XTX Topco Ltd Buys New Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

XTX Topco Ltd acquired a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 35,447 shares of the consumer goods maker’s stock, valued at approximately $1,775,000.

Several other hedge funds have also bought and sold shares of BUD. Sterling Capital Management LLC increased its position in Anheuser-Busch InBev SA/NV by 13.2% during the fourth quarter. Sterling Capital Management LLC now owns 14,455 shares of the consumer goods maker’s stock worth $724,000 after buying an additional 1,691 shares during the last quarter. Capital Fund Management S.A. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 291.4% during the 4th quarter. Capital Fund Management S.A. now owns 359,393 shares of the consumer goods maker’s stock worth $17,995,000 after acquiring an additional 267,579 shares during the last quarter. Scotia Capital Inc. raised its stake in Anheuser-Busch InBev SA/NV by 292.4% in the 4th quarter. Scotia Capital Inc. now owns 15,392 shares of the consumer goods maker’s stock valued at $771,000 after acquiring an additional 11,469 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at $37,311,000. Finally, Bank of Nova Scotia bought a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $281,000. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock opened at $62.39 on Monday. The stock has a 50-day moving average price of $58.81 and a two-hundred day moving average price of $56.58. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49. The company has a market capitalization of $112.13 billion, a PE ratio of 19.26, a P/E/G ratio of 1.73 and a beta of 0.80. 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 issued its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. The business had revenue of $14.84 billion during the quarter, compared to analyst estimates of $14.07 billion. Analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Argus raised 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 research 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, April 3rd. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. TD Cowen reduced their price objective on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a research note on Wednesday, January 8th. Finally, Berenberg Bank began coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They issued a “buy” rating for the company. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target 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.