May Hill Capital LLC Makes New Investment in Anheuser-Busch InBev SA/NV $BUD

May Hill Capital LLC bought a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 7,760 shares of the consumer goods maker’s stock, valued at approximately $497,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Bogart Wealth LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 3,800.0% in the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock worth $25,000 after acquiring an additional 380 shares during the period. Fifth Third Bancorp grew its holdings in shares of Anheuser-Busch InBev SA/NV by 251.6% in the 4th quarter. Fifth Third Bancorp now owns 865 shares of the consumer goods maker’s stock worth $55,000 after acquiring an additional 619 shares during the period. Paradigm Asset Management Co. LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter worth approximately $53,000. Ameriflex Group Inc. grew its holdings in shares of Anheuser-Busch InBev SA/NV by 975.2% in the 3rd quarter. Ameriflex Group Inc. now owns 1,258 shares of the consumer goods maker’s stock worth $75,000 after acquiring an additional 1,141 shares during the period. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $88,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

BUD stock opened at $80.95 on Monday. Anheuser-Busch InBev SA/NV has a 1 year low of $56.97 and a 1 year high of $82.91. 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 stock’s 50 day moving average price is $73.75 and its 200 day moving average price is $69.80. The firm has a market cap of $157.88 billion, a P/E ratio of 22.12, a PEG ratio of 1.34 and a beta of 0.57.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted 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 12.26% and a net margin of 11.90%.The firm had revenue of $15.27 billion for the quarter. On average, sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 4.27 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. The Goldman Sachs Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, May 7th. DZ Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 20th. Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft restated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, May 6th. Finally, Wells Fargo & Company upped their price target on Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $93.42.

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.