel Sees Rise In Hard Seltzer, Spirits (NBYSE:BUD)(NYSE:STZ)(NYSE:SAM) – Benzinga” published on November 29, 2018 as well as Bizjournals.com‘s news article titled: “Exclusive: Houston energy engineering co. in talks to lease Energy Center Five – Houston Business Journal” with publication date: December 05, 2018.

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

Among 4 analysts covering Boston Beer Co (NYSE:SAM), 1 have Buy rating, 1 Sell and 2 Hold. Therefore 25% are positive. Boston Beer Co had 5 analyst reports since July 10, 2018 according to SRatingsIntel. The firm earned “Market Perform” rating on Friday, July 27 by BMO Capital Markets. Macquarie Research downgraded the stock to “Underperform” rating in Wednesday, July 25 report. The firm has “Neutral” rating by Citigroup given on Tuesday, July 10. The stock of The Boston Beer Company, Inc. (NYSE:SAM) earned “Neutral” rating by Citigroup on Monday, October 29.

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

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