XY Capital Ltd Grows Stock Holdings in Anheuser-Busch InBev SA/NV $BUD

XY Capital Ltd lifted its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 740.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 36,961 shares of the consumer goods maker’s stock after buying an additional 32,561 shares during the quarter. Anheuser-Busch InBev SA/NV comprises approximately 1.2% of XY Capital Ltd’s portfolio, making the stock its 21st largest holding. XY Capital Ltd’s holdings in Anheuser-Busch InBev SA/NV were worth $2,203,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in BUD. Salomon & Ludwin LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 494.7% during the 3rd quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock valued at $27,000 after acquiring an additional 371 shares in the last quarter. Mather Group LLC. acquired a new stake in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at $34,000. Elevation Point Wealth Partners LLC purchased a new position in Anheuser-Busch InBev SA/NV in the second quarter valued at about $35,000. Paradigm Asset Management Co. LLC purchased a new position in Anheuser-Busch InBev SA/NV in the third quarter valued at about $53,000. Finally, Rexford Capital Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV during the second quarter worth about $55,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on BUD. Berenberg Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, February 16th. The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 13th. Weiss Ratings restated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, December 29th. Sanford C. Bernstein reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, November 26th. Finally, SBG Securities cut shares of Anheuser-Busch InBev SA/NV to a “hold” rating in a research report on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.00.

Anheuser-Busch InBev SA/NV Trading Up 0.6%

NYSE:BUD opened at $72.35 on Friday. The stock has a market cap of $141.11 billion, a price-to-earnings ratio of 21.03, a price-to-earnings-growth ratio of 1.21 and a beta of 0.54. Anheuser-Busch InBev SA/NV has a one year low of $56.97 and a one year high of $81.56. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. The business’s 50-day simple moving average is $73.17 and its 200 day simple moving average is $65.57.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. The firm had revenue of $15.56 billion during the quarter, compared to analyst estimates of $15.48 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.67% and a net margin of 11.53%.Anheuser-Busch InBev SA/NV’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.88 EPS. As a group, sell-side analysts predict 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 (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.