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

Cerity Partners LLC boosted its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 1.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 61,700 shares of the consumer goods maker’s stock after acquiring an additional 639 shares during the quarter. Cerity Partners LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $3,089,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth about $30,000. Rakuten Securities Inc. boosted its holdings in Anheuser-Busch InBev SA/NV by 2,722.7% in the fourth quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock valued at $31,000 after purchasing an additional 599 shares in the last quarter. Whipplewood Advisors LLC purchased a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $36,000. Empowered Funds LLC purchased a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $49,000. Finally, Hurley Capital LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $49,000. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Up 1.4 %

Shares of Anheuser-Busch InBev SA/NV stock opened at $63.40 on Tuesday. 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 firm has a market cap of $113.94 billion, a price-to-earnings ratio of 19.57, a price-to-earnings-growth ratio of 1.73 and a beta of 0.80. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $67.49. The company’s 50-day simple moving average is $59.09 and its 200-day simple moving average is $56.56.

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, 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 company had revenue of $14.84 billion for the quarter, compared to analyst estimates of $14.07 billion. As a group, equities research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Analyst Ratings Changes

BUD has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. Argus raised 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 report on Thursday, March 27th. TD Cowen reduced their target price 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. StockNews.com upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Thursday, April 3rd. Finally, Berenberg Bank initiated coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $66.00.

Anheuser-Busch InBev SA/NV Company Profile

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.