Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Purchased by Aquatic Capital Management LLC

Aquatic Capital Management LLC raised its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 596.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,496 shares of the consumer goods maker’s stock after acquiring an additional 115,196 shares during the quarter. Aquatic Capital Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $6,734,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Alberta Investment Management Corp acquired a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $28,540,000. B&D White Capital Company LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth $290,000. Blue Trust Inc. increased its position in shares of Anheuser-Busch InBev SA/NV by 15.8% during the fourth quarter. Blue Trust Inc. now owns 3,409 shares of the consumer goods maker’s stock worth $171,000 after acquiring an additional 464 shares during the period. Clarkston Capital Partners LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 30.3% in the fourth quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker’s stock valued at $74,797,000 after acquiring an additional 347,000 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at $37,311,000. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Argus upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a report on Thursday, March 27th. 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. StockNews.com upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Thursday. Berenberg Bank began coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They issued a “buy” rating on the stock. Finally, 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 for the company in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $66.00.

Anheuser-Busch InBev SA/NV Stock Down 1.2 %

BUD stock opened at $65.02 on Friday. The stock has a market cap of $116.85 billion, a P/E ratio of 20.07, a PEG 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 twelve month low of $45.94 and a twelve month high of $67.49. The company’s 50 day moving average is $61.53 and its two-hundred day moving average is $56.61.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.13. The firm 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%. Research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal 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.