Anheuser-Busch buying 40 Tesla trucks


Anheuser-Busch buying 40 Tesla trucks

Today it is now trading at $113.00 (0.03%), with an average volume 1675.96, its volume today is 1,402,473.

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. 48 funds opened positions while 146 raised stakes.

Shares of Anheuser Busch Inbev (BUD) traded down $2.44 during trading hours on Tuesday, hitting $112.97.

To give you a sense of just how much Bud gets hauled around the country, Anheuser-Busch says reducing its greenhouse gases by 30 percent would be the equivalent of taking 500,000 cars off the road every year. The average volume was noted at 1.65 million shares while its relative volume was seen at 1.45. Hugh Johnson Ltd Limited Liability Company stated it has 31,267 shares. Eqis Capital Management Inc. lifted its holdings in Anheuser Busch Inbev by 19.7% during the 2nd quarter. Franklin Resources holds 0.49% or 8.95M shares in its portfolio. Glacier Peak Capital LLC acquired a new stake in shares of Anheuser Busch Inbev NV during the fourth quarter valued at $1,371,000. Highlander Cap Mgmt Ltd Co has 2,200 shares. Anheuser Busch Inbev's payout ratio is 117.28%. Weybosset & Management Ltd Com stated it has 46,841 shares. Baldwin Brothers Inc Ma invested in 4,389 shares or 0.08% of the stock. Anheuser-Busch InBev SA/NV is comprised of insider ownership at 53.90% and institutional ownership of 6.10%. Gam Ag has 9,909 shares. Stifel Nicolaus maintained Anheuser-Busch InBev SA/NV (NYSE:BUD) on Wednesday, August 30 with "Buy" rating. Northwestern Mutual Wealth Management Co. grew its holdings in Anheuser Busch Inbev by 6.0% during the second quarter. Therefore 64% are positive. Anheuser Busch Inbev NV has a fifty-two week low of $100.90 and a fifty-two week high of $126.50.

Integrating the Tesla semi-trucks into the brewer's distribution network will help Anheuser-Busch achieve its commitment to reduce its operational carbon footprint by 30 percent by 2025 - the equivalent of removing almost 500,000 cars from the road globally each year. The firm earned "Outperform" rating on Monday, November 2 by Credit Agricole. The firm has "Peer Perform" rating given on Thursday, September 10 by Wolfe Research. The firm has "Hold" rating by Susquehanna given on Thursday, July 27. J P Morgan Chase & Co reaffirmed an "underweight" rating on shares of Anheuser Busch Inbev in a research note on Tuesday.

The stock decreased 1.55% or $1.79 during the last trading session, reaching $113.62. The 200-day simple moving average is -2.46% and the 20-day simple moving average is -2.70%. Anheuser-Busch InBev SA/NV (NYSE:BUD) has declined 3.55% since December 6, 2016 and is downtrending. During the same quarter last year, the business posted $0.83 EPS. equities research analysts forecast that Anheuser Busch Inbev will post 4.22 earnings per share for the current year. Comparatively, BUD posted earnings of $1.5 per share in the same quarter, a year earlier. BUD's profit will be $2.41 billion for 22.72 P/E if the $1.25 EPS becomes a reality. St. James Investment Company LLC's holdings in Anheuser Busch Inbev were worth $3,709,000 at the end of the most recent reporting period.

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. The company has market cap of $221.32 billion.