Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Purchased by Scotia Capital Inc.

Scotia Capital Inc. grew its position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 292.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,392 shares of the consumer goods maker's stock after purchasing an additional 11,469 shares during the period. Scotia Capital Inc.'s holdings in Anheuser-Busch InBev SA/NV were worth $771,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of BUD. Raymond James Financial Inc. purchased a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter worth approximately $37,311,000. Bank of Nova Scotia purchased a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter worth $281,000. Renaissance Technologies LLC increased its holdings in Anheuser-Busch InBev SA/NV by 27.9% in the 4th quarter. Renaissance Technologies LLC now owns 997,700 shares of the consumer goods maker's stock valued at $49,955,000 after purchasing an additional 217,700 shares in the last quarter. Invesco Ltd. purchased a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $3,637,000. Finally, Cerity Partners LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 1.0% in the fourth quarter. Cerity Partners LLC now owns 61,700 shares of the consumer goods maker's stock worth $3,089,000 after buying an additional 639 shares during the period. Hedge funds and other institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Up 1.4 %

NYSE BUD traded up $0.91 on Friday, hitting $65.55. 3,321,557 shares of the stock traded hands, compared to its average volume of 1,868,722. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The stock has a 50-day moving average of $59.94 and a 200 day moving average of $56.66. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $67.49. The company has a market capitalization of $117.80 billion, a P/E ratio of 20.23, a price-to-earnings-growth ratio of 1.73 and a beta of 0.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.13. The firm 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, analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. StockNews.com lowered Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Wednesday. Berenberg Bank started coverage on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a "buy" rating for the company. Argus raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price target on the stock in a research note on Thursday, March 27th. TD Cowen decreased their price objective 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 report on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. Two analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $66.00.

About Anheuser-Busch InBev SA/NV

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.