Anheuser (BUD) Holder Jarislowsky Fraser LTD Has Lifted Holding by $4.31 Million; Highline Capital Management Trimmed Kroger Co (Put) (KR) Holding by $20.25 Million as Stock Value Declined

April 17, 2018 - By William Brooks

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

Jacob Doft decreased its stake in Kroger Co (Put) (KR) by 75% based on its latest 2017Q4 regulatory filing with the SEC. Highline Capital Management Llc sold 750,000 shares as the company’s stock declined 16.92% with the market. The hedge fund run by Jacob Doft held 250,000 shares of the food chains company at the end of 2017Q4, valued at $6.86M, down from 1.00M at the end of the previous reported quarter. Highline Capital Management Llc who had been investing in Kroger Co (Put) for a number of months, seems to be less bullish one the $20.93B market cap company. The stock increased 1.85% or $0.44 during the last trading session, reaching $24.17. About 5.97M shares traded. The Kroger Co. (NYSE:KR) has declined 18.87% since April 17, 2017 and is downtrending. It has underperformed by 30.42% the S&P500.

Jarislowsky Fraser Ltd increased its stake in Anheuser (BUD) by 7.51% based on its latest 2017Q4 regulatory filing with the SEC. Jarislowsky Fraser Ltd bought 38,865 shares as the company’s stock declined 3.67% with the market. The institutional investor held 556,493 shares of the beverages (production and distribution) company at the end of 2017Q4, valued at $62.08M, up from 517,628 at the end of the previous reported quarter. Jarislowsky Fraser Ltd who had been investing in Anheuser for a number of months, seems to be bullish on the $201.57B market cap company. The stock decreased 0.46% or $0.48 during the last trading session, reaching $104.32. About 1.46M shares traded. Anheuser-Busch InBev SA/NV (NYSE:BUD) has declined 3.50% since April 17, 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 fall, 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. Sg Americas Securities Ltd holds 0.04% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD) for 40,707 shares. Hugh Johnson Advsr Ltd Liability Corporation has 31,072 shares for 1.01% of their portfolio. Farmers National Bank has invested 1.14% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD). Weybosset And Ltd Llc invested 3.01% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD). 17,000 were accumulated by Weitz Investment. Cramer Rosenthal Mcglynn Limited Liability owns 0.31% invested in Anheuser-Busch InBev SA/NV (NYSE:BUD) for 171,335 shares. Cetera Advisor Limited Com owns 2,458 shares or 0.01% of their US portfolio. Raymond James stated it has 340,955 shares. Dynamo Internacional Gestao De Recursos Ltda, Brazil-based fund reported 40,421 shares. Aviva Public Limited holds 0.01% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD) for 12,360 shares. Old Second Bankshares Of Aurora accumulated 0% or 60 shares. First Republic Invest accumulated 147,200 shares or 0.11% of the stock. Lazard Asset Management Limited Liability Co has invested 0.09% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD). First Advsr LP reported 205,935 shares stake. Assetmark Inc holds 739 shares.

Jarislowsky Fraser Ltd, which manages about $33.95B and $17.19B US Long portfolio, decreased its stake in Johnson & Johnson (NYSE:JNJ) by 39,783 shares to 1.56 million shares, valued at $218.50 million in 2017Q4, according to the filing. It also reduced its holding in Cenovus Energy Inc. (NYSE:CVE) by 817,693 shares in the quarter, leaving it with 670,503 shares, and cut its stake in Public Service Enterprises Group (NYSE:PEG).

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 49 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, September 17, the company rating was maintained by Sterne Agee CRT. As per Thursday, August 13, the company rating was upgraded by Vetr. The stock has “Buy” rating by Kepler Cheuvreux on Monday, August 22. The stock of Anheuser-Busch InBev SA/NV (NYSE:BUD) has “Underweight” rating given on Wednesday, April 11 by JP Morgan. The rating was maintained by JP Morgan with “Underweight” on Monday, March 5. The rating was initiated by Macquarie Research with “Outperform” on Friday, November 25. The company was reinitiated on Tuesday, October 11 by JP Morgan. As per Monday, November 2, the company rating was upgraded by Credit Agricole. The stock has “Buy” rating by Jefferies on Tuesday, September 13. Jefferies maintained Anheuser-Busch InBev SA/NV (NYSE:BUD) rating on Friday, July 28. Jefferies has “Buy” rating and $13900 target.

