Forum Financial Management LP Has $417,000 Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Forum Financial Management LP boosted its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 144.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,326 shares of the consumer goods maker's stock after purchasing an additional 4,925 shares during the quarter. Forum Financial Management LP's holdings in Anheuser-Busch InBev SA/NV were worth $417,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. R Squared Ltd acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth about $30,000. Rakuten Securities Inc. increased its position in Anheuser-Busch InBev SA/NV by 2,722.7% in the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock valued at $31,000 after acquiring an additional 599 shares during the period. Whipplewood Advisors LLC acquired a new position in Anheuser-Busch InBev SA/NV during the 4th quarter worth $36,000. Anchor Investment Management LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 120.6% during the third quarter. Anchor Investment Management LLC now owns 772 shares of the consumer goods maker's stock valued at $51,000 after purchasing an additional 422 shares during the period. Finally, Empowered Funds LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter worth about $49,000. 5.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have commented on BUD. 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. Argus upgraded 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 report on Thursday, March 27th. StockNews.com raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Thursday. Berenberg Bank started coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They issued a "buy" rating on the stock. Finally, TD Cowen reduced 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. One analyst has rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $66.00.

Anheuser-Busch InBev SA/NV Trading Down 1.2 %

Shares of BUD stock traded down $0.81 during trading hours on Friday, reaching $65.02. 2,080,230 shares of the stock traded hands, compared to its average volume of 1,867,663. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The firm has a market capitalization of $116.85 billion, a PE ratio of 20.07, a PEG ratio of 1.73 and a beta of 0.80. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.49. The business has a fifty day moving average price of $61.53 and a 200 day moving average price of $56.67.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (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 for the quarter, compared to the consensus estimate of $14.07 billion. On average, equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

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.