2 weeks Ago By ABMN Staff
JPMorgan Chase & Co. reduced its stake in shares of The Boston Beer Company, Inc. ( NYSE:SAM – Free Report ) by 38.
4% in the fourth quarter, Holdings Channel reports. The fund owned 22,987 shares of the company’s stock after selling 14,309 shares during the quarter. JPMorgan Chase & Co.
’s holdings in Boston Beer were worth $6,896,000 as of its most recent filing with the Securities & Exchange Commission. Several other large investors also recently modified their holdings of SAM. Blue Trust Inc.
grew its holdings in Boston Beer by 405.6% during the fourth quarter. Blue Trust Inc.
now owns 91 shares of the company’s stock valued at $26,000 after purchasing an additional 73 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Boston Beer by 2,225.0% during the 4th quarter.
EverSource Wealth Advisors LLC now owns 93 shares of the company’s stock worth $28,000 after acquiring an additional 89 shares during the period. GAMMA Investing LLC increased its holdings in Boston Beer by 59.3% in the 4th quarter.
GAMMA Investing LLC now owns 129 shares of the company’s stock worth $39,000 after acquiring an additional 48 shares during the last quarter. First Horizon Advisors Inc. raised its stake in Boston Beer by 42.
1% in the 4th quarter. First Horizon Advisors Inc. now owns 172 shares of the company’s stock valued at $52,000 after acquiring an additional 51 shares during the period.
Finally, US Bancorp DE lifted its holdings in Boston Beer by 67.9% during the fourth quarter. US Bancorp DE now owns 272 shares of the company’s stock valued at $82,000 after purchasing an additional 110 shares during the last quarter.
Hedge funds and other institutional investors own 81.13% of the company’s stock. Boston Beer Stock Down 1.
5 % Boston Beer stock opened at $239.24 on Thursday. The stock has a market cap of $2.
69 billion, a price-to-earnings ratio of 35.18, a PEG ratio of 1.23 and a beta of 1.
26. The business has a 50-day simple moving average of $235.25 and a 200 day simple moving average of $270.
75. The Boston Beer Company, Inc. has a 52 week low of $215.
10 and a 52 week high of $339.77. Analysts Set New Price Targets Check Out Our Latest Research Report on Boston Beer Boston Beer Profile ( Free Report ) The Boston Beer Company, Inc produces and sells alcohol beverages primarily in the United States.
The company's flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, flavored malt beverages, and hard seltzers under the Samuel Adams, Twisted Tea, Truly, Angry Orchard, Dogfish Head, Angel City, and Coney Island brand names. See Also Want to see what other hedge funds are holding SAM? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for The Boston Beer Company, Inc. ( NYSE:SAM – Free Report ). Receive News & Ratings for Boston Beer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boston Beer and related companies with MarketBeat.
com's FREE daily email newsletter ..
