Broadview Advisors LLC Has Lowered Its Holding in Boston Beer INC (SAM) by $3.39 Million as Stock Price Declined

Investors sentiment decreased to 0.9 in Q3 2018. Its down 0.10, from 1 in 2018Q2. It fall, 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. Mutual Of America Cap Management Limited Company holds 0.03% or 7,469 shares in its portfolio. Stratos Wealth Prtn holds 20 shares or 0% of its portfolio. Rk Asset Management Llc reported 46,318 shares. Profit Ltd Llc stated it has 2.42% in The Boston Beer Company, Inc. (NYSE:SAM). Great West Life Assurance Company Can owns 4,715 shares or 0% of their US portfolio. Campbell Communications Invest Adviser Ltd Liability Corporation has invested 0.21% in The Boston Beer Company, Inc. (NYSE:SAM). Cap Fund Mgmt has invested 0.05% in The Boston Beer Company, Inc. (NYSE:SAM). Creative Planning stated it has 965 shares. First Midwest Commercial Bank Division holds 0.15% or 3,758 shares in its portfolio. Janney Cap Management Ltd Liability Company holds 899 shares or 0% of its portfolio. Invesco Ltd holds 0.02% or 198,717 shares in its portfolio. Element Capital reported 780 shares or 0% of all its holdings. Meeder Asset Incorporated invested in 4,457 shares or 0.1% of the stock. Strs Ohio stated it has 0.01% of its portfolio in The Boston Beer Company, Inc. (NYSE:SAM). Dupont has invested 0.02% in The Boston Beer Company, Inc. (NYSE:SAM).

Since September 13, 2018, it had 0 insider purchases, and 16 selling transactions for $20.78 million activity. Another trade for 784 shares valued at $241,096 was made by Grinnell David L. on Tuesday, October 30. Another trade for 700 shares valued at $209,160 was made by Troupe Quincy B on Tuesday, October 30.

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 $2.79B market cap company. The stock decreased 0.60% or $1.48 during the last trading session, reaching $245.5. About 21,654 shares traded. The Boston Beer Company, Inc. (NYSE:SAM) has risen 41.85% since December 24, 2017 and is uptrending. It has outperformed by 41.85% the S&P500.

Broadview Advisors Llc, which manages about $1.12B and $586.66M US Long portfolio, upped its stake in Mednax Inc (NYSE:MD) by 109,300 shares to 144,025 shares, valued at $6.72M 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 EPS, up 110.71 % or $0.93 from last year’s $0.84 per share. SAM’s profit will be $20.12M for 34.68 P/E if the $1.77 EPS becomes a reality. After $3.21 actual EPS 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 Fool.com with their article: “Is Now the Time to Load Up on Sin Stocks? – The Motley Fool” published on October 16, 2018, Bizjournals.com published: “Bay Area bank makes key hire to debut venture lending – San Francisco Business Times” on December 21, 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 Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For December 13, 2018 – Benzinga” with publication date: December 13, 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 stock of The Boston Beer Company, Inc. (NYSE:SAM) has “Underperform” rating given on Wednesday, July 25 by Macquarie Research. Citigroup maintained The Boston Beer Company, Inc. (NYSE:SAM) on Tuesday, July 10 with “Neutral” rating. The stock has “Neutral” rating by Citigroup on Monday, October 29. The rating was maintained by BMO Capital Markets with “Market Perform” on Friday, July 27.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.