Dimensional Fund Advisors LP Has $67.72 Million Stock Holdings in The Boston Beer Company, Inc. (NYSE:SAM)

Dimensional Fund Advisors LP boosted its holdings in shares of The Boston Beer Company, Inc. (NYSE:SAM - Free Report) by 9.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 225,762 shares of the company's stock after buying an additional 19,063 shares during the period. Dimensional Fund Advisors LP owned about 1.97% of Boston Beer worth $67,723,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of SAM. Fisher Asset Management LLC lifted its position in shares of Boston Beer by 27.1% during the 4th quarter. Fisher Asset Management LLC now owns 160,419 shares of the company's stock worth $48,122,000 after buying an additional 34,176 shares during the period. Norges Bank bought a new position in shares of Boston Beer during the fourth quarter valued at $30,741,000. Charles Schwab Investment Management Inc. boosted its stake in shares of Boston Beer by 5.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 94,356 shares of the company's stock valued at $28,305,000 after purchasing an additional 4,675 shares in the last quarter. Cooper Creek Partners Management LLC bought a new stake in shares of Boston Beer in the 4th quarter worth about $25,054,000. Finally, Global Alpha Capital Management Ltd. acquired a new stake in shares of Boston Beer during the 4th quarter worth about $23,349,000. Institutional investors own 81.13% of the company's stock.

Analyst Ratings Changes

Several research firms have recently weighed in on SAM. Berenberg Bank initiated coverage on shares of Boston Beer in a report on Wednesday, April 2nd. They set a "hold" rating and a $281.10 price objective for the company. StockNews.com upgraded Boston Beer from a "hold" rating to a "buy" rating in a research report on Friday, April 25th. Citigroup increased their target price on Boston Beer from $280.00 to $285.00 and gave the stock a "buy" rating in a report on Monday, April 14th. Needham & Company LLC reaffirmed a "hold" rating on shares of Boston Beer in a report on Friday, April 25th. Finally, Cfra Research raised shares of Boston Beer from a "moderate sell" rating to a "moderate buy" rating in a report on Thursday, April 24th. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $286.12.

Boston Beer Stock Performance

NYSE:SAM traded down $0.69 on Tuesday, hitting $241.64. 6,856 shares of the stock were exchanged, compared to its average volume of 170,356. The Boston Beer Company, Inc. has a 52 week low of $215.10 and a 52 week high of $339.77. The stock has a market capitalization of $2.69 billion, a price-to-earnings ratio of 35.64, a P/E/G ratio of 1.23 and a beta of 1.14. The company's 50-day moving average price is $238.17 and its 200 day moving average price is $267.06.

Boston Beer (NYSE:SAM - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported $2.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.78 by $1.38. Boston Beer had a net margin of 3.82% and a return on equity of 11.76%. The business had revenue of $481.36 million during the quarter, compared to the consensus estimate of $436.27 million. During the same period in the previous year, the firm posted $1.04 earnings per share. Boston Beer's revenue for the quarter was up 6.5% compared to the same quarter last year. As a group, equities research analysts predict that The Boston Beer Company, Inc. will post 9.29 earnings per share for the current year.

Boston Beer Company Profile

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.