Boston Beer (SAM) Shareholder Armistice Capital Has Cut Holding by $1.15 Million; Sanderson Farms (SAFM) Holding Has Upped by Hutchin Hill Capital Lp

April 23, 2018 - By Henry Gaston

Sanderson Farms, Inc. (NASDAQ:SAFM) Logo

Neil Chriss increased its stake in Sanderson Farms Inc (SAFM) by 854.35% based on its latest 2017Q4 regulatory filing with the SEC. Hutchin Hill Capital Lp bought 39,300 shares as the company’s stock declined 13.17% with the market. The hedge fund run by Neil Chriss held 43,900 shares of the consumer non-durables company at the end of 2017Q4, valued at $6.09 million, up from 4,600 at the end of the previous reported quarter. Hutchin Hill Capital Lp who had been investing in Sanderson Farms Inc for a number of months, seems to be bullish on the $2.59B market cap company. The stock decreased 0.29% or $0.33 during the last trading session, reaching $113.32. About 151,052 shares traded. Sanderson Farms, Inc. (NASDAQ:SAFM) has risen 19.74% since April 23, 2017 and is uptrending. It has outperformed by 8.19% the S&P500.

Armistice Capital Llc decreased its stake in Boston Beer Inc (SAM) by 8.57% based on its latest 2017Q4 regulatory filing with the SEC. Armistice Capital Llc sold 6,000 shares as the company’s stock declined 2.25% with the market. The institutional investor held 64,000 shares of the consumer non-durables company at the end of 2017Q4, valued at $12.23M, down from 70,000 at the end of the previous reported quarter. Armistice Capital Llc who had been investing in Boston Beer Inc for a number of months, seems to be less bullish one the $2.59B market cap company. The stock increased 0.07% or $0.15 during the last trading session, reaching $220.65. About 42,039 shares traded. The Boston Beer Company, Inc. (NYSE:SAM) has risen 25.34% since April 23, 2017 and is uptrending. It has outperformed by 13.79% the S&P500.

Armistice Capital Llc, which manages about $1.00B US Long portfolio, upped its stake in Bjs Restaurants Inc (NASDAQ:BJRI) by 84,000 shares to 384,000 shares, valued at $13.98 million in 2017Q4, according to the filing. It also increased its holding in Hanesbrands Inc (NYSE:HBI) by 976,000 shares in the quarter, for a total of 1.40M shares, and has risen its stake in United Therapeutics Corp Del (NASDAQ:UTHR).

Among 16 analysts covering Boston Beer Co (NYSE:SAM), 1 have Buy rating, 1 Sell and 14 Hold. Therefore 6% are positive. Boston Beer Co had 61 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of The Boston Beer Company, Inc. (NYSE:SAM) earned “Sell” rating by Cowen & Co on Wednesday, November 15. The firm earned “Market Perform” rating on Wednesday, April 4 by Cowen & Co. Susquehanna maintained The Boston Beer Company, Inc. (NYSE:SAM) rating on Thursday, July 27. Susquehanna has “Buy” rating and $20700 target. The stock has “Hold” rating by RBC Capital Markets on Friday, June 30. Jefferies maintained The Boston Beer Company, Inc. (NYSE:SAM) on Tuesday, September 5 with “Hold” rating. Jefferies downgraded it to “Hold” rating and $210 target in Friday, January 8 report. The company was maintained on Thursday, October 19 by Credit Suisse. As per Friday, August 4, the company rating was maintained by RBC Capital Markets. The firm earned “Sell” rating on Monday, July 24 by Goldman Sachs. Citigroup maintained it with “Neutral” rating and $181 target in Monday, October 30 report.

Investors sentiment decreased to 0.87 in Q4 2017. Its down 0.28, from 1.15 in 2017Q3. It fall, as 25 investors sold SAM shares while 90 reduced holdings. 44 funds opened positions while 56 raised stakes. 8.44 million shares or 3.57% less from 8.75 million shares in 2017Q3 were reported. Us Financial Bank De has 578 shares for 0% of their portfolio. State Street reported 322,329 shares or 0% of all its holdings. Btim Corporation holds 0.18% of its portfolio in The Boston Beer Company, Inc. (NYSE:SAM) for 65,497 shares. Hutchin Hill Capital LP reported 0.14% of its portfolio in The Boston Beer Company, Inc. (NYSE:SAM). Arrowstreet Partnership stated it has 0% in The Boston Beer Company, Inc. (NYSE:SAM). Loring Wolcott And Coolidge Fiduciary Advisors Limited Liability Partnership Ma, a Massachusetts-based fund reported 866 shares. Shaker Investments Limited Liability Oh stated it has 1,335 shares or 0.17% of all its holdings. Retirement Sys Of Alabama invested in 0.02% or 16,374 shares. Geode Cap Mngmt Ltd Liability Com holds 0.01% or 104,438 shares. The Ontario – Canada-based Manufacturers Life Insur The has invested 0% in The Boston Beer Company, Inc. (NYSE:SAM). New Amsterdam Partners Ltd Llc Ny reported 1.6% stake. Hanson Mcclain Inc invested 0.01% in The Boston Beer Company, Inc. (NYSE:SAM). Pnc Svcs has 6,466 shares. 1.02M were reported by Price T Rowe Associate Incorporated Md. Cookson Peirce And Co has invested 0.03% in The Boston Beer Company, Inc. (NYSE:SAM).

