Craft Brew Alliance Inc (NASDAQ:BREW) Institutional Investors Sentiment Change

Sentiment for Craft Brew Alliance Inc (NASDAQ:BREW)

Craft Brew Alliance Inc (NASDAQ:BREW) institutional sentiment increased to 2.26 in Q2 2018. Its up 1.32, from 0.94 in 2018Q1. The ratio is more positive, as 43 funds opened new and increased positions, while 19 sold and reduced their holdings in Craft Brew Alliance Inc. The funds in our partner’s database now possess: 6.70 million shares, up from 6.55 million shares in 2018Q1. Also, the number of funds holding Craft Brew Alliance Inc in their top 10 positions decreased from 1 to 0 for a decrease of 1. Sold All: 2 Reduced: 17 Increased: 28 New Position: 15.

Craft Brew Alliance, Inc. brews and sells craft beers and ciders under the Kona, Widmer Brothers, Redhook, Omission, and Square Mile brand names in the United States. The company has market cap of $306.23 million. It operates in two divisions, Beer Related Operations and Brewpubs Operations. It has a 24.76 P/E ratio. The firm sells its beers directly to clients in draft, cans, and bottles at restaurants, bars, and liquor stores; and in cans and bottles at supermarkets, warehouse clubs, convenience stores, and drug stores, as well as directly to clients at its brewpubs and breweries.

The stock decreased 1.37% or $0.22 during the last trading session, reaching $15.8. About 82,968 shares traded. Craft Brew Alliance, Inc. (NASDAQ:BREW) has risen 5.52% since December 8, 2017 and is uptrending. It has underperformed by 10.10% the S&P500.

Analysts await Craft Brew Alliance, Inc. (NASDAQ:BREW) to report earnings on March, 6. They expect $0.02 earnings per share, down 60.00 % or $0.03 from last year’s $0.05 per share. BREW’s profit will be $387,635 for 197.50 P/E if the $0.02 EPS becomes a reality.

Cannell Capital Llc holds 3.35% of its portfolio in Craft Brew Alliance, Inc. for 602,148 shares. Marcato Capital Management Lp owns 407,009 shares or 1.26% of their US portfolio. Moreover, Perkins Capital Management Inc has 0.96% invested in the company for 64,600 shares. The Connecticut-based Manatuck Hill Partners Llc has invested 0.6% in the stock. Quantum Capital Management, a California-based fund reported 59,286 shares.

More notable recent Craft Brew Alliance, Inc. (NASDAQ:BREW) news were published by: Nasdaq.com which released: “Hipsters Can Rejoice After Pabst, MillerCoors Settle Lawsuit – Nasdaq” on December 05, 2018, also Investorplace.com with their article: “7 Recession-Proof Stocks to Buy for When the Boom Ends – Investorplace.com” published on December 05, 2018, Seekingalpha.com published: “Craft Brew Alliance Looks Too Cheap Here – Seeking Alpha” on November 30, 2018. More interesting news about Craft Brew Alliance, Inc. (NASDAQ:BREW) were released by: Fool.com and their article: “Is Craft Brew Alliance the Craft Brewer to Watch? – The Motley Fool” published on August 20, 2018 as well as Benzinga.com‘s news article titled: “Craft Brew Alliance, Inc. (NASDAQ:BREW) – Craft Brew Alliance Q3 Earnings Preview – Benzinga” with publication date: November 07, 2018.

Craft Brew Alliance, Inc. (NASDAQ:BREW) Institutional Positions Chart

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