Analysts await The Kroger Co. (NYSE:KR) to report earnings on June, 21. They expect $0.63 earnings per share, up 8.62% or $0.05 from last year’s $0.58 per share. KR’s profit will be $545.57M for 9.59 P/E if the $0.63 EPS becomes a reality. After $0.63 actual earnings per share reported by The Kroger Co. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Since December 19, 2017, it had 0 buys, and 6 selling transactions for $2.81 million activity. Another trade for 40,000 shares valued at $1.23M was made by DONNELLY MICHAEL JOSEPH on Monday, January 29. HJELM CHRISTOPHER T sold $245,120 worth of The Kroger Co. (NYSE:KR) on Monday, January 29. Shares for $92,844 were sold by Foley Todd A.

Among 37 analysts covering Kroger (NYSE:KR), 16 have Buy rating, 0 Sell and 21 Hold. Therefore 43% are positive. Kroger had 110 analyst reports since August 25, 2015 according to SRatingsIntel. The stock of The Kroger Co. (NYSE:KR) has “Buy” rating given on Friday, February 12 by Stifel Nicolaus. As per Friday, March 9, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating given on Friday, June 17 by Deutsche Bank. The company was maintained on Monday, August 29 by Citigroup. The stock has “Buy” rating by Citigroup on Thursday, September 17. Morgan Stanley maintained it with “Equal-Weight” rating and $26.5 target in Friday, March 9 report. The rating was initiated by SunTrust with “Neutral” on Tuesday, May 3. The stock of The Kroger Co. (NYSE:KR) has “Neutral” rating given on Wednesday, December 14 by Piper Jaffray. The firm earned “Buy” rating on Tuesday, August 25 by Zacks. Bank of America maintained the shares of KR in report on Friday, March 9 with “Neutral” rating.

Investors sentiment increased to 0.9 in 2017 Q4. Its up 0.02, from 0.88 in 2017Q3. It improved, as 78 investors sold KR shares while 251 reduced holdings. 121 funds opened positions while 176 raised stakes. 636.15 million shares or 7.55% less from 688.12 million shares in 2017Q3 were reported. Asset Mngmt Of Georgia Incorporated Ga Adv has invested 0.14% in The Kroger Co. (NYSE:KR). Columbia Asset Mngmt reported 16,074 shares or 0.13% of all its holdings. Tru Department Mb Bancshares N A has 0.02% invested in The Kroger Co. (NYSE:KR) for 5,555 shares. Moreover, California State Teachers Retirement Systems has 0.1% invested in The Kroger Co. (NYSE:KR). Captrust Fincl Advsr invested 0% in The Kroger Co. (NYSE:KR). Moreover, Sandy Spring Bankshares has 0.21% invested in The Kroger Co. (NYSE:KR). Peapack Gladstone Financial holds 0.01% or 7,974 shares. Horrell Capital Management reported 57,282 shares. Seabridge Investment Advisors Lc invested in 43,617 shares. Lord Abbett & Limited Liability Corporation holds 1.55M shares or 0.12% of its portfolio. Altavista Wealth Management has 0.09% invested in The Kroger Co. (NYSE:KR) for 7,371 shares. Burney accumulated 373,399 shares or 0.58% of the stock. South Texas Money Mngmt Ltd has 0.66% invested in The Kroger Co. (NYSE:KR) for 517,611 shares. Pillar Pacific Management Limited Liability stated it has 0.25% in The Kroger Co. (NYSE:KR). Mackenzie Financial Corporation has invested 0.06% in The Kroger Co. (NYSE:KR).

Highline Capital Management Llc, which manages about $3.04B and $3.02B US Long portfolio, upped its stake in Commercial Metals Co (NYSE:CMC) by 1.39M shares to 4.28M shares, valued at $91.32M in 2017Q4, according to the filing. It also increased its holding in Fedex Corp (NYSE:FDX) by 150,000 shares in the quarter, for a total of 309,000 shares, and has risen its stake in Amazon Com Inc (NASDAQ:AMZN).

The Kroger Co. (NYSE:KR) Institutional Positions Chart

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By1 William Brooks

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