Invesco Ltd. Invests $3.64 Million in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Invesco Ltd. purchased a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 72,634 shares of the consumer goods maker's stock, valued at approximately $3,637,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. R Squared Ltd purchased a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $30,000. Rakuten Securities Inc. grew its holdings 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 acquiring an additional 599 shares in the last quarter. Whipplewood Advisors LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth $36,000. Anchor Investment Management LLC boosted its position 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 worth $51,000 after acquiring an additional 422 shares in the last quarter. Finally, Empowered Funds LLC purchased a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $49,000. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

BUD has been the subject of several 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 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 Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. TD Cowen reduced their target price on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating for the company in a report on Wednesday, January 8th. Finally, Berenberg Bank began coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They set a "buy" rating on the stock. One research analyst has rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Anheuser-Busch InBev SA/NV currently has a consensus rating of "Buy" and a consensus price target of $66.00.

Anheuser-Busch InBev SA/NV Stock Down 1.2 %

BUD opened at $65.02 on Monday. The firm has a market cap of $116.85 billion, a P/E ratio of 20.07, a PEG ratio of 1.73 and a beta of 0.80. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $67.49. 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 business's fifty day simple moving average is $61.53 and its 200 day simple moving average is $56.56.

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 EPS 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 during the quarter, compared to the consensus estimate of $14.07 billion. As a group, equities research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

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.

Want to see what other hedge funds are holding BUD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.