Hsbc Holdings PLC Takes Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Hsbc Holdings PLC bought a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 177,816 shares of the consumer goods maker’s stock, valued at approximately $8,887,000.

A number of other institutional investors have also recently added to or reduced their stakes in BUD. Dodge & Cox lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 27.7% during the fourth quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker’s stock worth $2,002,641,000 after purchasing an additional 8,670,940 shares during the period. Artisan Partners Limited Partnership acquired a new position in Anheuser-Busch InBev SA/NV during the 4th quarter worth about $56,849,000. Raymond James Financial Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $37,311,000. Alberta Investment Management Corp acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $28,540,000. Finally, Clarkston Capital Partners LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 30.3% during the fourth quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker’s stock worth $74,797,000 after acquiring an additional 347,000 shares during the last quarter. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Trading Down 1.2 %

BUD opened at $65.02 on Monday. The company has a market cap of $116.85 billion, a P/E ratio of 20.07, a price-to-earnings-growth ratio of 1.73 and a beta of 0.80. The company has a fifty day moving average price of $61.53 and a two-hundred day moving average price of $56.56. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The business 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 fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on BUD. Argus upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 target price on the stock in a report on Thursday, March 27th. StockNews.com upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research 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 report on Monday, March 3rd. Berenberg Bank began coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They issued a “buy” rating for the company. Finally, TD Cowen cut 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 report on Wednesday, January 8th. One research analyst has rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $66.00.

Anheuser-Busch InBev SA/NV 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.