Soroban Capital Partners LP Has Increased By $149.77 Million Its Anheuser Busch Inbev Sa/Nv (BUD) Stake; Thl Credit (TCRD) Shorts Raised By 57.99%

July 17, 2017 - By Marguerite Chambers

Soroban Capital Partners Lp increased Anheuser Busch Inbev Sa/Nv (BUD) stake by 16.19% reported in 2016Q4 SEC filing. Soroban Capital Partners Lp acquired 1.43 million shares as Anheuser Busch Inbev Sa/Nv (BUD)’s stock rose 8.45%. The Soroban Capital Partners Lp holds 10.24M shares with $1.08B value, up from 8.81M last quarter. Anheuser Busch Inbev Sa/Nv now has $193.54B valuation. The stock declined 0.04% or $0.05 reaching $114.21 on the news. About 1.89M shares traded or 44.27% up from the average. Anheuser Busch Inbev NV (ADR) (NYSE:BUD) has declined 3.55% since July 17, 2016 and is downtrending. It has underperformed by 20.25% the S&P500.

Thl Credit Incorporated (NASDAQ:TCRD) had an increase of 57.99% in short interest. TCRD’s SI was 280,900 shares in July as released by FINRA. Its up 57.99% from 177,800 shares previously. With 121,300 avg volume, 2 days are for Thl Credit Incorporated (NASDAQ:TCRD)’s short sellers to cover TCRD’s short positions. About 72,352 shares traded. THL Credit, Inc. (NASDAQ:TCRD) has declined 4.64% since July 17, 2016 and is downtrending. It has underperformed by 21.34% the S&P500.

Since March 14, 2017, it had 5 buys, and 0 selling transactions for $98,180 activity. Shares for $48,250 were bought by Tillinghast Sam W. on Tuesday, March 14. Olson Terrence W. had bought 750 shares worth $7,260 on Tuesday, March 14. $19,240 worth of stock was bought by Rusnak-Carlson Sabrina on Tuesday, March 14. 900 THL Credit, Inc. (NASDAQ:TCRD) shares with value of $8,910 were bought by Flynn Christopher J..

Investors sentiment increased to 1.5 in 2016 Q4. Its up 0.63, from 0.87 in 2016Q3. It improved, as 10 investors sold THL Credit, Inc. shares while 18 reduced holdings. 21 funds opened positions while 21 raised stakes. 12.29 million shares or 5.43% more from 11.66 million shares in 2016Q3 were reported. Morgan Stanley has 0% invested in THL Credit, Inc. (NASDAQ:TCRD). Sumitomo Mitsui Asset Ltd holds 0.02% of its portfolio in THL Credit, Inc. (NASDAQ:TCRD) for 106,993 shares. Highlander Capital Mngmt Lc, a New Jersey-based fund reported 64,007 shares. The Illinois-based Rivernorth Cap Ltd Com has invested 0.42% in THL Credit, Inc. (NASDAQ:TCRD). Alliancebernstein Lp has invested 0% in THL Credit, Inc. (NASDAQ:TCRD). Ares Mgmt Lc owns 1.02 million shares or 0.58% of their US portfolio. Omega Advisors Inc reported 110,000 shares or 0.05% of all its holdings. 22,002 were accumulated by Gsa Prtn Limited Liability Partnership. Private Advisor Grp Incorporated owns 50,251 shares for 0.02% of their portfolio. Cetera Advisors Ltd Llc stated it has 21,830 shares. Silver Cap Ltd Liability Corporation accumulated 42,663 shares. Hudock Capital Grp Inc Ltd has 0% invested in THL Credit, Inc. (NASDAQ:TCRD) for 380 shares. Advisory Research stated it has 114,373 shares. Creative Planning accumulated 0% or 3,657 shares. 908,199 are held by Advsrs Asset Management.

Among 8 analysts covering THL Credit (NASDAQ:TCRD), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. THL Credit had 13 analyst reports since August 7, 2015 according to SRatingsIntel. The company was maintained on Friday, August 12 by Citigroup. The stock of THL Credit, Inc. (NASDAQ:TCRD) earned “Outperform” rating by Keefe Bruyette & Woods on Friday, February 19. On Tuesday, March 15 the stock rating was maintained by Deutsche Bank with “Buy”. The rating was maintained by National Securities on Friday, August 7 with “Neutral”. The firm has “Buy” rating by TheStreet given on Saturday, September 5. The firm has “Market Perform” rating by Wells Fargo given on Friday, August 5. The firm earned “Hold” rating on Tuesday, August 11 by Zacks. Maxim Group maintained THL Credit, Inc. (NASDAQ:TCRD) rating on Monday, November 9. Maxim Group has “Buy” rating and $13.25 target. The rating was initiated by Janney Capital on Friday, June 17 with “Neutral”. The stock of THL Credit, Inc. (NASDAQ:TCRD) earned “Buy” rating by Deutsche Bank on Tuesday, August 11.

