As Anheuser Busch Inbev Sa/Nv (BUD) Share Price Declined, Hoplite Capital Management LP Has Raised Its Stake by $10.07 Million; As Bank N S Halifax (BNS) Share Value Declined, Founders Financial Securities Boosted Its Position

August 10, 2018 - By Matthew Richard

The Bank of Nova Scotia (NYSE:BNS) Logo

Founders Financial Securities Llc increased its stake in Bank N S Halifax (BNS) by 69.51% based on its latest 2018Q1 regulatory filing with the SEC. Founders Financial Securities Llc bought 7,202 shares as the company’s stock declined 0.93% with the market. The institutional investor held 17,563 shares of the major banks company at the end of 2018Q1, valued at $1.08 million, up from 10,361 at the end of the previous reported quarter. Founders Financial Securities Llc who had been investing in Bank N S Halifax for a number of months, seems to be bullish on the $73.30B market cap company. The stock increased 0.25% or $0.15 during the last trading session, reaching $59.02. About 595,025 shares traded. The Bank of Nova Scotia (NYSE:BNS) has risen 10.02% since August 10, 2017 and is uptrending. It has underperformed by 2.55% the S&P500. Some Historical BNS News: 10/04/2018 – SCOTIABANK CEO SAYS BANK HAS MADE A NUMBER OF CHANGES TO SALES PRACTICES IN WAKE OF FCAC INVESTIGATION; 09/05/2018 – SCOTIABANK TO BUY 51% OF BANCO CENCOSUD IN PERU; 21/03/2018 – SCOTIABANK CEO COMMENTS TO MEDIA AFTER TORONTO EVENT; 10/04/2018 – SCOTIABANK HAS BEEN `ADVOCATE’ OF CANADA MORTGAGE RULE CHANGES; 19/04/2018 – Moody’s Assigns Provisional Ratings To Sstrt 2018-1, Bank Of Nova Scotia Sponsored Canadian Prime Auto Loan Transaction; 29/05/2018 – SCOTIABANK SAYS MORTGAGE GROWTH PACE MODERATED AFTER B-20 RULES; 06/03/2018 – GUIDANCE: BANK OF NOVA SCOTIA $400M TRILLIUM CREDIT CARD ABS; 12/04/2018 – LAUNCH: Bank of Nova Scotia C$2.25b 5Y Deposit Note at +84; 10/04/2018 – SCOTIABANK CEO SAYS EFFICIENCY GAINS FROM IMPROVING OPERATIONS; 21/03/2018 – SCOTIABANK CEO SEES CYBERSECURITY AS KEY PRIORITY FOR INDUSTRY

Hoplite Capital Management Lp increased its stake in Anheuser Busch Inbev Sa/Nv (BUD) by 16.79% based on its latest 2018Q1 regulatory filing with the SEC. Hoplite Capital Management Lp bought 92,349 shares as the company’s stock declined 13.10% with the market. The hedge fund held 642,349 shares of the beverages (production and distribution) company at the end of 2018Q1, valued at $70.62M, up from 550,000 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 $198.53 billion market cap company. The stock increased 0.18% or $0.18 during the last trading session, reaching $99.71. About 639,442 shares traded. Anheuser-Busch InBev SA/NV (NYSE:BUD) has declined 19.97% since August 10, 2017 and is downtrending. It has underperformed by 32.54% the S&P500. Some Historical BUD News: 19/03/2018 – AB-InBev to Expand in Tanzania With New $100 Million Brewery; 09/05/2018 – AB InBev 1Q Revenue, Adjusted Ebitda Rose; 03/05/2018 – Anheuser-Busch orders up to 800 hydrogen-fueled big rigs; 07/05/2018 – ANHEUSER BUSCH INBEV SA ABI.BR -UNIT ABIWW EXERCISING OPTION TO REDEEM IN FULL ENTIRE OUTSTANDING PRINCIPAL AMOUNT OF SERIES OF NOTES ON 6 JUNE 2018; 09/05/2018 – AB InBev profit gains as Latin America offsets weak United States; 22/03/2018 – FITCH AFFIRMS ANHEUSER-BUSCH INBEV AT ‘BBB’; OUTLOOK STABLE; 22/03/2018 – U.S. House backs government spending bill, sends to Senate before Friday deadline; 09/05/2018 – AB InBev 1Q Normalized EBIT $3.94B; 04/04/2018 – C&C GROUP PLC – AB INBEV WILL PROVIDE ADDITIONAL FINANCIAL SUPPORT TO TRANSACTION; 07/05/2018 – EXCLUSIVE-South African farmers take AB InBev to competition watchdog

