Koss Olinger Consulting LLC Increases Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Koss Olinger Consulting LLC increased its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 2.3% in the 4th quarter, Holdings Channel reports. The fund owned 37,602 shares of the consumer goods maker’s stock after buying an additional 862 shares during the quarter. Koss Olinger Consulting LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,883,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BUD. Holocene Advisors LP grew its position in Anheuser-Busch InBev SA/NV by 22.8% in the third quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock worth $287,144,000 after acquiring an additional 803,257 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter worth $37,311,000. Fisher Asset Management LLC lifted its stake in Anheuser-Busch InBev SA/NV by 6.0% in the third quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock worth $683,252,000 after purchasing an additional 587,329 shares during the last quarter. Alberta Investment Management Corp bought a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter worth $28,540,000. Finally, Penn Davis Mcfarland Inc. lifted its stake in Anheuser-Busch InBev SA/NV by 34.0% in the fourth quarter. Penn Davis Mcfarland Inc. now owns 467,519 shares of the consumer goods maker’s stock worth $23,409,000 after purchasing an additional 118,686 shares during the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on BUD. TD Cowen lowered their price target on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research note on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $64.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE:BUD opened at $63.51 on Wednesday. The company has a market cap of $114.13 billion, a price-to-earnings ratio of 19.60, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. The company has a 50-day moving average price of $53.51 and a 200-day moving average price of $56.84. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, beating the consensus estimate of $0.75 by $0.13. The firm had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. As a group, equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV Company Profile

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.