Balanced Rock Investment Advisors LLC Has $429,000 Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Balanced Rock Investment Advisors LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 4.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,560 shares of the consumer goods maker’s stock after purchasing an additional 361 shares during the period. Balanced Rock Investment Advisors LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $429,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Dodge & Cox increased its holdings in Anheuser-Busch InBev SA/NV by 27.7% in the fourth quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker’s stock valued at $2,002,641,000 after purchasing an additional 8,670,940 shares during the last quarter. Capital International Investors increased its stake in shares of Anheuser-Busch InBev SA/NV by 5.5% in the 4th quarter. Capital International Investors now owns 2,594,619 shares of the consumer goods maker’s stock valued at $129,201,000 after acquiring an additional 134,243 shares during the last quarter. Clarkston Capital Partners LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 30.3% in the 4th quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker’s stock valued at $74,797,000 after acquiring an additional 347,000 shares during the last quarter. Artisan Partners Limited Partnership acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $56,849,000. Finally, Renaissance Technologies LLC boosted its stake in Anheuser-Busch InBev SA/NV by 27.9% during the 4th quarter. Renaissance Technologies LLC now owns 997,700 shares of the consumer goods maker’s stock worth $49,955,000 after acquiring an additional 217,700 shares during the last quarter. Institutional investors own 5.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on BUD shares. StockNews.com downgraded shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. TD Cowen reduced 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 report on Wednesday, January 8th. Berenberg Bank initiated coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They issued a “buy” rating for the company. 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 report on Thursday, March 27th. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $66.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of Anheuser-Busch InBev SA/NV stock opened at $65.55 on Friday. 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 has a market cap of $117.80 billion, a price-to-earnings ratio of 20.23, a price-to-earnings-growth ratio of 1.73 and a beta of 0.80. The stock’s 50-day moving average is $59.94 and its 200-day moving average is $56.66. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released 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 firm had revenue of $14.84 billion for the quarter, compared to analysts’ expectations of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. Equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

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.