Fisher Asset Management LLC Has $504.95 Million Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Fisher Asset Management LLC lessened its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,084,798 shares of the consumer goods maker's stock after selling 222,216 shares during the period. Fisher Asset Management LLC owned approximately 0.56% of Anheuser-Busch InBev SA/NV worth $504,946,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in BUD. Ashton Thomas Securities LLC bought a new stake in Anheuser-Busch InBev SA/NV during the third quarter worth $26,000. Legacy Investment Solutions LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter worth $27,000. R Squared Ltd bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth $30,000. Whipplewood Advisors LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $36,000. Finally, First Personal Financial Services grew its position in Anheuser-Busch InBev SA/NV by 51.3% in the third quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker's stock valued at $40,000 after acquiring an additional 205 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. 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 for the company in a 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 research report on Monday. One research analyst has rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $64.00.

Remove Ads

Anheuser-Busch InBev SA/NV Price Performance

BUD traded up $1.21 on Wednesday, reaching $62.29. The stock had a trading volume of 3,223,928 shares, compared to its average volume of 1,812,087. The firm has a 50-day moving average of $50.96 and a 200-day moving average of $56.74. 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 market capitalization of $111.95 billion, a price-to-earnings ratio of 19.23, a price-to-earnings-growth ratio of 1.73 and a beta of 1.08. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85.

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, 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 business had revenue of $14.84 billion during the quarter, compared to analyst estimates of $14.07 billion. As a group, sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS 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.