March 24, 2018

Anheuser-Busch just ordered 40 Tesla Semis

08 December 2017, 08:28 | Opal Carroll

Tesla is already seeing strong demand for the truck

Tesla is already seeing strong demand for the truck

Fayez Sarofim & Co. now owns 1,134,543 shares of the consumer goods maker's stock valued at $135,351,000 after purchasing an additional 48,084 shares during the last quarter. About 460,138 shares traded. It has underperformed by 16.70% the S&P500.

Investors sentiment decreased to 0.97 in Q2 2017.

The Tesla chief also said that the semi-truck will be able to work in a three-truck convoy, reducing its cost per mile for the fleet down to $0.85 per mile, versus the diesel cost of about $1.25 per mile. It increased, as 68 investors sold SBUX shares while 409 reduced holdings. 48 funds opened positions while 146 raised stakes. Cambridge Tru reported 80,548 shares. Vontobel Asset Mngmt Inc has 43,087 shares for 0.04% of their portfolio. Highlander Cap Mgmt Ltd Co has 2,200 shares. New Hampshire-based Ledyard National Bank & Trust has invested 1.04% in Starbucks Corporation (NASDAQ:SBUX). The fund owned 943,400 shares of the consumer goods maker's stock after selling 12,300 shares during the period. Payden And Rygel holds 0.74% or 76,200 shares. Macquarie holds 461,945 shares. Raab & Moskowitz Asset Management Lc invested in 0.24% or 4,175 shares. Gfs Limited Liability reported 5,571 shares or 0.13% of all its holdings. 2,418 were accumulated by Bahl & Gaynor Inc. Seabridge Inv Advsrs Lc has 0% invested in Starbucks Corporation (NASDAQ:SBUX). Also, the Hold rating count is 0, as of 12/4/2107. ULLMAN MYRON E III had sold 10,000 shares worth $606,300. Starbucks Corporation had 80 analyst reports since July 28, 2015 according to SRatingsIntel. $124.86's average target is 10.52% above currents $112.97 stock price. The firm has "Hold" rating by Susquehanna given on Thursday, July 27. The stock has "Buy" rating by Stifel Nicolaus on Wednesday, August 30. The stock of Starbucks Corporation (NASDAQ:SBUX) has "Outperform" rating given on Monday, March 13 by Wedbush. Argus assumed coverage on shares of Anheuser Busch Inbev in a research note on Friday, September 8th. RBC Capital Markets maintained Starbucks Corporation (NASDAQ:SBUX) rating on Wednesday, July 12. Fayez Sarofim & Co. grew its holdings in Anheuser Busch Inbev by 4.4% during the third quarter. Therefore 64% are positive.

According to Zacks brokerage recommendations, Anheuser-Busch InBev SA/NV (NYSE:BUD)'s Buy count is 0 and Strong Buy is 3 while the number of analysts recommending Sell and Strong Sell are 0 and 4, respectively. The firm's stock has a market capitalization of $197.73 bln.

Phil Bredesen planning run for Corker's US Senate seat
Bredesen is the last Democrat to win a state wide race in Tennessee when he easily won a second term as governor in 2006. Three sources confirmed the Democrat's candidacy, as first reported by the Nashville Post , on Wednesday.

BUD has been the topic of several research analyst reports. Jefferies has "Buy" rating and $13200 target. RBC Capital Markets downgraded the shares of BUD in report on Monday, September 21 to "Sector Perform" rating. Weitz Incorporated invested 0.08% in Anheuser-Busch InBev SA/NV (NYSE:BUD).

Anheuser Busch Inbev (NYSE:BUD) last released its quarterly earnings results on Thursday, October 26th. The stock has "Neutral" rating by JP Morgan on Tuesday, October 11.

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