OLD Mission Capital LLC Buys 108,146 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

OLD Mission Capital LLC increased its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 45.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 345,049 shares of the consumer goods maker's stock after purchasing an additional 108,146 shares during the quarter. Anheuser-Busch InBev SA/NV makes up approximately 0.3% of OLD Mission Capital LLC's investment portfolio, making the stock its 27th biggest position. OLD Mission Capital LLC's holdings in Anheuser-Busch InBev SA/NV were worth $17,277,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Legacy Investment Solutions LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the third quarter worth about $27,000. R Squared Ltd purchased a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $30,000. Rakuten Securities Inc. raised 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 acquiring an additional 599 shares during the period. Whipplewood Advisors LLC purchased a new position in Anheuser-Busch InBev SA/NV during the fourth quarter valued at approximately $36,000. Finally, Empowered Funds LLC purchased a new position in Anheuser-Busch InBev SA/NV during the fourth quarter valued at approximately $49,000. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on BUD. TD Cowen decreased 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 research report on Wednesday, January 8th. Berenberg Bank started coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday. They set a "buy" rating on the stock. StockNews.com raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note 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. Finally, Argus raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price objective for the company in a report on Thursday, March 27th. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $66.00.

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Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD traded down $1.91 during trading on Friday, hitting $60.99. 4,302,682 shares of the stock traded hands, compared to its average volume of 1,794,534. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $67.49. The firm has a 50-day simple moving average of $57.26 and a 200-day simple moving average of $56.80. The company has a market capitalization of $109.61 billion, a P/E ratio of 18.82, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its quarterly earnings results 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. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. The company had revenue of $14.84 billion for the quarter, compared to analysts' expectations of $14.07 billion. As a group, analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV Company 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.