As Anheuser Busch Inbev Sa/Nv (BUD) Shares Declined, Viking Global Investors LP Lifted by $142.86 Million Its Stake; As Home Depot (HD) Market Value Declined, Holder Campbell Newman Asset Management Has Decreased Position

April 24, 2018 - By Henry Gaston

The Home Depot, Inc. (NYSE:HD) Logo

Andreas Halvorsen increased its stake in Anheuser Busch Inbev Sa/Nv (BUD) by 82.02% based on its latest 2017Q4 regulatory filing with the SEC. Viking Global Investors Lp bought 1.29M shares as the company’s stock declined 3.67% with the market. The hedge fund run by Andreas Halvorsen held 2.86 million shares of the beverages (production and distribution) company at the end of 2017Q4, valued at $318.64M, up from 1.57M at the end of the previous reported quarter. Viking Global Investors Lp who had been investing in Anheuser Busch Inbev Sa/Nv for a number of months, seems to be bullish on the $201.67 billion market cap company. The stock decreased 0.34% or $0.345 during the last trading session, reaching $102.725. About 909,924 shares traded. Anheuser-Busch InBev SA/NV (NYSE:BUD) has declined 3.50% since April 24, 2017 and is downtrending. It has underperformed by 15.05% the S&P500.

Campbell Newman Asset Management Inc decreased its stake in Home Depot Inc. (HD) by 3.88% based on its latest 2017Q4 regulatory filing with the SEC. Campbell Newman Asset Management Inc sold 2,597 shares as the company’s stock declined 7.15% with the market. The institutional investor held 64,399 shares of the consumer services company at the end of 2017Q4, valued at $12.21M, down from 66,996 at the end of the previous reported quarter. Campbell Newman Asset Management Inc who had been investing in Home Depot Inc. for a number of months, seems to be less bullish one the $204.31 billion market cap company. The stock decreased 0.24% or $0.42 during the last trading session, reaching $177.24. About 2.16 million shares traded. The Home Depot, Inc. (NYSE:HD) has risen 18.94% since April 24, 2017 and is uptrending. It has outperformed by 7.39% the S&P500.

Investors sentiment decreased to 0.93 in 2017 Q4. Its down 0.21, from 1.14 in 2017Q3. It dropped, as 51 investors sold HD shares while 662 reduced holdings. 164 funds opened positions while 501 raised stakes. 788.59 million shares or 0.96% less from 796.24 million shares in 2017Q3 were reported. Mgmt Of Virginia holds 9,653 shares. Waters Parkerson And Ltd Com accumulated 3.65% or 229,047 shares. Pub Employees Retirement Association Of Colorado has invested 1.19% in The Home Depot, Inc. (NYSE:HD). Afam Capital holds 1,740 shares. First Quadrant Limited Partnership Ca owns 81,978 shares or 0.29% of their US portfolio. Pinnacle Holdg Lc has 1.19% invested in The Home Depot, Inc. (NYSE:HD) for 17,292 shares. Atalanta Sosnoff Ltd Company holds 427,053 shares. Oakworth Capital reported 0.24% stake. Arcadia Investment Mgmt Corp Mi stated it has 1.12% in The Home Depot, Inc. (NYSE:HD). 2,400 were reported by Clough Cap Prns L P. Brookmont Cap Management stated it has 3.86% of its portfolio in The Home Depot, Inc. (NYSE:HD). Ashfield Cap Prns Limited Liability Co invested in 1.78% or 73,201 shares. Fukoku Mutual Life has invested 0.18% in The Home Depot, Inc. (NYSE:HD). M Holdg holds 1,090 shares. 120,105 are held by Advantus Cap Mgmt Inc.

Since December 7, 2017, it had 2 insider buys, and 5 selling transactions for $36.57 million activity. CODINA ARMANDO M also bought $1.19 million worth of The Home Depot, Inc. (NYSE:HD) on Friday, March 2. The insider BRENNEMAN GREGORY D bought $3.00 million. Shares for $20.89 million were sold by Menear Craig A. 10,916 shares were sold by Roseborough Teresa Wynn, worth $1.97M on Thursday, December 7. Shares for $3.31M were sold by Decker Edward P.. On Friday, December 8 Carey Matt sold $7.58 million worth of The Home Depot, Inc. (NYSE:HD) or 41,396 shares.

Analysts await The Home Depot, Inc. (NYSE:HD) to report earnings on May, 15. They expect $2.08 earnings per share, up 24.55% or $0.41 from last year’s $1.67 per share. HD’s profit will be $2.40 billion for 21.30 P/E if the $2.08 EPS becomes a reality. After $1.69 actual earnings per share reported by The Home Depot, Inc. for the previous quarter, Wall Street now forecasts 23.08% EPS growth.

