Savoir Faire Capital Management L.P. Buys 14,901 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Savoir Faire Capital Management L.P. grew its position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 15.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 108,435 shares of the consumer goods maker's stock after purchasing an additional 14,901 shares during the quarter. Anheuser-Busch InBev SA/NV comprises approximately 2.6% of Savoir Faire Capital Management L.P.'s investment portfolio, making the stock its 15th biggest position. Savoir Faire Capital Management L.P.'s holdings in Anheuser-Busch InBev SA/NV were worth $5,429,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in BUD. Huber Capital Management LLC increased its position in Anheuser-Busch InBev SA/NV by 12.9% during the 4th quarter. Huber Capital Management LLC now owns 43,900 shares of the consumer goods maker's stock worth $2,198,000 after buying an additional 5,000 shares during the period. ExodusPoint Capital Management LP increased its position in Anheuser-Busch InBev SA/NV by 205.5% during the fourth quarter. ExodusPoint Capital Management LP now owns 47,091 shares of the consumer goods maker's stock worth $2,358,000 after acquiring an additional 31,675 shares during the period. Trexquant Investment LP raised its stake in Anheuser-Busch InBev SA/NV by 884.4% in the 4th quarter. Trexquant Investment LP now owns 219,149 shares of the consumer goods maker's stock worth $10,973,000 after purchasing an additional 196,887 shares in the last quarter. Headlands Technologies LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 705.9% in the 4th quarter. Headlands Technologies LLC now owns 61,579 shares of the consumer goods maker's stock valued at $3,083,000 after purchasing an additional 53,938 shares during the period. Finally, OLD Mission Capital LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 45.6% during the 4th quarter. OLD Mission Capital LLC now owns 345,049 shares of the consumer goods maker's stock worth $17,277,000 after purchasing an additional 108,146 shares in the last quarter. Institutional investors own 5.53% of the company's stock.

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Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock traded up $0.24 during mid-day trading on Wednesday, reaching $58.76. The company had a trading volume of 1,797,283 shares, compared to its average volume of 1,819,615. The business has a fifty day simple moving average of $57.82 and a 200 day simple moving average of $56.65. The company has a market cap of $105.60 billion, a P/E ratio of 18.14, a P/E/G ratio of 1.73 and a beta of 0.80. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. 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 issued its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, topping 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 analyst estimates of $14.07 billion. On average, equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on BUD. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. Argus raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price target for the company in a report on Thursday, March 27th. StockNews.com upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Thursday, April 3rd. Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a "buy" rating on the stock. Finally, TD Cowen lowered their price target 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. One investment analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Buy" and a consensus price target 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.