Heron Bay Capital Management Has $4.66 Million Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Heron Bay Capital Management reduced its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 5.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 93,049 shares of the consumer goods maker’s stock after selling 5,202 shares during the quarter. Heron Bay Capital Management’s holdings in Anheuser-Busch InBev SA/NV were worth $4,659,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Sei Investments Co. increased its holdings in Anheuser-Busch InBev SA/NV by 47.3% in the fourth quarter. Sei Investments Co. now owns 321,937 shares of the consumer goods maker’s stock worth $16,116,000 after purchasing an additional 103,312 shares in the last quarter. American Century Companies Inc. grew its position in shares of Anheuser-Busch InBev SA/NV by 18.9% during the 4th quarter. American Century Companies Inc. now owns 214,637 shares of the consumer goods maker’s stock worth $10,747,000 after buying an additional 34,059 shares during the period. Virtu Financial LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $2,378,000. Whittier Trust Co. acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at $168,000. Finally, Koss Olinger Consulting LLC boosted its stake in Anheuser-Busch InBev SA/NV by 2.3% during the fourth quarter. Koss Olinger Consulting LLC now owns 37,602 shares of the consumer goods maker’s stock worth $1,883,000 after acquiring an additional 862 shares in the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on BUD. TD Cowen decreased their price target on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research note on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $64.00.

Anheuser-Busch InBev SA/NV Stock Performance

BUD opened at $62.80 on Friday. 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 $112.86 billion, a price-to-earnings ratio of 19.38, a PEG ratio of 1.73 and a beta of 0.96. The company’s fifty day moving average price is $54.41 and its two-hundred day moving average price is $56.90. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.13. The company 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, analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Company 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.