Investors sentiment increased to 1 in Q1 2018. Its up 0.04, from 0.96 in 2017Q4. It improved, as 54 investors sold BUD shares while 149 reduced holdings. 57 funds opened positions while 147 raised stakes. 95.25 million shares or 1.22% more from 94.11 million shares in 2017Q4 were reported. Farmers Comml Bank accumulated 4,246 shares. Viking Glob Investors LP has invested 2.78% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Two Sigma Limited Liability Com owns 62,033 shares for 0.04% of their portfolio. Green Square Capital holds 0.04% or 2,458 shares. Ubs Asset Management Americas Inc accumulated 4,480 shares or 0% of the stock. Ls Invest Lc invested in 390 shares. The New York-based Tiger Mgmt Limited Company has invested 0.28% in Anheuser-Busch InBev SA/NV (NYSE:BUD). First Foundation accumulated 188,687 shares. First Personal Financial has invested 0.02% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Guyasuta Invest Advisors holds 2,100 shares or 0.03% of its portfolio. Arrowstreet Capital Lp invested in 0.52% or 2.06 million shares. Ntv Asset Management Limited Liability Company invested in 0.37% or 11,800 shares. Old Second Natl Bank Of Aurora has 0% invested in Anheuser-Busch InBev SA/NV (NYSE:BUD) for 60 shares. State Street reported 31,061 shares. Hikari Tsushin Incorporated invested in 0.22% or 7,600 shares.

Among 23 analysts covering Anheuser-Busch InBev (NYSE:BUD), 17 have Buy rating, 2 Sell and 4 Hold. Therefore 74% are positive. Anheuser-Busch InBev had 54 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, November 13 by Berenberg. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, February 1. As per Wednesday, July 6, the company rating was downgraded by RBC Capital Markets. The firm has “Buy” rating given on Wednesday, February 28 by Susquehanna. RBC Capital Markets upgraded Anheuser-Busch InBev SA/NV (NYSE:BUD) on Tuesday, May 22 to “Hold” rating. As per Tuesday, July 21, the company rating was initiated by Sterne Agee CRT. The firm has “Outperform” rating given on Tuesday, September 8 by RBC Capital Markets. The stock has “Buy” rating by Stifel Nicolaus on Friday, February 26. The stock has “Underweight” rating by JP Morgan on Wednesday, April 11. The firm has “Outperform” rating given on Friday, November 25 by Macquarie Research.

More notable recent Anheuser-Busch InBev SA/NV (NYSE:BUD) news were published by: Benzinga.com which released: “Earnings Scheduled For July 26, 2018” on July 26, 2018, also Benzinga.com with their article: “Nikola Raises $100 Million In August, Anticipates Oversubscribed Series C” published on August 08, 2018, Seekingalpha.com published: “Anheuser-Busch InBev SA/NV (BUD) CEO Carlos Brito on Q2 2018 Results – Earnings Call Transcript” on July 26, 2018. More interesting news about Anheuser-Busch InBev SA/NV (NYSE:BUD) were released by: Fool.com and their article: “World Cup Boosts Anheuser-Busch InBev Sales” published on July 30, 2018 as well as Benzinga.com‘s news article titled: “Anheuser-Busch InBev’s Q2 Earnings Outlook” with publication date: July 25, 2018.

Hoplite Capital Management Lp, which manages about $4.72 billion and $1.40B US Long portfolio, decreased its stake in Adobe Sys Inc (NASDAQ:ADBE) by 36,095 shares to 347,996 shares, valued at $75.20 million in 2018Q1, according to the filing. It also reduced its holding in Facebook Inc (NASDAQ:FB) by 25,331 shares in the quarter, leaving it with 643,297 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT).

More notable recent The Bank of Nova Scotia (NYSE:BNS) news were published by: Seekingalpha.com which released: “Don’t Sell Axon Enterprise – Cramer’s Lightning Round (7/11/18)” on July 12, 2018, also Fool.ca with their article: “The Top 3 TSX Stocks You Can Buy and Forget” published on July 28, 2018, Seekingalpha.com published: “National Bank Of Canada: The Underrated Canadian Bank” on July 30, 2018. More interesting news about The Bank of Nova Scotia (NYSE:BNS) were released by: Seekingalpha.com and their article: “Buy This 4.2% Yielding Dividend Stock” published on August 01, 2018 as well as Seekingalpha.com‘s news article titled: “July 2018 Watchlist” with publication date: July 25, 2018.

Among 9 analysts covering The Bank Of Nova Scotia (NYSE:BNS), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. The Bank Of Nova Scotia had 18 analyst reports since August 4, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, December 2 report. The firm has “Overweight” rating by Barclays Capital given on Tuesday, May 23. The company was initiated on Wednesday, September 21 by Dundee Securities. The company was maintained on Monday, August 31 by RBC Capital Markets. Bank of America downgraded the stock to “Neutral” rating in Tuesday, June 5 report. Canaccord Genuity maintained it with “Buy” rating and $87.0 target in Tuesday, August 29 report. The firm has “Buy” rating given on Friday, August 28 by Canaccord Genuity. The firm earned “Outperform” rating on Wednesday, August 31 by RBC Capital Markets. As per Wednesday, May 31, the company rating was maintained by RBC Capital Markets. The firm has “Neutral” rating given on Thursday, June 9 by Macquarie Research.

Founders Financial Securities Llc, which manages about $511.93 million and $309.24M US Long portfolio, decreased its stake in Vanguard Index Fds (VUG) by 107,647 shares to 57,506 shares, valued at $8.16 million in 2018Q1, according to the filing. It also reduced its holding in Ishares Tr (LQD) by 4,301 shares in the quarter, leaving it with 39,982 shares, and cut its stake in Vanguard Whitehall Fds Inc (VYM).

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

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