Vise Technologies Inc. Acquires 10,871 Shares of Anheuser-Busch InBev SA/NV $BUD

Vise Technologies Inc. boosted its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 40.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 37,705 shares of the consumer goods maker’s stock after acquiring an additional 10,871 shares during the quarter. Vise Technologies Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $2,415,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BUD. Bogart Wealth LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 3,800.0% in the fourth quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after purchasing an additional 380 shares during the period. Leonteq Securities AG bought a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $48,000. Paradigm Asset Management Co. LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the third quarter valued at approximately $53,000. Fifth Third Bancorp raised its position in shares of Anheuser-Busch InBev SA/NV by 251.6% in the fourth quarter. Fifth Third Bancorp now owns 865 shares of the consumer goods maker’s stock valued at $55,000 after purchasing an additional 619 shares during the period. Finally, Elyxium Wealth LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $64,000. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Up 0.8%

BUD opened at $78.56 on Friday. Anheuser-Busch InBev SA/NV has a fifty-two week low of $56.97 and a fifty-two week high of $84.46. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57. The firm’s fifty day moving average price is $76.80 and its two-hundred day moving average price is $71.72. The company has a market capitalization of $153.23 billion, a P/E ratio of 21.46, a P/E/G ratio of 1.27 and a beta of 0.59.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 12.26%. The company had revenue of $15.27 billion for the quarter. On average, analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.32 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on BUD. The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, May 7th. DZ Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, May 21st. Deutsche Bank Aktiengesellschaft reissued a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, May 6th. JPMorgan Chase & Co. lifted their price target on shares of Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Finally, Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $93.42.

Anheuser-Busch InBev SA/NV Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.