Clarkston Capital Partners LLC increased its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 30.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,493,842 shares of the consumer goods maker's stock after buying an additional 347,000 shares during the period. Anheuser-Busch InBev SA/NV accounts for 1.4% of Clarkston Capital Partners LLC's holdings, making the stock its 24th largest position. Clarkston Capital Partners LLC owned 0.08% of Anheuser-Busch InBev SA/NV worth $74,797,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the stock. Thrivent Financial for Lutherans acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter worth approximately $220,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 37.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker's stock valued at $3,836,000 after purchasing an additional 15,837 shares in the last quarter. FMR LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 7.0% in the 3rd quarter. FMR LLC now owns 732,459 shares of the consumer goods maker's stock valued at $48,555,000 after purchasing an additional 47,684 shares during the last quarter. Townsquare Capital LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter worth $290,000. Finally, Benjamin Edwards Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter worth $476,000. 5.53% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of research firms have issued reports on BUD. Argus upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 target price on the stock in a research report on Thursday, March 27th. Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They set a "buy" rating on the stock. TD Cowen dropped their target price 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 upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. Finally, StockNews.com upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $66.00.
Check Out Our Latest Stock Report on Anheuser-Busch InBev SA/NV
Anheuser-Busch InBev SA/NV Stock Performance
BUD traded up $1.47 during trading on Friday, hitting $62.18. 1,545,520 shares of the company traded hands, compared to its average volume of 1,842,987. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The firm has a market cap of $111.75 billion, a P/E ratio of 19.20, a price-to-earnings-growth ratio of 1.73 and a beta of 0.80. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $67.49. The stock's fifty day moving average is $58.53 and its 200 day moving average is $56.65.
Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.75 by $0.13. The business had revenue of $14.84 billion for the quarter, compared to analysts' expectations of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. As a group, equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.
Anheuser-Busch InBev SA/NV Company Profile
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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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