Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Purchased by Clarkston Capital Partners LLC

Clarkston Capital Partners LLC boosted its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 30.3% in the 4th quarter, HoldingsChannel reports. The fund owned 1,493,842 shares of the consumer goods maker’s stock after acquiring an additional 347,000 shares during the period. Anheuser-Busch InBev SA/NV accounts for about 1.4% of Clarkston Capital Partners LLC’s portfolio, making the stock its 24th biggest holding. Clarkston Capital Partners LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $74,797,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Artisan Partners Limited Partnership acquired a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at $56,849,000. Raymond James Financial Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth about $37,311,000. Alberta Investment Management Corp acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth about $28,540,000. Trexquant Investment LP boosted its holdings in Anheuser-Busch InBev SA/NV by 884.4% in the fourth quarter. Trexquant Investment LP now owns 219,149 shares of the consumer goods maker’s stock valued at $10,973,000 after purchasing an additional 196,887 shares in the last quarter. Finally, Penn Davis Mcfarland Inc. boosted its holdings in Anheuser-Busch InBev SA/NV by 34.0% in the fourth 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 in the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD opened at $60.99 on Friday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $67.49. The firm has a 50-day simple moving average of $57.26 and a 200-day simple moving average of $56.75. The company has a market capitalization of $109.61 billion, a price-to-earnings ratio of 18.82, a price-to-earnings-growth ratio of 1.73 and a beta of 0.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data 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. The company had revenue of $14.84 billion during the quarter, compared to analysts’ expectations 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, equities research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on BUD shares. Berenberg Bank started coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday. They set a “buy” rating for the company. 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. Argus raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price objective on the stock in a report on Thursday, March 27th. StockNews.com raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Thursday. Finally, TD Cowen cut 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 research report on Wednesday, January 8th. One research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $66.00.

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.