Hillman Capital Management Inc. lessened its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) by 8.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 82,631 shares of the consumer goods maker’s stock after selling 8,107 shares during the period. Anheuser-Busch InBev SA/NV accounts for about 3.3% of Hillman Capital Management Inc.’s portfolio, making the stock its 9th biggest position. Hillman Capital Management Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $5,292,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of BUD. Victory Capital Management Inc. boosted its position in Anheuser-Busch InBev SA/NV by 53.7% in the 3rd quarter. Victory Capital Management Inc. now owns 828,670 shares of the consumer goods maker’s stock worth $49,397,000 after purchasing an additional 289,431 shares in the last quarter. Fisher Asset Management LLC boosted its position in Anheuser-Busch InBev SA/NV by 3.3% in the 4th quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker’s stock worth $728,801,000 after purchasing an additional 368,721 shares in the last quarter. Aquatic Capital Management LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the 3rd quarter worth approximately $5,355,000. Alberta Investment Management Corp boosted its position in Anheuser-Busch InBev SA/NV by 30.4% in the 3rd quarter. Alberta Investment Management Corp now owns 730,000 shares of the consumer goods maker’s stock worth $43,515,000 after purchasing an additional 170,000 shares in the last quarter. Finally, Accredited Wealth Management LLC boosted its position in Anheuser-Busch InBev SA/NV by 1,967.7% in the 3rd quarter. Accredited Wealth Management LLC now owns 8,064 shares of the consumer goods maker’s stock worth $481,000 after purchasing an additional 7,674 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on BUD shares. JPMorgan Chase & Co. upped their price objective on Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. DZ Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, May 21st. Weiss Ratings restated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, June 1st. Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 19th. Finally, Barclays restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Eleven investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Moderate Buy” and a consensus target price of $93.42.
Anheuser-Busch InBev SA/NV Trading Up 1.1%
Shares of NYSE:BUD opened at $82.34 on Wednesday. Anheuser-Busch InBev SA/NV has a 1 year low of $56.97 and a 1 year high of $84.46. The firm has a market capitalization of $160.60 billion, a price-to-earnings ratio of 22.50, a price-to-earnings-growth ratio of 1.32 and a beta of 0.59. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57. The business’s 50 day moving average price is $78.47 and its 200-day moving average price is $72.76.
Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report) last announced its earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share (EPS) for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 16.34% and a net margin of 11.90%.The firm had revenue of $15.27 billion for the quarter. On average, equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 4.32 earnings per share for the current fiscal year.
Anheuser-Busch InBev SA/NV Company Profile
Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.
AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.
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