Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Acquired by Clarkston Capital Partners LLC

Clarkston Capital Partners LLC boosted its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 30.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,493,842 shares of the consumer goods maker’s stock after acquiring an additional 347,000 shares during the quarter. Anheuser-Busch InBev SA/NV accounts for about 1.4% of Clarkston Capital Partners LLC’s portfolio, making the stock its 24th biggest holding. Clarkston Capital Partners LLC owned 0.08% of Anheuser-Busch InBev SA/NV worth $74,797,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BUD. Callan Capital LLC grew its holdings in shares of 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 period. Moors & Cabot Inc. boosted its holdings in Anheuser-Busch InBev SA/NV by 4.6% in the 4th quarter. Moors & Cabot Inc. now owns 5,329 shares of the consumer goods maker’s stock valued at $267,000 after purchasing an additional 234 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 25.7% in 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 period. Legacy Investment Solutions LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter worth approximately $27,000. Finally, Anchor Investment Management LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 120.6% during the 3rd quarter. Anchor Investment Management LLC now owns 772 shares of the consumer goods maker’s stock valued at $51,000 after buying an additional 422 shares during the period. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

BUD has been the subject of several analyst reports. Argus upgraded 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 report on Thursday, March 27th. Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday. They set a “buy” rating for the company. StockNews.com upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. Finally, TD Cowen reduced their price target on shares of 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. One analyst has rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $66.00.

Anheuser-Busch InBev SA/NV Stock Down 3.0 %

Shares of NYSE:BUD opened at $60.99 on Friday. The firm has a market capitalization of $109.61 billion, a PE ratio of 18.82, a price-to-earnings-growth ratio of 1.73 and a beta of 0.80. 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 debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The firm’s 50-day moving average is $57.26 and its two-hundred day moving average is $56.75.

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