1 week Ago By ABMN Staff
Bank of Montreal Can acquired a new stake in shares of BRC Inc. ( NYSE:BRCC – Free Report ) in the fourth quarter, HoldingsChannel reports. The fund acquired 30,310 shares of the company’s stock, valued at approximately $96,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Geode Capital Management LLC increased its holdings in shares of BRC by 4.0% in the 4th quarter.
Geode Capital Management LLC now owns 1,116,595 shares of the company’s stock worth $3,540,000 after acquiring an additional 42,957 shares during the period. State Street Corp increased its stake in shares of BRC by 3.2% in the third quarter.
State Street Corp now owns 955,717 shares of the company’s stock valued at $3,269,000 after purchasing an additional 29,596 shares during the period. American Century Companies Inc. raised its holdings in shares of BRC by 7.
9% during the fourth quarter. American Century Companies Inc. now owns 105,701 shares of the company’s stock valued at $335,000 after buying an additional 7,742 shares during the last quarter.
Barclays PLC boosted its position in shares of BRC by 325.9% during the third quarter. Barclays PLC now owns 74,967 shares of the company’s stock worth $257,000 after buying an additional 57,366 shares during the period.
Finally, Disciplined Investors L.L.C.
bought a new position in BRC in the 4th quarter worth approximately $92,000. Institutional investors and hedge funds own 16.29% of the company’s stock.
Analysts Set New Price Targets A number of research analysts have issued reports on BRCC shares. DA Davidson reiterated a “buy” rating and set a $3.00 price target on shares of BRC in a research report on Wednesday, March 19th.
Roth Mkm reaffirmed 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 target price on shares of BRC in a research report on Wednesday, March 5th. Finally, Telsey Advisory Group set a $4.
00 price target on shares of BRC in a research report on Wednesday, March 5th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $4.
60. BRC Trading Up 1.5 % Shares of BRCC stock opened at $2.
31 on Friday. The stock has a 50-day simple moving average of $2.19 and a 200 day simple moving average of $2.
72. The stock has a market capitalization of $491.06 million, a P/E ratio of -28.
81 and a beta of 1.16. BRC Inc.
has a fifty-two week low of $1.89 and a fifty-two week high of $7.14.
The company has a quick ratio of 0.58, a current ratio of 1.14 and a debt-to-equity ratio of 0.
92. BRC 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 Also Want to see what other hedge funds are holding BRCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BRC Inc.
( NYSE:BRCC – Free Report ). Receive News & Ratings for BRC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BRC and related companies with MarketBeat.com's FREE daily email newsletter .
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