Mirabella Financial Services LLP Takes Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Mirabella Financial Services LLP purchased a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 5,459 shares of the consumer goods maker's stock, valued at approximately $273,000.

Several other hedge funds and other institutional investors also recently modified their holdings of BUD. Dodge & Cox lifted its stake in 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 last quarter. Capital International Investors lifted its position in Anheuser-Busch InBev SA/NV by 5.5% in the 4th quarter. Capital International Investors now owns 2,594,619 shares of the consumer goods maker's stock worth $129,201,000 after buying an additional 134,243 shares during the last quarter. Clarkston Capital Partners LLC boosted its stake in Anheuser-Busch InBev SA/NV by 30.3% in 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 buying an additional 347,000 shares in the last quarter. Artisan Partners Limited Partnership bought a new position in Anheuser-Busch InBev SA/NV during the fourth quarter valued at approximately $56,849,000. Finally, Renaissance Technologies LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 27.9% during the fourth quarter. Renaissance Technologies LLC now owns 997,700 shares of the consumer goods maker's stock worth $49,955,000 after acquiring an additional 217,700 shares in the last quarter. Hedge funds and other institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Trading Down 0.6 %

Shares of Anheuser-Busch InBev SA/NV stock traded down $0.38 during midday trading on Thursday, reaching $65.84. 1,450,167 shares of the company's stock traded hands, compared to its average volume of 1,864,495. The stock has a 50 day moving average of $61.29 and a 200-day moving average of $56.66. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49. The company has a market cap of $118.33 billion, a PE ratio of 20.32, a price-to-earnings-growth ratio of 1.73 and a beta of 0.80. 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 (NYSE:BUD - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS 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 analyst estimates of $14.07 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. As a group, equities analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

BUD has been the topic of several recent research reports. Argus raised shares of 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. Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They set a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. StockNews.com upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Thursday. Finally, TD Cowen lowered their price objective on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating for the company in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently 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.