Boston Beer Co (NYSE:SAM) Moves On Macquarie Research Initiating Coverage of Shares

September 17, 2017 - By Marry Poplack

 Boston Beer Co (NYSE:SAM) Moves On Macquarie Research Initiating Coverage of Shares

Investors sentiment decreased to 1.03 in 2016 Q4. Its down 0.33, from 1.36 in 2016Q3. It dived, as 22 investors sold Boston Beer Company Inc shares while 67 reduced holdings. 40 funds opened positions while 52 raised stakes. 8.73 million shares or 5.67% more from 8.26 million shares in 2016Q3 were reported.

Blackrock Ltd holds 0% of its portfolio in Boston Beer Company Inc (NYSE:SAM) for 17,723 shares. 171 were accumulated by Bancorp Of Montreal Can. Fincl Bank Of New York Mellon stated it has 0.02% of its portfolio in Boston Beer Company Inc (NYSE:SAM). Creative Planning invested in 911 shares. Da Davidson & Co invested in 0% or 591 shares. Metropolitan Life Ins accumulated 0.02% or 14,445 shares. Manikay Llc owns 210,000 shares. Kornitzer Mgmt Inc Ks invested in 0.06% or 18,470 shares. Blackrock has invested 0% of its portfolio in Boston Beer Company Inc (NYSE:SAM). Moreover, Jacobs Levy Equity Management has 0.02% invested in Boston Beer Company Inc (NYSE:SAM). Asset Mgmt Inc invested 0% in Boston Beer Company Inc (NYSE:SAM). Parametrica Ltd, a Hong Kong-based fund reported 1,203 shares. Jpmorgan Chase Company has invested 0% in Boston Beer Company Inc (NYSE:SAM). Bartlett & Company Limited Company reported 33 shares. Envestnet Asset Mngmt owns 2,461 shares for 0% of their portfolio.

Since April 10, 2017, it had 0 insider buys, and 4 selling transactions for $2.89 million activity. KOCH C JAMES sold 7,500 shares worth $1.06M. Burwick David A had sold 5,000 shares worth $719,986 on Wednesday, May 24.

How Macquarie Research Currently Rates Boston Beer Co (NYSE:SAM)

In analysts note revealed to clients and investors today, Macquarie Research analysts has started Boston Beer Co (NYSE:SAM) coverage with Underperform rating.

Investors sentiment decreased to 1.03 in 2016 Q4. Its down 0.33, from 1.36 in 2016Q3. It dived, as 22 investors sold Boston Beer Company Inc shares while 67 reduced holdings. 40 funds opened positions while 52 raised stakes. 8.73 million shares or 5.67% more from 8.26 million shares in 2016Q3 were reported.

Blackrock Ltd holds 0% of its portfolio in Boston Beer Company Inc (NYSE:SAM) for 17,723 shares. 171 were accumulated by Bancorp Of Montreal Can. Fincl Bank Of New York Mellon stated it has 0.02% of its portfolio in Boston Beer Company Inc (NYSE:SAM). Creative Planning invested in 911 shares. Da Davidson & Co invested in 0% or 591 shares. Metropolitan Life Ins accumulated 0.02% or 14,445 shares. Manikay Llc owns 210,000 shares. Kornitzer Mgmt Inc Ks invested in 0.06% or 18,470 shares. Blackrock has invested 0% of its portfolio in Boston Beer Company Inc (NYSE:SAM). Moreover, Jacobs Levy Equity Management has 0.02% invested in Boston Beer Company Inc (NYSE:SAM). Asset Mgmt Inc invested 0% in Boston Beer Company Inc (NYSE:SAM). Parametrica Ltd, a Hong Kong-based fund reported 1,203 shares. Jpmorgan Chase Company has invested 0% in Boston Beer Company Inc (NYSE:SAM). Bartlett & Company Limited Company reported 33 shares. Envestnet Asset Mngmt owns 2,461 shares for 0% of their portfolio.

Since April 10, 2017, it had 0 insider buys, and 4 selling transactions for $2.89 million activity. KOCH C JAMES sold 7,500 shares worth $1.06M. Burwick David A had sold 5,000 shares worth $719,986 on Wednesday, May 24.

Boston Beer Company Inc (NYSE:SAM) Ratings Coverage

Among 14 analysts covering Boston Beer Co (NYSE:SAM), 2 have Buy rating, 6 Sell and 6 Hold. Therefore 14% are positive. Boston Beer Co has $295 highest and $126.0 lowest target. $156.63’s average target is 2.91% above currents $152.2 stock price. Boston Beer Co had 40 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Monday, April 25 by Citigroup. Cowen & Co maintained it with “Sell” rating and $126.0 target in Tuesday, August 22 report. The company was maintained on Friday, April 28 by Jefferies. The firm has “Underperform” rating by Credit Suisse given on Friday, September 16. Jefferies maintained the shares of SAM in report on Tuesday, September 5 with “Hold” rating. The firm has “Hold” rating by Jefferies given on Thursday, July 27. RBC Capital Markets maintained Boston Beer Company Inc (NYSE:SAM) on Friday, May 26 with “Hold” rating. The firm earned “Hold” rating on Thursday, May 19 by Berenberg. Jefferies maintained the shares of SAM in report on Wednesday, April 19 with “Hold” rating. The stock of Boston Beer Company Inc (NYSE:SAM) has “Sell” rating given on Friday, October 14 by Berenberg.

The stock decreased 0.81% or $1.25 on September 15, reaching $152.2. About 234,055 shares traded or 77.37% up from the average. Boston Beer Company Inc (NYSE:SAM) has declined 3.11% since September 17, 2016 and is downtrending. It has underperformed by 19.81% the S&P500.

Analysts expect Boston Beer Company Inc (NYSE:SAM) to report $1.84 EPS on October, 19.They anticipate $0.64 EPS change or 25.81 % from last quarter’s $2.48 EPS. SAM’s profit would be $22.12 million giving it 20.68 P/E if the $1.84 EPS is correct. After having $2.35 EPS previously, Boston Beer Company Inc’s analysts see -21.70 % EPS growth.

The Boston Beer Company, Inc. is a craft brewer in the United States. The company has market cap of $1.83 billion. The Firm is engaged in the business of producing and selling alcohol beverages primarily in the domestic market and in selected international markets. It has a 21.65 P/E ratio. The Firm operates through two divisions: Boston Beer Company segment, and A&S Brewing Collaborative segment.

More recent Boston Beer Company Inc (NYSE:SAM) news were published by: Fool.com which released: “Why Boston Beer Company Inc. Stock Skyrocketed Today” on July 28, 2017. Also Fool.com published the news titled: “Why Boston Beer Company Inc Popped 19% in July” on August 02, 2017. Nasdaq.com‘s news article titled: “Want Share of Boon in Alcohol Stocks? Buy Boston Beer (SAM)” with publication date: September 14, 2017 was also an interesting one.

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