THL Credit, Inc. is an externally managed, non-diversified closed-end management investment company. The company has market cap of $335.20 million. The Company’s investment objective is to generate both current income and capital appreciation, primarily through investments in privately negotiated debt and equity securities of lower middle market companies. It has a 14.9 P/E ratio. The Firm is a direct lender to lower middle-market companies and invests primarily in directly originated first lien senior secured loans, including unitranche investments.

Investors sentiment decreased to 1 in 2016 Q4. Its down 0.02, from 1.02 in 2016Q3. It dropped, as 66 investors sold BUD shares while 144 reduced holdings. 61 funds opened positions while 150 raised stakes. 78.58 million shares or 13.08% less from 90.41 million shares in 2016Q3 were reported. Wright Invsts Service Incorporated holds 12,873 shares or 0.59% of its portfolio. Hexavest Inc has 0% invested in Anheuser Busch Inbev NV (ADR) (NYSE:BUD) for 350 shares. Moreover, Vantage Investment Advisors Limited Liability Corp has 0.02% invested in Anheuser Busch Inbev NV (ADR) (NYSE:BUD) for 362 shares. Forbes J M Llp holds 62,923 shares. 1St Global Advsr reported 0.03% stake. Williams Jones & Assocs Ltd Liability Corporation holds 0.01% or 4,900 shares. Kanaly reported 0% of its portfolio in Anheuser Busch Inbev NV (ADR) (NYSE:BUD). Check Mgmt Incorporated Ca reported 0.03% in Anheuser Busch Inbev NV (ADR) (NYSE:BUD). 191,175 are held by Envestnet Asset Mngmt. Advsr Asset Mngmt Inc accumulated 27,754 shares. The California-based Eqis Capital Management Incorporated has invested 0.03% in Anheuser Busch Inbev NV (ADR) (NYSE:BUD). Ngam Advisors Lp, Massachusetts-based fund reported 87,723 shares. Motco invested 0% of its portfolio in Anheuser Busch Inbev NV (ADR) (NYSE:BUD). Loring Wolcott Coolidge Fiduciary Advsrs Llp Ma has invested 0.01% in Anheuser Busch Inbev NV (ADR) (NYSE:BUD). Atria Invs Limited Company has 0.02% invested in Anheuser Busch Inbev NV (ADR) (NYSE:BUD).

Among 21 analysts covering Anheuser-Busch InBev (NYSE:BUD), 13 have Buy rating, 1 Sell and 7 Hold. Therefore 62% are positive. Anheuser-Busch InBev had 35 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Anheuser Busch Inbev NV (ADR) (NYSE:BUD) has “Neutral” rating given on Tuesday, October 11 by JP Morgan. The stock of Anheuser Busch Inbev NV (ADR) (NYSE:BUD) has “Buy” rating given on Thursday, September 17 by Sterne Agee CRT. The stock of Anheuser Busch Inbev NV (ADR) (NYSE:BUD) has “Outperform” rating given on Monday, November 16 by BNP Paribas. Berenberg upgraded the stock to “Buy” rating in Friday, November 13 report. The stock of Anheuser Busch Inbev NV (ADR) (NYSE:BUD) earned “Underperform” rating by RBC Capital Markets on Wednesday, July 6. On Monday, October 10 the stock rating was maintained by RBC Capital Markets with “Underperform”. The company was upgraded on Tuesday, December 8 by HSBC. Jefferies maintained Anheuser Busch Inbev NV (ADR) (NYSE:BUD) rating on Tuesday, June 27. Jefferies has “Buy” rating and $13200 target. The rating was downgraded by HSBC to “Hold” on Monday, November 14. The stock of Anheuser Busch Inbev NV (ADR) (NYSE:BUD) earned “Buy” rating by Liberum Capital on Monday, October 3.

Soroban Capital Partners Lp decreased Verizon Communications Inc (Call) (NYSE:VZ) stake by 2.50M shares to 11.75 million valued at $627.22 million in 2016Q4. It also reduced Priceline Grp Inc (NASDAQ:PCLN) stake by 32,289 shares and now owns 119,311 shares. Amazon Com Inc (Call) (NASDAQ:AMZN) was reduced too.

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