Anheuser-Busch InBev SA/NV (NYSE:BUD) Holdings Raised by Integrated Investment Consultants LLC

Integrated Investment Consultants LLC boosted its stake in Anheuser-Busch InBev SA/NV (NYSE:BUDFree Report) by 10.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,255 shares of the consumer goods maker’s stock after buying an additional 2,692 shares during the quarter. Integrated Investment Consultants LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,826,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. DAVENPORT & Co LLC lifted its position in Anheuser-Busch InBev SA/NV by 25.9% in the 4th quarter. DAVENPORT & Co LLC now owns 1,507,181 shares of the consumer goods maker’s stock worth $97,415,000 after buying an additional 309,977 shares in the last quarter. Bill & Melinda Gates Foundation Trust acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter worth $96,594,000. Northwest Investment Counselors LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 12.6% during the 3rd quarter. Northwest Investment Counselors LLC now owns 1,887 shares of the consumer goods maker’s stock worth $104,000 after purchasing an additional 211 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 232.4% during the 4th quarter. SG Americas Securities LLC now owns 25,052 shares of the consumer goods maker’s stock worth $1,619,000 after purchasing an additional 17,516 shares during the last quarter. Finally, QRG Capital Management Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter worth $1,449,000. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. BNP Paribas lowered shares of Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a research note on Friday, January 12th. Jefferies Financial Group upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and raised their target price for the company from $60.00 to $76.00 in a research note on Wednesday, January 10th. Finally, TD Cowen lowered their target price on shares of Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 5th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $71.70.

Read Our Latest Research Report on Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $60.24 on Thursday. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48. The firm has a market capitalization of $104.65 billion, a price-to-earnings ratio of 22.73, a P/E/G ratio of 1.92 and a beta of 1.13. The company’s fifty day moving average is $61.96 and its two-hundred day moving average is $60.55. Anheuser-Busch InBev SA/NV has a 52-week low of $51.66 and a 52-week high of $67.01.

Anheuser-Busch InBev SA/NV (NYSE:BUDGet Free Report) last posted its earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. The business had revenue of $14.47 billion for the quarter, compared to analysts’ expectations of $15.34 billion. Anheuser-Busch InBev SA/NV had a net margin of 8.99% and a return on equity of 13.57%. During the same quarter in the previous year, the firm posted $0.98 earnings per share. Equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

About Anheuser-Busch InBev SA/NV

(Free Report)

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.

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Institutional Ownership by Quarter for Anheuser-Busch InBev SA/NV (NYSE:BUD)

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