Soroban Capital Partners LP Holds Holding in Anheuser Busch Inbev Sa/Nv (Call) (BUD); Steinberg Asset Management Has Boosted Stake in Servicemaster Global Hldgs I (SERV)

January 17, 2018 - By Vivian Park

Eric W. Mandelblatt increased its stake in Anheuser Busch Inbev Sa/Nv (Call) (BUD) by 3.57% based on its latest 2017Q3 regulatory filing with the SEC. Soroban Capital Partners Lp bought 750,000 shares as the company’s stock rose 8.45% with the market. The hedge fund run by Eric W. Mandelblatt held 21.75 million shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $2.59B, up from 21.00M at the end of the previous reported quarter. Soroban Capital Partners Lp who had been investing in Anheuser Busch Inbev Sa/Nv (Call) for a number of months, seems to be bullish on the $221.23B market cap company. The stock increased 0.15% or $0.17 during the last trading session, reaching $115.71. About 87,215 shares traded. Anheuser-Busch InBev SA/NV (NYSE:BUD) has declined 3.55% since January 17, 2017 and is downtrending. It has underperformed by 20.25% the S&P500.

Steinberg Asset Management Llc increased its stake in Servicemaster Global Hldgs I (SERV) by 9.97% based on its latest 2017Q3 regulatory filing with the SEC. Steinberg Asset Management Llc bought 13,205 shares as the company’s stock declined 4.48% while stock markets rallied. The hedge fund held 145,645 shares of the consumer services company at the end of 2017Q3, valued at $6.81 million, up from 132,440 at the end of the previous reported quarter. Steinberg Asset Management Llc who had been investing in Servicemaster Global Hldgs I for a number of months, seems to be bullish on the $7.14B market cap company. The stock decreased 0.21% or $0.11 during the last trading session, reaching $52.9. About 7,666 shares traded. ServiceMaster Global Holdings, Inc. (NYSE:SERV) has risen 0.99% since January 17, 2017 and is uptrending. It has underperformed by 15.71% the S&P500.

Investors sentiment increased to 1.27 in 2017 Q3. Its up 0.30, from 0.97 in 2017Q2. It increased, as 30 investors sold BUD shares while 138 reduced holdings. 63 funds opened positions while 151 raised stakes. 92.33 million shares or 3.04% more from 89.61 million shares in 2017Q2 were reported. Stratos Wealth Prns has invested 0.01% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Southeast Asset holds 4,260 shares or 0.16% of its portfolio. River Road Asset Management Limited Liability Corporation holds 1,990 shares. The Massachusetts-based Wellington Mgmt Group Inc Llp has invested 0.02% in Anheuser-Busch InBev SA/NV (NYSE:BUD). 110,730 are owned by Lawson Kroeker Invest Management Ne. Grantham Mayo Van Otterloo And Co Limited Liability Company has 0.16% invested in Anheuser-Busch InBev SA/NV (NYSE:BUD). Guardian Limited Partnership has invested 0.28% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD). Glenmede Tru Na holds 0.01% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD) for 18,537 shares. Fil invested 0.11% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD). Greenleaf holds 5,628 shares or 0.01% of its portfolio. First Advisors Lp reported 0.05% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Plante Moran Advsr Llc holds 0.02% in Anheuser-Busch InBev SA/NV (NYSE:BUD) or 305 shares. The New York-based Jpmorgan Chase & Company has invested 0.01% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Morgan Stanley invested in 4.19 million shares. Mirae Asset Global Invs Ltd has 0.09% invested in Anheuser-Busch InBev SA/NV (NYSE:BUD).

Soroban Capital Partners Lp, which manages about $10.82 billion and $26.50B US Long portfolio, decreased its stake in Walgreens Boots Alliance Inc by 5.48M shares to 8.02 million shares, valued at $619.67 million in 2017Q3, according to the filing. It also reduced its holding in Facebook Inc (Call) (NASDAQ:FB) by 907,400 shares in the quarter, leaving it with 1.59 million shares, and cut its stake in Facebook Inc (NASDAQ:FB).

Among 22 analysts covering Anheuser-Busch InBev (NYSE:BUD), 14 have Buy rating, 2 Sell and 6 Hold. Therefore 64% are positive. Anheuser-Busch InBev had 43 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Hold” rating by HSBC on Monday, November 14. The firm has “Underperform” rating by RBC Capital Markets given on Wednesday, July 6. As per Friday, November 13, the company rating was upgraded by Berenberg. Susquehanna maintained the shares of BUD in report on Thursday, July 27 with “Hold” rating. The rating was initiated by Liberum Capital on Monday, October 3 with “Buy”. As per Friday, May 5, the company rating was maintained by Susquehanna. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Monday, September 21 report. The firm has “Buy” rating given on Tuesday, September 13 by Jefferies. The firm has “Hold” rating given on Thursday, October 20 by Societe Generale. The rating was upgraded by Kepler Cheuvreux to “Buy” on Monday, August 22.

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