Among 34 analysts covering The Home Depot Inc. (NYSE:HD), 24 have Buy rating, 0 Sell and 10 Hold. Therefore 71% are positive. The Home Depot Inc. had 116 analyst reports since August 19, 2015 according to SRatingsIntel. The company was maintained on Wednesday, November 18 by Credit Suisse. The company was upgraded on Monday, January 25 by Deutsche Bank. The rating was upgraded by Stifel Nicolaus to “Buy” on Wednesday, August 16. The firm earned “Buy” rating on Thursday, November 30 by Robert W. Baird. Bank of America maintained The Home Depot, Inc. (NYSE:HD) rating on Wednesday, August 16. Bank of America has “Buy” rating and $180.0 target. The firm earned “Buy” rating on Monday, September 18 by RBC Capital Markets. The firm has “Buy” rating by Morgan Stanley given on Wednesday, March 21. The stock has “Buy” rating by Vetr on Saturday, August 29. Oppenheimer maintained the stock with “Buy” rating in Tuesday, August 15 report. Bank of America maintained the stock with “Buy” rating in Wednesday, November 8 report.

Campbell Newman Asset Management Inc, which manages about $443.30 million and $593.24M US Long portfolio, upped its stake in Te Connectivity Limited Reg Sh (NYSE:TEL) by 35,739 shares to 168,568 shares, valued at $16.02 million in 2017Q4, according to the filing.

Among 23 analysts covering Anheuser-Busch InBev (NYSE:BUD), 16 have Buy rating, 2 Sell and 5 Hold. Therefore 70% are positive. Anheuser-Busch InBev had 50 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, February 1, the company rating was maintained by Stifel Nicolaus. The firm has “Neutral” rating given on Tuesday, July 21 by Nomura. The stock has “Buy” rating by Societe Generale on Tuesday, April 5. Liberum Capital initiated the shares of BUD in report on Monday, October 3 with “Buy” rating. The firm has “Buy” rating given on Wednesday, August 30 by Stifel Nicolaus. The firm earned “Sector Perform” rating on Monday, September 21 by RBC Capital Markets. The firm has “Overweight” rating given on Wednesday, October 5 by Morgan Stanley. The firm has “Buy” rating given on Friday, July 28 by Jefferies. As per Tuesday, September 19, the company rating was maintained by Jefferies. Susquehanna upgraded Anheuser-Busch InBev SA/NV (NYSE:BUD) rating on Wednesday, February 28. Susquehanna has “Buy” rating and $131.0 target.

Investors sentiment decreased to 0.96 in 2017 Q4. Its down 0.31, from 1.27 in 2017Q3. It dived, as 44 investors sold BUD shares while 158 reduced holdings. 56 funds opened positions while 138 raised stakes. 94.11 million shares or 1.92% more from 92.33 million shares in 2017Q3 were reported. Washington Tru Bancorporation accumulated 166 shares or 0% of the stock. M&R Capital Inc holds 200 shares or 0.01% of its portfolio. Iberiabank has invested 0.04% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD). Commerce Bancorporation owns 19,092 shares for 0.03% of their portfolio. Stanley stated it has 0.46% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD). Comerica Secs holds 0.05% in Anheuser-Busch InBev SA/NV (NYSE:BUD) or 3,857 shares. Pittenger & Anderson holds 15,065 shares. Douglass Winthrop Advsrs Lc holds 332,509 shares or 2.02% of its portfolio. Southeast Asset reported 4,260 shares. Highland Cap Mngmt Limited Company invested in 26,542 shares or 0.23% of the stock. Dorsey And Whitney Trust accumulated 2,357 shares. Aperio Grp Inc Ltd Co holds 177,747 shares. Dynamo Internacional Gestao De Recursos Ltda has invested 0.65% in Anheuser-Busch InBev SA/NV (NYSE:BUD). The Texas-based Westwood Group has invested 0.07% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Citigroup owns 252,746 shares.

Viking Global Investors Lp, which manages about $39.90 billion and $16.26 billion US Long portfolio, decreased its stake in Molina Healthcare Inc (NYSE:MOH) by 274,385 shares to 1.67 million shares, valued at $128.27 million in 2017Q4, according to the filing. It also reduced its holding in Unitedhealth Group Inc (NYSE:UNH) by 615,478 shares in the quarter, leaving it with 1.49M shares, and cut its stake in Atyr Pharma Inc.

The Home Depot, Inc. (NYSE:HD) Institutional Positions Chart

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>