Hsbc Holdings PLC Takes Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Hsbc Holdings PLC bought a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 177,816 shares of the consumer goods maker's stock, valued at approximately $8,887,000.

A number of other institutional investors have also recently added to or reduced their stakes in BUD. Dodge & Cox lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 27.7% during the fourth quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker's stock worth $2,002,641,000 after purchasing an additional 8,670,940 shares during the period. Artisan Partners Limited Partnership acquired a new position in Anheuser-Busch InBev SA/NV during the 4th quarter worth about $56,849,000. Raymond James Financial Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $37,311,000. Alberta Investment Management Corp acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $28,540,000. Finally, Clarkston Capital Partners LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 30.3% during the fourth quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker's stock worth $74,797,000 after acquiring an additional 347,000 shares during the last quarter. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Trading Down 1.2 %

BUD opened at $65.02 on Monday. The company has a market cap of $116.85 billion, a P/E ratio of 20.07, a price-to-earnings-growth ratio of 1.73 and a beta of 0.80. The company has a fifty day moving average price of $61.53 and a two-hundred day moving average price of $56.56. 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 has a 1-year low of $45.94 and a 1-year high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates 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 business had revenue of $14.84 billion for the quarter, compared to the consensus estimate of $14.07 billion. Analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on BUD. Argus upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 target price on the stock in a report on Thursday, March 27th. StockNews.com upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. Berenberg Bank began coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They issued a "buy" rating for the company. Finally, TD Cowen cut 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 report on Wednesday, January 8th. One research 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's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $66.00.

Anheuser-Busch InBev SA/NV 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.

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