Callan Family Office LLC Takes $1.40 Million Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Callan Family Office LLC acquired a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,901 shares of the consumer goods maker's stock, valued at approximately $1,397,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of BUD. Charles Schwab Investment Management Inc. raised its holdings in shares of Anheuser-Busch InBev SA/NV by 37.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker's stock worth $3,836,000 after purchasing an additional 15,837 shares during the last quarter. Alberta Investment Management Corp acquired a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter worth about $28,540,000. Fisher Asset Management LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 6.0% during the 3rd quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker's stock valued at $683,252,000 after buying an additional 587,329 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 15.8% in the 4th quarter. Blue Trust Inc. now owns 3,409 shares of the consumer goods maker's stock valued at $171,000 after buying an additional 464 shares during the period. Finally, B&D White Capital Company LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $290,000. Institutional investors and hedge funds own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD traded up $0.10 during trading hours on Tuesday, reaching $62.56. The company's stock had a trading volume of 2,955,085 shares, compared to its average volume of 1,823,723. The firm has a market capitalization of $112.44 billion, a price-to-earnings ratio of 19.31, a P/E/G ratio of 1.73 and a beta of 0.96. The company's 50-day moving average is $51.94 and its two-hundred day moving average is $56.79. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.49.

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Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The business had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. On average, equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Wall Street Analyst Weigh In

BUD has been the subject of several recent research reports. TD Cowen reduced their price target on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating for the company in a research report 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 analyst has rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $64.00.

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.