Headlands Technologies LLC Increases Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Headlands Technologies LLC increased its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 705.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,579 shares of the consumer goods maker's stock after purchasing an additional 53,938 shares during the quarter. Headlands Technologies LLC's holdings in Anheuser-Busch InBev SA/NV were worth $3,083,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Legacy Investment Solutions LLC purchased a new position in Anheuser-Busch InBev SA/NV in the third quarter valued at about $27,000. R Squared Ltd acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $30,000. Rakuten Securities Inc. increased its stake 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 purchasing an additional 599 shares in the last quarter. Whipplewood Advisors LLC acquired a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth $36,000. Finally, Empowered Funds LLC purchased a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter worth $49,000. Institutional investors and hedge funds own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Trading Down 3.0 %

BUD stock traded down $1.91 during midday trading on Friday, hitting $60.99. The stock had a trading volume of 4,073,100 shares, compared to its average volume of 2,404,450. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $67.49. The firm has a market cap of $109.61 billion, a PE ratio of 18.82, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. The company's 50-day moving average price is $57.02 and its 200 day moving average price is $56.83. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51.

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Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its earnings results 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 return on equity of 15.29% and a net margin of 10.98%. The firm had revenue of $14.84 billion during the quarter, compared to analyst estimates of $14.07 billion. On average, equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on BUD shares. Argus raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price target for the company in a research note on Thursday, March 27th. Berenberg Bank assumed coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday. They issued a "buy" rating on the stock. StockNews.com raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Thursday. TD Cowen reduced their target price 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, 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. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Buy" and an average price target of $66.00.

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.