Tenaris S.A. (TS) Reaches $33.88 After 3.00% Up Move; Jacobs & Co Has Boosted Anheuser Busch (BUD) Stake By $409,003

February 18, 2018 - By Nellie Frank

Jacobs & Co increased Anheuser Busch (BUD) stake by 9.81% reported in 2017Q3 SEC filing. Jacobs & Co acquired 3,437 shares as Anheuser Busch (BUD)’s stock rose 8.45%. The Jacobs & Co holds 38,483 shares with $4.59M value, up from 35,046 last quarter. Anheuser Busch now has $194.16B valuation. The stock increased 1.39% or $1.46 during the last trading session, reaching $106.12. About 1.81M shares traded or 4.44% up from the average. Anheuser-Busch InBev SA/NV (NYSE:BUD) has declined 3.55% since February 18, 2017 and is downtrending. It has underperformed by 20.25% the S&P500.

The stock of Tenaris S.A. (NYSE:TS) is a huge mover today! The stock increased 3.96% or $1.29 during the last trading session, reaching $33.88. About 5.00M shares traded or 199.62% up from the average. Tenaris S.A. (NYSE:TS) has risen 25.06% since February 18, 2017 and is uptrending. It has outperformed by 8.36% the S&P500.The move comes after 9 months positive chart setup for the $18.65 billion company. It was reported on Feb, 18 by Barchart.com. We have $34.90 PT which if reached, will make NYSE:TS worth $559.62M more.

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 45 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Underweight” rating given on Tuesday, December 5 by JP Morgan. The firm earned “Buy” rating on Monday, October 3 by Liberum Capital. Credit Agricole upgraded the shares of BUD in report on Monday, November 2 to “Outperform” rating. The stock has “Hold” rating by ING Group on Wednesday, August 26. Jefferies maintained the shares of BUD in report on Friday, July 28 with “Buy” rating. On Tuesday, September 8 the stock rating was maintained by RBC Capital Markets with “Outperform”. Susquehanna maintained it with “Hold” rating and $103 target in Friday, May 5 report. The firm has “Buy” rating given on Thursday, September 17 by Sterne Agee CRT. The firm has “Buy” rating given on Monday, August 22 by Kepler Cheuvreux. The stock of Anheuser-Busch InBev SA/NV (NYSE:BUD) has “Neutral” rating given on Tuesday, October 11 by JP Morgan.

Investors sentiment increased to 1.27 in 2017 Q3. Its up 0.30, from 0.97 in 2017Q2. It is positive, 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. First Western Cap Mngmt Com invested 2.05% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Jacobs Ca reported 38,483 shares. Mark Sheptoff Financial Planning Limited Liability Corp has invested 0.26% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Jacobus Wealth Management Inc reported 0.03% stake. Assetmark reported 0% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD). Southeast Asset Advsrs holds 4,260 shares. Comerica Securities invested in 0.07% or 3,987 shares. First Manhattan has invested 1.23% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Palo Cap has invested 0.27% in Anheuser-Busch InBev SA/NV (NYSE:BUD). 2.63 million were reported by Susquehanna Llp. 36,230 were accumulated by Kj Harrison Inc. First Personal Services accumulated 1,153 shares. 33 were accumulated by Reilly Advisors Ltd. Lpl Fincl Lc holds 0.04% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD) for 83,524 shares. Smith Moore Company holds 0.13% or 3,874 shares.

Tenaris S.A., through its subsidiaries, makes and distributes steel pipe products and other related services for the energy industry, and other industrial applications. The company has market cap of $18.65 billion. The firm offers products for gas and oil drilling operations, including casings and tubings, premium connections, drill pipes, coiled tubing, hot-rolled and cold-drawn seamless tubes, tubular accessories, non-tubular accessories, and devices. It has a 47.85 P/E ratio. It also provides offshore line pipe products, such as top tensioned and steel catenary risers, export lines and flowlines, bends, corrosion resistant alloys, coiled line pipes, umbilical tubings, and coated pipes; and seamless and welded tubes for onshore line pipe; various seamless steel tubes and pipes for refineries, petrochemical, and gas-processing plants; and tubular products for the power generation industry.

Among 17 analysts covering Tenaris SA (NYSE:TS), 8 have Buy rating, 1 Sell and 8 Hold. Therefore 47% are positive. Tenaris SA had 38 analyst reports since August 5, 2015 according to SRatingsIntel. Morgan Stanley upgraded the stock to “Overweight” rating in Monday, November 14 report. The stock has “Neutral” rating by Goldman Sachs on Wednesday, July 20. On Friday, November 3 the stock rating was maintained by Loop Capital with “Buy”. On Friday, October 6 the stock rating was maintained by Cowen & Co with “Hold”. As per Tuesday, October 11, the company rating was initiated by Berenberg. As per Friday, August 7, the company rating was maintained by Cowen & Co. Morgan Stanley downgraded Tenaris S.A. (NYSE:TS) rating on Wednesday, February 24. Morgan Stanley has “Equal-Weight” rating and $26 target. Piper Jaffray maintained the stock with “Buy” rating in Wednesday, August 2 report. On Tuesday, October 18 the stock rating was upgraded by Simmons & Co to “Overweight”. Citigroup downgraded the stock to “Neutral” rating in Tuesday, October 20 report.

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