Strategic Global Advisors LLC Acquires New Stake in Anheuser-Busch InBev SA/NV $BUD

Strategic Global Advisors LLC acquired a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,692 shares of the consumer goods maker’s stock, valued at approximately $493,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Bogart Wealth LLC raised its stake in 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 valued at $25,000 after purchasing an additional 380 shares during the last quarter. Parkside Financial Bank & Trust raised its stake in Anheuser-Busch InBev SA/NV by 79.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after purchasing an additional 220 shares during the last quarter. Leonteq Securities AG acquired a new position in Anheuser-Busch InBev SA/NV in the 4th quarter valued at $48,000. Fifth Third Bancorp raised its stake in 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 valued at $55,000 after purchasing an additional 619 shares during the last quarter. Finally, Paradigm Asset Management Co. LLC acquired a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at $53,000. 5.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on BUD shares. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, May 6th. JPMorgan Chase & Co. raised their target price on Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. SBG Securities downgraded Anheuser-Busch InBev SA/NV to a “hold” rating in a research note on Monday, March 2nd. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 5th. Eleven research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $93.42.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $81.54 on Tuesday. The stock has a market cap of $159.04 billion, a PE ratio of 22.28, a P/E/G ratio of 1.34 and a beta of 0.59. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74. Anheuser-Busch InBev SA/NV has a twelve month low of $56.97 and a twelve month high of $84.46. The stock has a fifty day simple moving average of $78.25 and a 200-day simple moving average of $72.61.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share for the quarter. The business had revenue of $15.27 billion during the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 16.34% and a net margin of 11.90%. Equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.32 earnings per share for the current year.

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.