Since October 31, 2017, it had 0 insider purchases, and 24 insider sales for $30.14 million activity. HEATH TARA L. also sold $12,090 worth of The Boston Beer Company, Inc. (NYSE:SAM) shares. Shares for $17,569 were sold by Fisher Cheryl on Tuesday, January 2. 1,000 shares valued at $215,000 were sold by Grinnell David L. on Wednesday, April 11. Geist John C sold $1.53M worth of The Boston Beer Company, Inc. (NYSE:SAM) on Tuesday, January 2. POTTER JONATHAN N. sold $75,464 worth of The Boston Beer Company, Inc. (NYSE:SAM) on Tuesday, October 31. Burwick David A had sold 5,000 shares worth $950,050.

Analysts await The Boston Beer Company, Inc. (NYSE:SAM) to report earnings on April, 25 after the close. They expect $0.38 earnings per share, down 15.56% or $0.07 from last year’s $0.45 per share. SAM’s profit will be $4.46M for 145.16 P/E if the $0.38 EPS becomes a reality. After $0.84 actual earnings per share reported by The Boston Beer Company, Inc. for the previous quarter, Wall Street now forecasts -54.76% negative EPS growth.

Among 16 analysts covering Sanderson Farms Inc. (NASDAQ:SAFM), 5 have Buy rating, 4 Sell and 7 Hold. Therefore 31% are positive. Sanderson Farms Inc. had 43 analyst reports since August 26, 2015 according to SRatingsIntel. The rating was upgraded by Sidoti to “Buy” on Monday, December 12. Jefferies initiated the shares of SAFM in report on Wednesday, December 16 with “Underperform” rating. The firm earned “Neutral” rating on Friday, November 20 by Sidoti. BMO Capital Markets maintained it with “Hold” rating and $13000 target in Friday, August 11 report. Jefferies maintained it with “Sell” rating and $8500 target in Friday, June 9 report. The firm has “Hold” rating given on Thursday, February 22 by Stephens. The stock of Sanderson Farms, Inc. (NASDAQ:SAFM) has “Buy” rating given on Wednesday, February 28 by Vertical Group. On Monday, October 16 the stock rating was maintained by Mizuho with “Hold”. On Friday, May 27 the stock rating was downgraded by JP Morgan to “Neutral”. Mizuho downgraded Sanderson Farms, Inc. (NASDAQ:SAFM) on Monday, October 2 to “Neutral” rating.

Hutchin Hill Capital Lp, which manages about $6.73 billion and $358.54 million US Long portfolio, decreased its stake in Ishares Tr (IWM) by 4,169 shares to 14,700 shares, valued at $2.24 million in 2017Q4, according to the filing. It also reduced its holding in Zoetis Inc (NYSE:ZTS) by 38,200 shares in the quarter, leaving it with 5,100 shares, and cut its stake in Berry Global Group Inc (NYSE:BERY).

Investors sentiment increased to 1.04 in 2017 Q4. Its up 0.17, from 0.87 in 2017Q3. It increased, as 32 investors sold SAFM shares while 91 reduced holdings. 45 funds opened positions while 83 raised stakes. 23.31 million shares or 6.24% more from 21.94 million shares in 2017Q3 were reported. Hancock Hldg reported 0.6% stake. Schwab Charles Invest Management has invested 0.02% in Sanderson Farms, Inc. (NASDAQ:SAFM). Grantham Mayo Van Otterloo And Limited Liability owns 2,800 shares. Fmr Llc stated it has 31,512 shares. First Midwest Bankshares Division stated it has 0.12% in Sanderson Farms, Inc. (NASDAQ:SAFM). Morgan Stanley owns 97,538 shares or 0% of their US portfolio. First Trust Advisors Lp reported 45,447 shares. Td Asset Management stated it has 0% in Sanderson Farms, Inc. (NASDAQ:SAFM). Aqr Llc invested in 601,246 shares or 0.09% of the stock. Laurion Limited Partnership reported 0% stake. Glob X Mgmt Com Lc holds 0% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM) for 308 shares. Matarin Mngmt Llc reported 96,600 shares. Cambridge Investment Research Advsr Inc reported 11,707 shares or 0.02% of all its holdings. 359,669 are owned by Robeco Institutional Asset Mgmt Bv. State Common Retirement Fund accumulated 0.01% or 80,078 shares.

Since February 23, 2018, it had 0 buys, and 1 insider sale for $90,285 activity.

The Boston Beer Company, Inc. (NYSE:SAM) Institutional Positions Chart

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