Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Acquired by TCTC Holdings LLC

TCTC Holdings LLC grew its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUDFree Report) by 51.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,701 shares of the consumer goods maker’s stock after purchasing an additional 578 shares during the period. TCTC Holdings LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $85,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Legacy Investment Solutions LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at $27,000. R Squared Ltd purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $30,000. Rakuten Securities Inc. raised its holdings in shares of Anheuser-Busch InBev SA/NV by 2,722.7% in the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock valued at $31,000 after buying an additional 599 shares during the period. Whipplewood Advisors LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $36,000. Finally, Anchor Investment Management LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 120.6% in the 3rd quarter. Anchor Investment Management LLC now owns 772 shares of the consumer goods maker’s stock valued at $51,000 after buying an additional 422 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

Analyst Ratings Changes

BUD has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. TD Cowen cut their price objective on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a report on Wednesday, January 8th. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $64.00.

View Our Latest Analysis on Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE BUD opened at $63.37 on Tuesday. The stock’s 50-day moving average is $53.23 and its two-hundred day moving average is $56.82. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. 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 market cap of $113.88 billion, a price-to-earnings ratio of 19.56, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96.

Anheuser-Busch InBev SA/NV (NYSE:BUDGet Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $14.84 billion for the quarter, compared to the consensus estimate of $14.07 billion. Analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding BUD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anheuser-Busch InBev SA/NV (NYSE:BUDFree Report).

Institutional Ownership by Quarter for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Receive News & Ratings for Anheuser-Busch InBev SA/NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser-Busch InBev SA/NV and related companies with MarketBeat.com's FREE daily email newsletter.