1,135,399 Shares in Anheuser-Busch InBev SA/NV (NYSE:BUD) Acquired by Artisan Partners Limited Partnership

Artisan Partners Limited Partnership bought a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 1,135,399 shares of the consumer goods maker's stock, valued at approximately $56,849,000. Artisan Partners Limited Partnership owned approximately 0.06% of Anheuser-Busch InBev SA/NV at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Taikang Asset Management Hong Kong Co Ltd purchased a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $2,003,000. Congress Wealth Management LLC DE grew its holdings in shares of Anheuser-Busch InBev SA/NV by 64.5% in the fourth quarter. Congress Wealth Management LLC DE now owns 5,278 shares of the consumer goods maker's stock valued at $264,000 after acquiring an additional 2,070 shares in the last quarter. LPL Financial LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 32.7% during the fourth quarter. LPL Financial LLC now owns 160,261 shares of the consumer goods maker's stock valued at $8,024,000 after acquiring an additional 39,483 shares during the last quarter. Sei Investments Co. lifted its holdings in Anheuser-Busch InBev SA/NV by 47.3% during the fourth quarter. Sei Investments Co. now owns 321,937 shares of the consumer goods maker's stock worth $16,116,000 after acquiring an additional 103,312 shares during the period. Finally, American Century Companies Inc. boosted its position in Anheuser-Busch InBev SA/NV by 18.9% in the fourth quarter. American Century Companies Inc. now owns 214,637 shares of the consumer goods maker's stock worth $10,747,000 after purchasing an additional 34,059 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company's stock.

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Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on BUD. 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. Argus raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price objective on the stock in a research report on Thursday. Finally, TD Cowen dropped their target price on shares of 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. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $66.00.

Anheuser-Busch InBev SA/NV Stock Performance

BUD traded down $0.48 during trading hours on Monday, hitting $61.57. The stock had a trading volume of 1,178,826 shares, compared to its average volume of 1,774,629. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49. The company's fifty day simple moving average is $55.90 and its 200 day simple moving average is $56.80. The stock has a market cap of $110.64 billion, a PE ratio of 19.01, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $14.07 billion. Equities analysts anticipate 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.