Commonwealth Equity Services LLC Increases Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Commonwealth Equity Services LLC lifted its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 9.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 67,739 shares of the consumer goods maker's stock after purchasing an additional 5,664 shares during the period. Commonwealth Equity Services LLC's holdings in Anheuser-Busch InBev SA/NV were worth $3,392,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Thompson Siegel & Walmsley LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 13.5% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 173,098 shares of the consumer goods maker's stock worth $8,667,000 after buying an additional 20,531 shares during the period. Rakuten Securities Inc. grew its stake in shares of Anheuser-Busch InBev SA/NV by 2,722.7% during the fourth quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock worth $31,000 after purchasing an additional 599 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in Anheuser-Busch InBev SA/NV by 25.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,298 shares of the consumer goods maker's stock valued at $65,000 after buying an additional 265 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in Anheuser-Busch InBev SA/NV by 78.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 4,053 shares of the consumer goods maker's stock valued at $203,000 after buying an additional 1,786 shares in the last quarter. Finally, Moors & Cabot Inc. lifted its holdings in Anheuser-Busch InBev SA/NV by 4.6% during the 4th quarter. Moors & Cabot Inc. now owns 5,329 shares of the consumer goods maker's stock worth $267,000 after buying an additional 234 shares during the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

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Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE:BUD traded up $0.23 during trading on Tuesday, reaching $61.76. The company had a trading volume of 1,522,525 shares, compared to its average volume of 1,752,293. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $67.49. 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 stock's fifty day moving average price is $54.71 and its 200 day moving average price is $56.85. The firm has a market capitalization of $110.99 billion, a price-to-earnings ratio of 19.06, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96.

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 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $14.07 billion. As a group, equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Analysts Set New Price Targets

Several analysts have recently weighed in on BUD shares. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. TD Cowen dropped their price objective on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating on the stock in a report on Wednesday, January 8th. One investment 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 MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of "Buy" and an average target price of $64.00.

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.