Hoplite Capital Management LP Upped Its Position in Anheuser Busch Inbev Sa/Nv (BUD) by $28.12 Million as Market Value Declined; As Sohu Com (SOHU) Stock Price Declined, Shareholder Fosun International LTD Decreased by $3.61 Million Its Stake

May 20, 2018 - By Nellie Frank

Anheuser-Busch InBev SA/NV (NYSE:BUD) Logo

Fosun International Ltd decreased its stake in Sohu Com Inc (SOHU) by 6.73% based on its latest 2017Q4 regulatory filing with the SEC. Fosun International Ltd sold 84,000 shares as the company’s stock declined 27.10% with the market. The institutional investor held 1.16 million shares of the edp services company at the end of 2017Q4, valued at $50.48M, down from 1.25M at the end of the previous reported quarter. Fosun International Ltd who had been investing in Sohu Com Inc for a number of months, seems to be less bullish one the $1.40 billion market cap company. The stock decreased 1.18% or $0.43 during the last trading session, reaching $36.08. About 246,688 shares traded. Sohu.com Inc. (NASDAQ:SOHU) has declined 20.58% since May 20, 2017 and is downtrending. It has underperformed by 32.13% the S&P500.

John Lykouretzos increased its stake in Anheuser Busch Inbev Sa/Nv (BUD) by 36.18% based on its latest 2017Q4 regulatory filing with the SEC. Hoplite Capital Management Lp bought 253,355 shares as the company’s stock declined 3.67% with the market. The hedge fund run by John Lykouretzos held 953,585 shares of the beverages (production and distribution) company at the end of 2017Q4, valued at $106.38M, up from 700,230 at the end of the previous reported quarter. Hoplite Capital Management Lp who had been investing in Anheuser Busch Inbev Sa/Nv for a number of months, seems to be bullish on the $183.26B market cap company. The stock decreased 0.13% or $0.12 during the last trading session, reaching $94.3. About 1.63M shares traded. Anheuser-Busch InBev SA/NV (NYSE:BUD) has declined 3.50% since May 20, 2017 and is downtrending. It has underperformed by 15.05% the S&P500.

Investors sentiment decreased to 0.96 in 2017 Q4. Its down 0.31, from 1.27 in 2017Q3. It dropped, 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. Da Davidson & accumulated 28,700 shares. Advisor Prtnrs Lc owns 0.05% invested in Anheuser-Busch InBev SA/NV (NYSE:BUD) for 2,336 shares. Hikari invested 0.13% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Warren Averett Asset Management Ltd Llc reported 0% stake. Vontobel Asset Mngmt Incorporated has invested 0.03% in Anheuser-Busch InBev SA/NV (NYSE:BUD). The New York-based Natl Asset Management has invested 0.04% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Chilton Investment Co Ltd Co, a Connecticut-based fund reported 158,833 shares. Toronto Dominion Bank & Trust has 0% invested in Anheuser-Busch InBev SA/NV (NYSE:BUD) for 10,817 shares. American Money Limited Liability Corporation accumulated 27,494 shares. Amer Asset, Florida-based fund reported 3,611 shares. Gluskin Sheff & Associates Incorporated stated it has 0.1% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD). Fiera Capital holds 0.07% or 123,049 shares in its portfolio. Delaware-based Reliance Of Delaware has invested 0.22% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Wright Invsts holds 0.18% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD) for 4,686 shares. Forbes J M Ltd Liability Partnership reported 1.59% stake.

More notable recent Anheuser-Busch InBev SA/NV (NYSE:BUD) news were published by: Benzinga.com which released: “Bank Of America Downgrades Anheuser Busch Due To Sobering Outlook” on April 26, 2018, also Benzinga.com with their article: “4 Tech Companies Seeing High Demand For Blockchain Services” published on May 18, 2018, Fool.com published: “Better Buy: Coca-Cola vs. Anheuser Busch InBev” on April 21, 2018. More interesting news about Anheuser-Busch InBev SA/NV (NYSE:BUD) were released by: Investorplace.com and their article: “7 Consumer Stocks to Sell Now” published on May 15, 2018 as well as Investorplace.com‘s news article titled: “Play Into the Seasonal Strength of Anheuser Busch InBev NV (ADR)” with publication date: April 24, 2018.

