Shaker Investments LLC OH acquired a new stake in Boston Beer Company, Inc. (The) (NYSE:SAM) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,335 shares of the company’s stock, valued at approximately $209,000.

Several other large investors also recently bought and sold shares of SAM. UBS Asset Management Americas Inc. lifted its stake in shares of Boston Beer Company, Inc. (The) by 5.7% during the 1st quarter. UBS Asset Management Americas Inc. now owns 3,493 shares of the company’s stock worth $505,000 after acquiring an additional 187 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Boston Beer Company, Inc. (The) by 1.5% during the 1st quarter. JPMorgan Chase & Co. now owns 20,494 shares of the company’s stock worth $2,964,000 after acquiring an additional 312 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Boston Beer Company, Inc. (The) by 2.1% during the 1st quarter. Principal Financial Group Inc. now owns 36,467 shares of the company’s stock worth $5,275,000 after acquiring an additional 758 shares during the last quarter. Teachers Advisors LLC lifted its stake in shares of Boston Beer Company, Inc. (The) by 15.9% during the 1st quarter. Teachers Advisors LLC now owns 16,437 shares of the company’s stock worth $2,378,000 after acquiring an additional 2,252 shares during the last quarter. Finally, Legal & General Group Plc lifted its stake in shares of Boston Beer Company, Inc. (The) by 26.8% during the 1st quarter. Legal & General Group Plc now owns 5,599 shares of the company’s stock worth $811,000 after acquiring an additional 1,185 shares during the last quarter. 71.35% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts recently issued reports on the company. Credit Suisse Group raised their price target on Boston Beer Company, Inc. (The) from $150.00 to $151.00 and gave the stock a “neutral” rating in a research note on Thursday, October 19th. Zacks Investment Research lowered Boston Beer Company, Inc. (The) from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 16th. Citigroup Inc. raised their price target on Boston Beer Company, Inc. (The) from $165.00 to $181.00 and gave the stock a “neutral” rating in a research note on Monday, October 30th. BidaskClub raised Boston Beer Company, Inc. (The) from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Finally, Macquarie assumed coverage on Boston Beer Company, Inc. (The) in a research note on Thursday, September 14th. They set an “underperform” rating and a $140.00 price target for the company. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $149.00.

Boston Beer Company, Inc. (SAM) traded down $1.20 on Friday, reaching $173.50. The company’s stock had a trading volume of 86,462 shares, compared to its average volume of 212,574. The stock has a market cap of $2,084.60, a P/E ratio of 23.67, a P/E/G ratio of 5.71 and a beta of 0.57. Boston Beer Company, Inc. has a one year low of $128.70 and a one year high of $181.20.

Boston Beer Company, Inc. (The) (NYSE:SAM) last released its quarterly earnings data on Thursday, October 26th. The company reported $2.78 EPS for the quarter, topping the consensus estimate of $1.99 by $0.79. The company had revenue of $247.04 million for the quarter, compared to the consensus estimate of $256.73 million. Boston Beer Company, Inc. (The) had a return on equity of 21.11% and a net margin of 9.97%. Boston Beer Company, Inc. (The)’s quarterly revenue was down 2.5% on a year-over-year basis. During the same period last year, the business posted $2.48 EPS. research analysts expect that Boston Beer Company, Inc. will post 6.08 EPS for the current fiscal year.

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In other news, insider Jonathan N. Potter sold 771 shares of Boston Beer Company, Inc. (The) stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $173.50, for a total value of $133,768.50. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 31.30% of the company’s stock.

Boston Beer Company, Inc. (The) Profile

The Boston Beer Company, Inc is a craft brewer in the United States. The Company is engaged in the business of producing and selling alcohol beverages primarily in the domestic market and in selected international markets. The Company operates through two segments: Boston Beer Company segment, and A&S Brewing Collaborative segment.

Institutional Ownership by Quarter for Boston Beer Company, Inc. (The) (NYSE:SAM)

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