West Family Investments Inc. Increases Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

West Family Investments Inc. raised its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 27.9% during the fourth quarter, HoldingsChannel reports. The firm owned 5,576 shares of the consumer goods maker’s stock after purchasing an additional 1,215 shares during the period. West Family Investments Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $279,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Hara Capital LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter valued at $72,000. Assetmark Inc. grew its position in Anheuser-Busch InBev SA/NV by 12.7% during the 3rd quarter. Assetmark Inc. now owns 43,218 shares of the consumer goods maker’s stock worth $2,865,000 after acquiring an additional 4,863 shares during the last quarter. First Personal Financial Services grew its position in Anheuser-Busch InBev SA/NV by 51.3% during the 3rd quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock worth $40,000 after acquiring an additional 205 shares during the last quarter. Tyler Stone Wealth Management lifted its position in Anheuser-Busch InBev SA/NV by 100.0% in the third quarter. Tyler Stone Wealth Management now owns 4,200 shares of the consumer goods maker’s stock valued at $278,000 after purchasing an additional 2,100 shares during the last quarter. Finally, Seafarer Capital Partners LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 11.2% during the third quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker’s stock valued at $70,201,000 after purchasing an additional 107,000 shares during the period. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of Anheuser-Busch InBev SA/NV stock opened at $63.11 on Friday. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49. The firm has a market capitalization of $113.41 billion, a P/E ratio of 19.48, a P/E/G ratio of 1.73 and a beta of 0.96. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The business has a fifty day simple moving average of $51.69 and a two-hundred day simple moving average of $56.84.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, topping the consensus estimate of $0.75 by $0.13. The business had revenue of $14.84 billion for the quarter, compared to analyst estimates of $14.07 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. On average, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages 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 research note on Monday, March 3rd. 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 on the stock in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, Anheuser-Busch InBev SA/NV presently has an average rating of “Buy” and an average price target of $64.00.

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.