Heron Bay Capital Management Has $4.66 Million Stock Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Heron Bay Capital Management decreased its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 5.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,049 shares of the consumer goods maker's stock after selling 5,202 shares during the quarter. Heron Bay Capital Management's holdings in Anheuser-Busch InBev SA/NV were worth $4,659,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of BUD. Legacy Investment Solutions LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the third quarter worth $27,000. R Squared Ltd acquired a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $30,000. Rakuten Securities Inc. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 2,722.7% in the fourth quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock worth $31,000 after acquiring an additional 599 shares in the last quarter. Whipplewood Advisors LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth about $36,000. Finally, Anchor Investment Management LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 120.6% during the 3rd 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 in the last quarter. 5.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

BUD has been the subject of a number of research reports. Argus raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 target price for the company in a research note on Thursday. TD Cowen dropped their price objective on shares of 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. Finally, Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $66.00.

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Anheuser-Busch InBev SA/NV Stock Up 0.3 %

Anheuser-Busch InBev SA/NV stock traded up $0.19 during mid-day trading on Thursday, reaching $62.06. The company's stock had a trading volume of 2,362,348 shares, compared to its average volume of 1,755,277. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49. The business's 50 day simple moving average is $55.62 and its 200 day simple moving average is $56.91. The company has a market capitalization of $111.53 billion, a price-to-earnings ratio of 19.15, 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 earnings per share 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 company had revenue of $14.84 billion during the quarter, compared to analysts' expectations of $14.07 billion. As a group, research 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.