Mirabella Financial Services LLP Acquires Shares of 5,459 Anheuser-Busch InBev SA/NV (NYSE:BUD)

Mirabella Financial Services LLP bought a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD) during the 4th quarter, HoldingsChannel reports. The fund bought 5,459 shares of the consumer goods maker’s stock, valued at approximately $273,000.

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

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. TD Cowen lowered their price objective on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research report on Wednesday, January 8th. StockNews.com downgraded shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research report on Wednesday, April 16th. Argus upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price target for the company in a research report on Thursday, March 27th. Finally, Berenberg Bank initiated coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They issued a “buy” rating on the stock. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from 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 NYSE:BUD opened at $65.62 on Tuesday. The firm’s 50 day simple moving average is $60.50 and its 200 day simple moving average is $56.52. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $67.49. The company has a market capitalization of $117.93 billion, a price-to-earnings ratio of 20.25, a P/E/G ratio of 1.73 and a beta of 0.80. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted 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 company had revenue of $14.84 billion for the quarter, compared to analyst estimates of $14.07 billion. As a group, sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share 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.