Craft Brew Alliance Inc (BREW) Holdings Boosted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its position in shares of Craft Brew Alliance Inc (NASDAQ:BREW) by 0.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,318,437 shares of the company’s stock after buying an additional 9,238 shares during the quarter. Dimensional Fund Advisors LP owned 6.80% of Craft Brew Alliance worth $21,556,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Rehmann Capital Advisory Group purchased a new position in Craft Brew Alliance in the 2nd quarter valued at approximately $208,000. Prudential Financial Inc. grew its stake in Craft Brew Alliance by 51.4% in the 3rd quarter. Prudential Financial Inc. now owns 14,965 shares of the company’s stock valued at $245,000 after buying an additional 5,080 shares in the last quarter. Trexquant Investment LP purchased a new position in Craft Brew Alliance in the 3rd quarter valued at approximately $259,000. Dynamic Technology Lab Private Ltd grew its stake in Craft Brew Alliance by 59.0% in the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 18,509 shares of the company’s stock valued at $382,000 after buying an additional 6,869 shares in the last quarter. Finally, Victory Capital Management Inc. purchased a new position in Craft Brew Alliance in the 3rd quarter valued at approximately $447,000. Institutional investors own 38.26% of the company’s stock.

BREW opened at $15.51 on Friday. The firm has a market cap of $291.89 million, a PE ratio of 110.79 and a beta of 0.38. The company has a quick ratio of 1.16, a current ratio of 1.63 and a debt-to-equity ratio of 0.07. Craft Brew Alliance Inc has a one year low of $13.64 and a one year high of $21.00.



Craft Brew Alliance (NASDAQ:BREW) last posted its quarterly earnings data on Wednesday, November 7th. The company reported $0.00 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.13). Craft Brew Alliance had a return on equity of 4.20% and a net margin of 5.86%. The company had revenue of $55.64 million for the quarter, compared to the consensus estimate of $57.93 million. During the same period in the prior year, the firm posted $0.09 earnings per share. The business’s revenue was down 7.3% on a year-over-year basis. Sell-side analysts forecast that Craft Brew Alliance Inc will post 0.26 EPS for the current fiscal year.

A number of research analysts recently weighed in on the stock. ValuEngine upgraded shares of Craft Brew Alliance from a “hold” rating to a “buy” rating in a research note on Friday, October 26th. Zacks Investment Research lowered shares of Craft Brew Alliance from a “hold” rating to a “sell” rating in a research report on Wednesday, November 14th. Citigroup set a $19.00 price target on shares of Craft Brew Alliance and gave the company a “hold” rating in a research report on Monday, November 12th. Finally, BidaskClub upgraded shares of Craft Brew Alliance from a “sell” rating to a “hold” rating in a research report on Saturday, January 5th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $20.00.

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Craft Brew Alliance Profile

Craft Brew Alliance, Inc brews and sells craft beers and ciders in the United States and internationally. It operates through two segments, Beer Related Operations and Brewpubs Operations. It offers beers under the Kona, Widmer Brothers, Redhook, and Omission brands; and ciders under the Square Mile brand name.

Further Reading: Net Asset Value

Institutional Ownership by Quarter for Craft Brew Alliance (NASDAQ:BREW)

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