Among 23 analysts covering Anheuser-Busch InBev (NYSE:BUD), 16 have Buy rating, 3 Sell and 4 Hold. Therefore 70% are positive. Anheuser-Busch InBev had 52 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Monday, October 10 by RBC Capital Markets. As per Thursday, April 26, the company rating was downgraded by Bank of America. The rating was upgraded by Vetr to “Buy” on Thursday, August 13. The stock of Anheuser-Busch InBev SA/NV (NYSE:BUD) earned “Outperform” rating by BNP Paribas on Monday, November 16. The rating was downgraded by Societe Generale to “Buy” on Tuesday, April 5. On Monday, November 2 the stock rating was upgraded by CLSA to “Outperform”. Morgan Stanley reinitiated Anheuser-Busch InBev SA/NV (NYSE:BUD) on Wednesday, October 5 with “Overweight” rating. The stock of Anheuser-Busch InBev SA/NV (NYSE:BUD) earned “Underperform” rating by RBC Capital Markets on Wednesday, July 6. The stock has “Buy” rating by Jefferies on Tuesday, September 19. The firm earned “Buy” rating on Wednesday, August 30 by Stifel Nicolaus.

Hoplite Capital Management Lp, which manages about $4.72 billion and $1.44B US Long portfolio, decreased its stake in Boyd Gaming Corp (NYSE:BYD) by 338,427 shares to 1.60M shares, valued at $56.04M in 2017Q4, according to the filing. It also reduced its holding in Constellation Brands Inc (NYSE:STZ) by 317,779 shares in the quarter, leaving it with 251,666 shares, and cut its stake in Anheuser Busch Inbev Sa/Nv (Call) (NYSE:BUD).

Since April 30, 2018, it had 8 buys, and 0 selling transactions for $17.68 million activity. ZHANG CHARLES bought $3.53M worth of Sohu.com Inc. (NASDAQ:SOHU) on Tuesday, May 8.

More notable recent Sohu.com Inc. (NASDAQ:SOHU) news were published by: Fool.com which released: “Why Sohu.com Inc. Stock Fell Wednesday” on April 25, 2018, also Fool.com with their article: “Sohu.com Hits 10-Year Low After Rough First Quarter” published on April 25, 2018, Streetinsider.com published: “SOHU.COM INC.” on May 17, 2018. More interesting news about Sohu.com Inc. (NASDAQ:SOHU) were released by: Prnewswire.com and their article: “Sohu.com Inc. Chairman and CEO Issues Letter to Stockholders Regarding Special Meeting” published on May 17, 2018 as well as Benzinga.com‘s news article titled: “Benzinga’s Insider Buys Of The Week: Alexion Pharmaceuticals, Sohu.com And More” with publication date: May 06, 2018.

Fosun International Ltd, which manages about $1.14 billion US Long portfolio, upped its stake in Sina Corp (NASDAQ:SINA) by 160,831 shares to 1.15 million shares, valued at $115.52M in 2017Q4, according to the filing. It also increased its holding in Colony Northstar Inc by 3.84M shares in the quarter, for a total of 5.25M shares, and has risen its stake in Colony Cap Inc.

Analysts await Sohu.com Inc. (NASDAQ:SOHU) to report earnings on July, 30. They expect $-0.75 earnings per share, up 67.11% or $1.53 from last year’s $-2.28 per share. After $-2.39 actual earnings per share reported by Sohu.com Inc. for the previous quarter, Wall Street now forecasts -68.62% EPS growth.

Sohu.com Inc. (NASDAQ:SOHU) Institutional Positions Chart

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