Aigen Investment Management LP Buys 34,672 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Aigen Investment Management LP raised its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 534.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,155 shares of the consumer goods maker's stock after acquiring an additional 34,672 shares during the quarter. Aigen Investment Management LP's holdings in Anheuser-Busch InBev SA/NV were worth $2,061,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. First Personal Financial Services boosted its position in shares of Anheuser-Busch InBev SA/NV by 51.3% during the 3rd quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker's stock valued at $40,000 after acquiring an additional 205 shares during the last quarter. Callan Capital LLC lifted its position in Anheuser-Busch InBev SA/NV by 2.2% during the fourth quarter. Callan Capital LLC now owns 10,607 shares of the consumer goods maker's stock valued at $531,000 after purchasing an additional 229 shares during the last quarter. Ironwood Investment Counsel LLC grew its stake in Anheuser-Busch InBev SA/NV by 0.4% in the 3rd quarter. Ironwood Investment Counsel LLC now owns 87,515 shares of the consumer goods maker's stock worth $5,801,000 after buying an additional 313 shares in the last quarter. Prime Capital Investment Advisors LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 8.1% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 4,363 shares of the consumer goods maker's stock worth $289,000 after buying an additional 328 shares during the last quarter. Finally, Altman Advisors Inc. raised its position in shares of Anheuser-Busch InBev SA/NV by 1.4% during the 3rd quarter. Altman Advisors Inc. now owns 27,691 shares of the consumer goods maker's stock valued at $1,836,000 after buying an additional 372 shares in the last quarter. Institutional investors own 5.53% of the company's stock.

Analyst Upgrades and Downgrades

BUD has been the topic of a number of research analyst reports. TD Cowen reduced their target price on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating on the stock in a research note on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has an average rating of "Buy" and an average target price of $64.00.

Anheuser-Busch InBev SA/NV Stock Up 0.6 %

Shares of NYSE:BUD opened at $61.11 on Wednesday. The stock's 50-day moving average is $50.96 and its 200 day moving average is $56.74. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The company has a market cap of $109.82 billion, a PE ratio of 18.86, a P/E/G ratio of 1.73 and a beta of 1.08. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, topping the consensus estimate of $0.75 by $0.13. The business had revenue of $14.84 billion for the quarter, compared to analyst estimates of $14.07 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. Sell-side 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.

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