Causeway Capital Management LLC Increases Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Causeway Capital Management LLC grew its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 12.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 574,298 shares of the consumer goods maker's stock after buying an additional 65,691 shares during the quarter. Causeway Capital Management LLC's holdings in Anheuser-Busch InBev SA/NV were worth $28,755,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Charles Schwab Investment Management Inc. grew its position 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 buying an additional 15,837 shares during the last quarter. Alberta Investment Management Corp bought a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $28,540,000. B&D White Capital Company LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter valued at approximately $290,000. Blue Trust Inc. raised its holdings in Anheuser-Busch InBev SA/NV by 15.8% during the 4th quarter. Blue Trust Inc. now owns 3,409 shares of the consumer goods maker's stock worth $171,000 after purchasing an additional 464 shares during the last quarter. Finally, Clarkston Capital Partners LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 30.3% in the 4th quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker's stock worth $74,797,000 after purchasing an additional 347,000 shares during the period. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on BUD. 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. Berenberg Bank began coverage on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They set a "buy" rating on the stock. StockNews.com downgraded shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Wednesday. TD Cowen dropped their price target 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. Finally, Argus raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price objective for the company in a research note on Thursday, March 27th. Two investment 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 stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $66.00.

Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD traded up $0.91 during trading hours on Friday, hitting $65.55. The company had a trading volume of 3,321,557 shares, compared to its average volume of 1,870,358. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The firm has a market capitalization of $117.80 billion, a price-to-earnings ratio of 20.23, a PEG ratio of 1.73 and a beta of 0.80. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $67.49. The firm has a 50 day simple moving average of $60.23 and a 200 day simple moving average of $56.66.

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 EPS for the quarter, beating the consensus estimate of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. The company had revenue of $14.84 billion during the quarter, compared to analysts' expectations of $14.07 billion. Equities research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share 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.