Vestmark Advisory Solutions Inc. Buys 9,014 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Vestmark Advisory Solutions Inc. grew its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 74.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,149 shares of the consumer goods maker's stock after purchasing an additional 9,014 shares during the period. Vestmark Advisory Solutions Inc.'s holdings in Anheuser-Busch InBev SA/NV were worth $1,059,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Holocene Advisors LP lifted its stake in shares of Anheuser-Busch InBev SA/NV by 22.8% in the third quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker's stock valued at $287,144,000 after buying an additional 803,257 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $37,311,000. Fisher Asset Management LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 6.0% in the 3rd quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker's stock worth $683,252,000 after acquiring an additional 587,329 shares during the period. Alberta Investment Management Corp acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $28,540,000. Finally, Penn Davis Mcfarland Inc. increased its position in shares of Anheuser-Busch InBev SA/NV by 34.0% during the fourth quarter. Penn Davis Mcfarland Inc. now owns 467,519 shares of the consumer goods maker's stock valued at $23,409,000 after purchasing an additional 118,686 shares during the period. Institutional investors own 5.53% of the company's stock.

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Analysts Set New Price Targets

BUD has been the topic of a number of recent research reports. TD Cowen decreased their price target 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 note on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. One research analyst has rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of $64.00.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock traded up $0.10 during mid-day trading on Tuesday, hitting $62.56. 2,955,083 shares of the company were exchanged, compared to its average volume of 1,823,722. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year 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 has a fifty day moving average of $51.94 and a 200 day moving average of $56.79. The company has a market capitalization of $112.44 billion, a PE ratio of 19.31, 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 earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 net margin of 10.98% and a return on equity of 15.29%. As a group, sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current 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.