Huber Capital Management LLC Has $2.20 Million Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Huber Capital Management LLC raised its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 12.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 43,900 shares of the consumer goods maker's stock after buying an additional 5,000 shares during the quarter. Huber Capital Management LLC's holdings in Anheuser-Busch InBev SA/NV were worth $2,198,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Legacy Investment Solutions LLC acquired a new position in Anheuser-Busch InBev SA/NV in the third quarter valued at about $27,000. R Squared Ltd acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $30,000. Rakuten Securities Inc. increased its stake in Anheuser-Busch InBev SA/NV by 2,722.7% during the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock worth $31,000 after purchasing an additional 599 shares in the last quarter. Whipplewood Advisors LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $36,000. Finally, Empowered Funds LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $49,000. Institutional investors and hedge funds own 5.53% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. 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. TD Cowen lowered 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. Argus upgraded shares of 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 note on Thursday, March 27th. StockNews.com upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Thursday. Finally, Berenberg Bank initiated coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday. They issued a "buy" rating for the company. One investment analyst has rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $66.00.

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Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD traded down $1.91 during trading on Friday, reaching $60.99. 4,302,682 shares of the company's stock were exchanged, compared to its average volume of 1,793,694. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The business has a 50 day moving average price of $57.26 and a 200-day moving average price of $56.75. The stock has a market capitalization of $109.61 billion, a P/E ratio of 18.82, a PEG ratio of 1.73 and a beta of 0.80. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week 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, beating 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 analysts' expectations of $14.07 billion. Sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal 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.