Virtu Financial LLC Buys Shares of 47,500 Anheuser-Busch InBev SA/NV (NYSE:BUD)

Virtu Financial LLC bought a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 47,500 shares of the consumer goods maker's stock, valued at approximately $2,378,000.

A number of other large investors have also recently made changes to their positions in BUD. Callan Capital LLC lifted its stake in Anheuser-Busch InBev SA/NV by 2.2% in the fourth quarter. Callan Capital LLC now owns 10,607 shares of the consumer goods maker's stock valued at $531,000 after buying an additional 229 shares during the last quarter. Moors & Cabot Inc. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 4.6% in the 4th quarter. Moors & Cabot Inc. now owns 5,329 shares of the consumer goods maker's stock valued at $267,000 after acquiring an additional 234 shares during the period. Farther Finance Advisors LLC raised its position in Anheuser-Busch InBev SA/NV by 25.7% in 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 boosted its stake 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 purchasing an additional 313 shares during the period. Finally, Legacy Investment Solutions LLC purchased a new position in Anheuser-Busch InBev SA/NV during the 3rd quarter worth $27,000. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD traded up $0.19 during trading hours on Thursday, hitting $62.06. 2,362,348 shares of the stock were exchanged, compared to its average volume of 1,755,133. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $67.49. The stock has a 50-day moving average of $55.32 and a 200 day moving average of $56.88. The company has a market cap of $111.53 billion, a price-to-earnings ratio of 19.15, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85.

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Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued 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. 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 during the quarter, compared to the consensus estimate of $14.07 billion. As a group, equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently commented on BUD. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. Argus raised 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 research note on Thursday. Finally, TD Cowen lowered their target price on 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. One analyst has rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $66.00.

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.