Trexquant Investment LP Buys 196,887 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Trexquant Investment LP increased its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 884.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 219,149 shares of the consumer goods maker’s stock after acquiring an additional 196,887 shares during the period. Trexquant Investment LP’s holdings in Anheuser-Busch InBev SA/NV were worth $10,973,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Callan Capital LLC lifted its position in Anheuser-Busch InBev SA/NV by 2.2% in the fourth quarter. Callan Capital LLC now owns 10,607 shares of the consumer goods maker’s stock valued at $531,000 after purchasing an additional 229 shares during the last quarter. Moors & Cabot Inc. increased its stake in shares of Anheuser-Busch InBev SA/NV by 4.6% in the fourth quarter. Moors & Cabot Inc. now owns 5,329 shares of the consumer goods maker’s stock worth $267,000 after buying an additional 234 shares during the period. Farther Finance Advisors LLC raised its holdings in Anheuser-Busch InBev SA/NV by 25.7% during the 4th quarter. Farther Finance Advisors LLC now owns 1,298 shares of the consumer goods maker’s stock valued at $65,000 after buying an additional 265 shares during the last quarter. Legacy Investment Solutions LLC purchased a new stake in Anheuser-Busch InBev SA/NV during the 3rd quarter valued at $27,000. Finally, Anchor Investment Management LLC grew its holdings in 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 worth $51,000 after acquiring an additional 422 shares during the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on BUD shares. Argus raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price objective for the company in a research note on Thursday, March 27th. TD Cowen lowered their price target on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research report on Wednesday, January 8th. Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday. They issued a “buy” rating for the company. Finally, Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. One research analyst has rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Buy” and a consensus price target of $66.00.

Anheuser-Busch InBev SA/NV Trading Up 0.8 %

BUD opened at $62.09 on Thursday. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $67.49. The stock has a market cap of $111.59 billion, a PE ratio of 19.16, a PEG ratio of 1.73 and a beta of 0.96. The business has a 50 day moving average of $56.73 and a 200-day moving average of $56.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, beating the consensus estimate of $0.75 by $0.13. The business had revenue of $14.84 billion during the quarter, compared to analyst estimates of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. Equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

About Anheuser-Busch InBev SA/NV

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.