6,643 Shares in Anheuser-Busch InBev SA/NV (NYSE:BUD) Purchased by Kennondale Capital Management LLC

Kennondale Capital Management LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,643 shares of the consumer goods maker's stock, valued at approximately $333,000.

Other institutional investors have also added to or reduced their stakes in the company. Callan Capital LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 2.2% in the 4th quarter. Callan Capital LLC now owns 10,607 shares of the consumer goods maker's stock valued at $531,000 after acquiring an additional 229 shares in the last quarter. Moors & Cabot Inc. increased its position in shares of Anheuser-Busch InBev SA/NV by 4.6% during the 4th quarter. Moors & Cabot Inc. now owns 5,329 shares of the consumer goods maker's stock valued at $267,000 after purchasing an additional 234 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 25.7% during the 4th quarter. Farther Finance Advisors LLC now owns 1,298 shares of the consumer goods maker's stock valued at $65,000 after purchasing an additional 265 shares during the last quarter. Ironwood Investment Counsel LLC grew its position in Anheuser-Busch InBev SA/NV by 0.4% during the 3rd quarter. Ironwood Investment Counsel LLC now owns 87,515 shares of the consumer goods maker's stock worth $5,801,000 after acquiring an additional 313 shares during the last quarter. Finally, Altman Advisors Inc. grew its position in Anheuser-Busch InBev SA/NV by 1.4% during the 3rd quarter. Altman Advisors Inc. now owns 27,691 shares of the consumer goods maker's stock worth $1,836,000 after acquiring an additional 372 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company's stock.

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Anheuser-Busch InBev SA/NV Trading Down 0.4 %

NYSE BUD traded down $0.25 on Friday, hitting $62.80. The company's stock had a trading volume of 2,131,029 shares, compared to its average volume of 1,755,844. 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 current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The company's 50-day simple moving average is $54.41 and its 200 day simple moving average is $56.93. The firm has a market cap of $112.86 billion, a P/E ratio of 19.38, a PEG ratio of 1.73 and a beta of 0.96.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.13. The business had revenue of $14.84 billion during the quarter, compared to analysts' expectations of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. Research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. TD Cowen reduced their price target 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 analyst has rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $64.00.

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.