1 week Ago By Defense World Staff
Bank of Montreal Can acquired a new position in shares of BRC Inc. (NYSE:BRCC – Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 30,310 shares of the company’s stock, valued at approximately $96,000.
Several other large investors have also made changes to their positions in BRCC. American Century Companies Inc. raised its position in BRC by 7.
9% in the fourth quarter. American Century Companies Inc. now owns 105,701 shares of the company’s stock valued at $335,000 after purchasing an additional 7,742 shares during the period.
Raymond James Financial Inc. purchased a new stake in shares of BRC during the 4th quarter valued at about $76,000. Barclays PLC lifted its position in BRC by 325.
9% during the 3rd quarter. Barclays PLC now owns 74,967 shares of the company’s stock worth $257,000 after acquiring an additional 57,366 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in BRC in the 4th quarter worth approximately $61,000.
Finally, State Street Corp boosted its holdings in BRC by 3.2% in the 3rd quarter. State Street Corp now owns 955,717 shares of the company’s stock worth $3,269,000 after acquiring an additional 29,596 shares during the period.
16.29% of the stock is owned by hedge funds and other institutional investors. BRC Stock PerformanceShares of BRCC stock opened at $2.
31 on Friday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.
58 and a current ratio of 1.14. The stock has a market capitalization of $491.
06 million, a price-to-earnings ratio of -28.81 and a beta of 1.16.
BRC Inc. has a one year low of $1.89 and a one year high of $7.
14. The company’s 50-day simple moving average is $2.19 and its 200-day simple moving average is $2.
72. Analysts Set New Price TargetsBRCC has been the topic of a number of recent research reports. Telsey Advisory Group set a $4.
00 target price on shares of BRC in a research report on Wednesday, March 5th. Roth Mkm reiterated a “neutral” rating and issued a $2.50 price objective (down previously from $3.
50) on shares of BRC in a report on Wednesday, March 5th. Roth Capital set a $2.50 price objective on shares of BRC in a research report on Wednesday, March 5th.
Finally, DA Davidson reaffirmed a “buy” rating and set a $3.00 target price on shares of BRC in a research report on Wednesday, March 19th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.
According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $4.60.
Check Out Our Latest Analysis on BRCCBRC Company Profile (Free Report)BRC Inc, through its subsidiaries, purchases, roasts, and sells coffee, coffee accessories, and branded apparel in the United States. The company also produces media content, as well as sells coffee brewing equipment, and outdoor and lifestyle gear. It supports active military, veterans, and first responders.
See AlsoFive stocks we like better than BRCHow to Short a Stock in 5 Easy Steps Markets Think Robinhood Earnings Could Send the Stock UpWhat Are the U.K. Market Holidays? How to Invest and TradeChurchill Downs Stock: Could Tariff Fears Dampen Derby Gains?Natural Gas Prices Continue To Rally, These Stocks Should BenefitAT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround.
