Artisan Partners Limited Partnership Buys New Shares in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Artisan Partners Limited Partnership acquired a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,135,399 shares of the consumer goods maker’s stock, valued at approximately $56,849,000.

Several other institutional investors have also recently made changes to their positions in BUD. Holocene Advisors LP increased its holdings in Anheuser-Busch InBev SA/NV by 22.8% in the 3rd quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock worth $287,144,000 after acquiring an additional 803,257 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth approximately $37,311,000. Alberta Investment Management Corp purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth $28,540,000. Penn Davis Mcfarland Inc. raised its position in shares of Anheuser-Busch InBev SA/NV by 34.0% during the 4th quarter. Penn Davis Mcfarland Inc. now owns 467,519 shares of the consumer goods maker’s stock valued at $23,409,000 after purchasing an additional 118,686 shares during the period. Finally, Sei Investments Co. lifted its stake in shares of Anheuser-Busch InBev SA/NV by 47.3% during the 4th quarter. Sei Investments Co. now owns 321,937 shares of the consumer goods maker’s stock valued at $16,116,000 after buying an additional 103,312 shares in the last quarter. Institutional investors own 5.53% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on BUD. TD Cowen lowered their price objective 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. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. Finally, Argus upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a report on Thursday. One analyst has rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $66.00.

Anheuser-Busch InBev SA/NV Price Performance

NYSE:BUD opened at $62.06 on Friday. The firm has a market capitalization of $111.53 billion, a price-to-earnings ratio of 19.15, a PEG ratio of 1.73 and a beta of 0.96. 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 business has a 50 day simple moving average of $55.62 and a 200-day simple moving average of $56.91. 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 issued its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) 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 company had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. Equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS 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.