As Boston Beer INC (SAM) Valuation Rose, Broadview Advisors LLC Has Trimmed Position

Investors sentiment increased to 1 in 2018 Q2. Its up 0.02, from 0.98 in 2018Q1. It improved, 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. Alliancebernstein Limited Partnership, New York-based fund reported 25,649 shares. Smith Asset Mgmt Gru Ltd Partnership, Texas-based fund reported 13,433 shares. Schwab Charles Invest Mngmt reported 0.02% in The Boston Beer Company, Inc. (NYSE:SAM). Architects Inc accumulated 129 shares or 0.01% of the stock. 40,783 are owned by D E Shaw And. Retail Bank Of Montreal Can has 295 shares. Campbell Investment Adviser Limited Liability owns 994 shares or 0.23% of their US portfolio. Roberts Glore Il accumulated 1,170 shares. Jane Street Grp Inc Limited Company invested in 5,539 shares or 0% of the stock. Robeco Institutional Asset Management Bv holds 41,968 shares. Panagora Asset Mgmt Inc invested 0.18% in The Boston Beer Company, Inc. (NYSE:SAM). Confluence Inv Mngmt Llc holds 0.12% or 22,510 shares in its portfolio. Td Asset Mngmt reported 0% of its portfolio in The Boston Beer Company, Inc. (NYSE:SAM). Amg National Tru National Bank owns 5,636 shares. Bluemountain Cap Management Ltd Liability Co invested 0.01% of its portfolio in The Boston Beer Company, Inc. (NYSE:SAM).

Since September 13, 2018, it had 0 insider purchases, and 10 insider 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. Troupe Quincy B also sold $209,160 worth of The Boston Beer Company, Inc. (NYSE:SAM) 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 Fool.com with their article: “Will MillerCoors Kill Off This Favorite Hipster Beer? – The Motley Fool” published on November 27, 2018, Benzinga.com published: “Latest Trends In Alcohol: Panel Sees Rise In Hard Seltzer, Spirits (NBYSE:BUD)(NYSE:STZ)(NYSE:SAM) – Benzinga” on November 29, 2018. More interesting news about The Boston Beer Company, Inc. (NYSE:SAM) were released by: Nasdaq.com and their article: “Mid-Day Market Update: Dow Down 250 Points; Revlon Shares Jump On Upbeat Earnings – Nasdaq” published on November 09, 2018 as well as Seekingalpha.com‘s news article titled: “Boston Beer Co. Is Overbought – Seeking Alpha” with publication date: September 25, 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 “Neutral” rating on Monday, October 29 by Citigroup. Citigroup maintained the stock with “Neutral” rating in Tuesday, July 10 report. Macquarie Research downgraded the stock to “Underperform” rating in Wednesday, July 25 report. As per Friday, July 27, the company rating was maintained by BMO Capital Markets.

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

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