Moors & Cabot Inc. Increases Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Moors & Cabot Inc. lifted its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 4.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,329 shares of the consumer goods maker’s stock after acquiring an additional 234 shares during the period. Moors & Cabot Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $267,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Fisher Asset Management LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 6.0% during the 3rd quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock worth $683,252,000 after acquiring an additional 587,329 shares during the period. Holocene Advisors LP raised its holdings in shares of Anheuser-Busch InBev SA/NV by 22.8% during 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 during the period. Douglass Winthrop Advisors LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 2.9% during the 3rd quarter. Douglass Winthrop Advisors LLC now owns 1,286,674 shares of the consumer goods maker’s stock worth $85,294,000 after acquiring an additional 35,757 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth $37,311,000. Finally, FMR LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 7.0% during the 3rd quarter. FMR LLC now owns 732,459 shares of the consumer goods maker’s stock worth $48,555,000 after acquiring an additional 47,684 shares during the period. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Analyst Upgrades and Downgrades

BUD has been the topic of several analyst reports. TD Cowen reduced their price target 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. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. One analyst has rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Anheuser-Busch InBev SA/NV has an average rating of “Buy” and a consensus price target of $64.00.

Anheuser-Busch InBev SA/NV Stock Up 1.6 %

Shares of BUD opened at $62.40 on Monday. The firm has a market cap of $112.14 billion, a P/E ratio of 19.26, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $67.49. The company’s 50-day moving average price is $52.94 and its 200 day moving average price is $56.81. 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 (NYSE:BUD) last released its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.13. The company had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. On average, sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current 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.