Vestmark Advisory Solutions Inc. Raises Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Vestmark Advisory Solutions Inc. boosted its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 74.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,149 shares of the consumer goods maker’s stock after purchasing an additional 9,014 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $1,059,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Hara Capital LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter valued at $72,000. Assetmark Inc. raised its stake in Anheuser-Busch InBev SA/NV by 12.7% in the 3rd quarter. Assetmark Inc. now owns 43,218 shares of the consumer goods maker’s stock valued at $2,865,000 after acquiring an additional 4,863 shares during the period. First Personal Financial Services lifted its holdings in Anheuser-Busch InBev SA/NV by 51.3% during the third quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock valued at $40,000 after purchasing an additional 205 shares during the last quarter. Tyler Stone Wealth Management boosted its position in Anheuser-Busch InBev SA/NV by 100.0% during the third quarter. Tyler Stone Wealth Management now owns 4,200 shares of the consumer goods maker’s stock worth $278,000 after purchasing an additional 2,100 shares during the period. Finally, Seafarer Capital Partners LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 11.2% in the third quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker’s stock worth $70,201,000 after purchasing an additional 107,000 shares in the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Up 1.1 %

Shares of Anheuser-Busch InBev SA/NV stock opened at $63.11 on Friday. The company’s 50-day moving average price is $51.69 and its 200-day moving average price is $56.84. 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 has a 12-month low of $45.94 and a 12-month high of $67.49. The company has a market cap of $113.41 billion, a price-to-earnings ratio of 19.48, a PEG ratio of 1.73 and a beta of 0.96.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) 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 the consensus estimate of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. On average, equities analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. TD Cowen cut 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 report on Wednesday, January 8th. One analyst has rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $64.00.

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.