AB InBev reserves 40 Tesla electric semi-trucks

Tesla is already seeing strong demand for the truck

Tesla is already seeing strong demand for the truck

Finally, Haverford Trust Co. grew its stake in shares of Anheuser Busch Inbev by 1.5% in the third quarter. Franklin Resources Inc. raised its stake in shares of Anheuser Busch Inbev NV by 54.8% in the fourth quarter. The Manufacturers Life Insurance Company now owns 3,170,017 shares of the consumer goods maker's stock valued at $349,844,000 after purchasing an additional 352,595 shares in the last quarter. Anheuser-Busch InBev SA/NV is comprised of insider ownership at 53.90% and institutional ownership of 6.10%. Jolley Asset Management LLC now owns 38,720 shares of the consumer goods maker's stock valued at $4,273,000 after buying an additional 4,500 shares in the last quarter.

James Sembrot, Anheuser-Busch's senior director of logistics strategy, told the WSJ that the company spends around $120 million each year on fuel. Bartlett & Co. LLC now owns 164,500 shares of the consumer goods maker's stock valued at $18,154,000 after buying an additional 570 shares in the last quarter. Anheuser Busch Inbev Sa/Nv now has $215.00B valuation.

Analysts on average have given a price target of $130.38 to Anheuser-Busch InBev SA/NV (BUD) stock. 224,356 shares of the company's stock traded hands. The 200-day simple moving average is -2.46% and the 20-day simple moving average is -2.70%. The stock has a market cap of $226.26 billion and a P/E ratio of 85.47. Anheuser Busch Inbev NV has a twelve month low of $100.90 and a twelve month high of $126.50. The consumer goods maker reported $1.31 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.50 by ($0.19). The firm had revenue of $14.74 billion for the quarter, compared to the consensus estimate of $15 billion. During the same quarter in the prior year, the company earned $0.83 earnings per share. Weitz Incorporated invested 0.08% in Anheuser-Busch InBev SA/NV (NYSE:BUD).

Taylor Swift still waiting for her dollar
She said that she was told afterwards that her testimony was the most times the word "ass" had been used in a Colorado court. And now she appears, along with four other women, on the cover of Time magazine's Person of the Year issue.

The business also recently declared a semiannual dividend, which was paid on Thursday, May 25th. The ex-dividend date of this dividend was Monday, May 1st. This represents a dividend yield of 3.07%. BUD has been the topic of a number of recent analyst reports. Anheuser Busch Inbev's dividend payout ratio is now 117.28%. BidaskClub downgraded Anheuser Busch Inbev from a "hold" rating to a "sell" rating in a report on Thursday, August 10th. Argus assumed coverage on shares of Anheuser Busch Inbev in a research note on Friday, September 8th. They set a "buy" rating and a $136.00 target price on the stock.

Several research analysts have recently weighed in on BUD shares. Price Target plays a critical role when it comes to the analysis of a Stock. More to the point, Anheuser-Busch notes that it's checking out Tesla's Semi offering as part of a big overall focus on innovative tech in this sector. The company's current total fleet is close to 750 trucks. The company is also interested in Nikola Motor Co.'s hydrogen-electric semi-trucks, which will reportedly be able to travel between 800 and 1,200 miles on one fill-up versus Tesla's 500 mile range.

Latest News