Edmond DE Rothschild Holding S.A. decreased its position in Anheuser Busch Inbev NV (NYSE:BUD) by 14.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,220 shares of the consumer goods maker’s stock after selling 710 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Anheuser Busch Inbev were worth $278,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of BUD. Franklin Resources Inc. grew its holdings in Anheuser Busch Inbev by 44.5% in the third quarter. Franklin Resources Inc. now owns 7,714,058 shares of the consumer goods maker’s stock valued at $675,521,000 after purchasing an additional 2,377,177 shares during the last quarter. Clearbridge Investments LLC grew its holdings in Anheuser Busch Inbev by 5.8% in the third quarter. Clearbridge Investments LLC now owns 7,809,706 shares of the consumer goods maker’s stock valued at $683,896,000 after purchasing an additional 429,408 shares during the last quarter. Morgan Stanley grew its holdings in Anheuser Busch Inbev by 6.2% in the third quarter. Morgan Stanley now owns 4,729,784 shares of the consumer goods maker’s stock valued at $414,186,000 after purchasing an additional 274,995 shares during the last quarter. SG Americas Securities LLC grew its holdings in Anheuser Busch Inbev by 108.7% in the third quarter. SG Americas Securities LLC now owns 21,167 shares of the consumer goods maker’s stock valued at $1,854,000 after purchasing an additional 263,481 shares during the last quarter. Finally, Geo Capital Gestora de Recursos Ltd acquired a new stake in Anheuser Busch Inbev in the fourth quarter valued at $13,161,000. 4.38% of the stock is currently owned by institutional investors.
BUD opened at $81.25 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.41 and a debt-to-equity ratio of 1.47. The firm has a market cap of $137.58 billion, a P/E ratio of 23.62, a P/E/G ratio of 2.76 and a beta of 1.15. Anheuser Busch Inbev NV has a 52 week low of $64.54 and a 52 week high of $113.49.
Anheuser Busch Inbev (NYSE:BUD) last posted its quarterly earnings data on Thursday, February 28th. The consumer goods maker reported $0.80 EPS for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.35). The company had revenue of $14.25 billion for the quarter, compared to analyst estimates of $14.11 billion. Anheuser Busch Inbev had a net margin of 8.00% and a return on equity of 18.43%. The firm’s revenue was down 2.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.04 EPS. Equities analysts predict that Anheuser Busch Inbev NV will post 4.8 earnings per share for the current fiscal year.
Several research firms have weighed in on BUD. Royal Bank of Canada lowered Anheuser Busch Inbev from a “top pick” rating to a “sector perform” rating and set a $75.00 target price on the stock. in a report on Thursday, March 7th. Macquarie increased their price objective on Anheuser Busch Inbev from $80.00 to $84.00 and gave the company a “neutral” rating in a research note on Friday, March 1st. Societe Generale assumed coverage on Anheuser Busch Inbev in a research note on Friday, February 1st. They set a “hold” rating on the stock. Zacks Investment Research lowered Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a research note on Thursday, January 17th. Finally, Jefferies Financial Group lowered Anheuser Busch Inbev from a “hold” rating to an “underperform” rating and set a $62.00 price objective on the stock. in a research note on Wednesday, January 16th. Five equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. Anheuser Busch Inbev has a consensus rating of “Hold” and an average price target of $104.23.
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About Anheuser Busch Inbev
Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol.
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