Anheuser-Busch InBev SA/NV (NYSE:BUD) Short Interest Update

Anheuser-Busch InBev SA/NV (NYSE:BUD) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 5,930,000 shares, a growth of 20.3% from the February 28th total of 4,930,000 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 2,320,000 shares, the short-interest ratio is presently 2.6 days.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

Several hedge funds and other institutional investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its position in Anheuser-Busch InBev SA/NV by 37.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker’s stock worth $3,836,000 after purchasing an additional 15,837 shares during the last quarter. Alberta Investment Management Corp purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at about $28,540,000. B&D White Capital Company LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at approximately $290,000. Blue Trust Inc. raised its stake in Anheuser-Busch InBev SA/NV by 15.8% during the 4th quarter. Blue Trust Inc. now owns 3,409 shares of the consumer goods maker’s stock worth $171,000 after acquiring an additional 464 shares during the period. Finally, Raymond James Financial Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth approximately $37,311,000. 5.53% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Anheuser-Busch InBev SA/NV Stock Up 1.5 %

Shares of NYSE BUD traded up $0.96 during trading on Thursday, reaching $63.06. The company had a trading volume of 2,906,927 shares, compared to its average volume of 1,782,335. 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 quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The business’s 50-day moving average is $56.73 and its 200 day moving average is $56.79. The stock has a market cap of $113.33 billion, a PE ratio of 19.46, a P/E/G ratio of 1.73 and a beta of 0.96.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results 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 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%. As a group, equities analysts forecast 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.