Cuts Anheuser Busch Inbev (BUD) Price Target to $98.72

Cuts Anheuser Busch Inbev (BUD) Price Target to $98.72

(BUD) by 11.24% based on its latest 2017Q3 regulatory filing with the SEC. Ack Asset Management Llc bought 15,000 shares as the company's stock declined 8.88% while stock markets rallied. The company reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.06. The stock decreased 2.67% or $0.08 during the last trading session, reaching $2.92. About 359,933 shares traded. Occidental Petroleum Corporation (NYSE:OXY) has declined 18.97% since February 26, 2017 and is downtrending. It has underperformed by 9.62% the S&P500.

Stephens Inc increased its stake in Apple Inc (AAPL) by 2.46% based on its latest 2017Q3 regulatory filing with the SEC. Soroban Capital Partners Lp sold 7.78 million shares as the company's stock rose 8.45% with the market. The hedge fund held 524,958 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $62.63 million, up from 484,999 at the end of the previous reported quarter. Alps Advisors Inc who had been investing in Occidental Petroleum Corp for a number of months, seems to be less bullish one the $52.25B market cap company. The stock increased 0.11% or $0.06 during the last trading session, reaching $55.42. About 484,337 shares traded.

Anheuser Busch Inbev (NYSE:BUD) had its price objective decreased by JPMorgan Chase & Co. from $106.68 to $98.72 in a research report released on Thursday, February 15th. It has underperformed by 16.70% the S&P500.

Btg Pactual Global Asset Management Ltd, which manages about $313.47 million US Long portfolio, decreased its stake in Kraft Heinz Co by 41,473 shares to 176,892 shares, valued at $13.72M in 2017Q3, according to the filing. Citigroup Inc. reiterated a buy rating on shares of Anheuser Busch Inbev SA in a research note on Monday, September 26th. Therefore 76% are positive. Anheuser Busch Inbev NV has a twelve month low of $101.21 and a twelve month high of $126.50. The firm has "Neutral" rating given on Wednesday, January 11 by UBS. The rating was upgraded by Credit Agricole to "Outperform" on Monday, November 2. The company was maintained on Friday, May 5 by Susquehanna. Twin Tree Mgmt Limited Partnership holds 51,689 shares. The firm earned "Buy" rating on Tuesday, September 19 by Jefferies. Bollard Group Incorporated Ltd Company invested in 117 shares or 0% of the stock. Jefferies Group set a $134.00 target price on Anheuser Busch Inbev and gave the company a "buy" rating in a report on Thursday, January 11th.

Investors sentiment increased to 1.27 in 2017 Q3. Its up 0.15, from 1.63 in 2017Q2.


Several other hedge funds and other institutional investors have also recently modified their holdings of BUD. 116 funds opened positions while 640 raised stakes. Finally, Acropolis Investment Management LLC acquired a new position in Anheuser Busch Inbev in the 4th quarter worth $167,000. Cook And Bynum Capital Mgmt Limited Liability Corp holds 12.28% or 160,337 shares in its portfolio. Moreover, Wells Fargo Mn has 0.08% invested in Anheuser-Busch InBev SA/NV (NYSE:BUD) for 2.14M shares. Laurion Capital Mgmt Lp owns 0.03% invested in Anheuser-Busch InBev SA/NV (NYSE:BUD) for 49,721 shares. Freestone Cap Llc stated it has 8,339 shares or 0.07% of all its holdings. Clarkston Cap Prtnrs Ltd has invested 1.03% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD). 2,716 were accumulated by Indexiq Advsr Ltd. Lpl Financial Limited Company has invested 0.02% in Occidental Petroleum Corporation (NYSE:OXY). Shares for $504,664 were sold by Torres Kathryn A. Shares for $2.24 million were sold by Sowell Joseph A III. 573,044 are owned by Davenport & Co Limited Com. M&R Capital holds 0.01% or 200 shares. The Cramer Rosenthal Mcglynn Llc holds 171,207 shares with $20.43M value, up from 160,842 last quarter. Zions Bancorporation raised its holdings in shares of Anheuser Busch Inbev by 800.0% during the 3rd quarter. Hoplite Cap Lp has 700,230 shares.

Since August 25, 2017, it had 4 insider purchases, and 0 selling transactions for $8.22 million activity.

Rdl Fincl invested 0.73% in Apple Inc. Its up 0.02, from 0.68 in 2017Q2. 6 funds opened positions while 10 raised stakes. (NASDAQ:AAPL). Moreover, Financial Advisory Incorporated has 1.1% invested in Apple Inc. Patriot Wealth Management Inc holds 1.03% or 53,200 shares in its portfolio. The company has market cap of $207.97 billion. (NASDAQ:AAPL) for 366,298 shares. Mufg Americas has 0% invested in HCA Healthcare, Inc. (NASDAQ:AAPL) for 3.88 million shares. Greenleaf Tru owns 5,628 shares. 49,570 are held by Caprock Group Inc. (NASDAQ:AAPL) for 38,548 shares. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.71 and a current ratio of 0.82. (NASDAQ:PDCO) or 187 shares.

Analysts await Weatherford International plc (NYSE:WFT) to report earnings on April, 27. (NASDAQ:FARO) on Friday, February 23 with "Buy" rating. They expect $1.10 EPS, up 155.81% or $0.67 from last year's $0.43 per share. BUD's profit will be $2.14B for 24.61 P/E if the $1.10 EPS becomes a reality. After $3.89 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -30.08% negative EPS growth. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. Therefore 37% are positive. Patterson Companies Inc. had 35 analyst reports since August 28, 2015 according to SRatingsIntel. Bank of America downgraded it to "Neutral" rating and $115 target in Thursday, March 2 report. On Thursday, July 13 the stock rating was maintained by BMO Capital Markets with "Buy". On Wednesday, December 20 the stock rating was maintained by Jefferies with "Hold". The firm earned "Buy" rating on Monday, August 22 by Kepler Cheuvreux. The stock of HCA Healthcare, Inc. The rating was maintained by RBC Capital Markets on Friday, January 29 with "Outperform". The stock has "Market Perform" rating by William Blair on Friday, August 28. (NASDAQ:AAPL) rating on Friday, November 3.

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