7 hours Ago By Defense World Staff
Russell Investments Group Ltd. lessened its position in shares of Anheuser-Busch InBev SA/NV ( NYSE:BUD – Free Report ) by 18.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The fund owned 2,567 shares of the consumer goods maker’s stock after selling 569 shares during the period. Russell Investments Group Ltd.’s holdings in Anheuser-Busch InBev SA/NV were worth $129,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. R Squared Ltd purchased a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter valued at about $30,000. Rakuten Securities Inc.
lifted its stake in shares of Anheuser-Busch InBev SA/NV by 2,722.7% during the 4th quarter. Rakuten Securities Inc.
now owns 621 shares of the consumer goods maker’s stock valued at $31,000 after buying an additional 599 shares in the last quarter. Whipplewood Advisors LLC bought a new position in Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $36,000. Anchor Investment Management LLC grew its stake in Anheuser-Busch InBev SA/NV by 120.
6% in the 3rd quarter. Anchor Investment Management LLC now owns 772 shares of the consumer goods maker’s stock valued at $51,000 after buying an additional 422 shares in the last quarter. Finally, Empowered Funds LLC bought a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter valued at $49,000.
Institutional investors own 5.53% of the company’s stock. Analyst Upgrades and Downgrades A number of research firms have recently commented on BUD.
Argus raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price target for the company in a report on Thursday, March 27th. TD Cowen reduced their target price on Anheuser-Busch InBev SA/NV from $65.
00 to $55.00 and set a “hold” rating for the company in a report on Wednesday, January 8th. Berenberg Bank assumed coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd.
They issued a “buy” rating on the stock. StockNews.com raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Thursday.
Finally, 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. One research 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 company’s stock. According to data from MarketBeat.
com, the company presently has an average rating of “Buy” and a consensus target price of $66.00. Anheuser-Busch InBev SA/NV Price Performance Shares of NYSE:BUD opened at $65.
02 on Friday. The company’s fifty day moving average price is $61.53 and its 200-day moving average price is $56.
67. 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 firm has a market capitalization of $116.
85 billion, a price-to-earnings ratio of 20.07, a PEG ratio of 1.73 and a beta of 0.
80. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $67.
49. Anheuser-Busch InBev SA/NV ( NYSE:BUD – Get Free Report ) 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 the consensus estimate of $0.75 by $0.13.
The firm had revenue of $14.84 billion during the quarter, compared to analyst estimates 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 fiscal year. Anheuser-Busch InBev SA/NV Company Profile ( Free Report ) 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. Further Reading Five stocks we like better than Anheuser-Busch InBev SA/NV What Does a Gap Up Mean in Stocks? How to Play the Gap Short Sellers Gave Up on These 3 Names Recently What is diluted earnings per share (Diluted EPS)? 3 Boring Stocks Outperforming the Market This Year 5 Top Rated Dividend Stocks to Consider If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy Receive News & Ratings for Anheuser-Busch InBev SA/NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser-Busch InBev SA/NV and related companies with MarketBeat.com's FREE daily email newsletter .
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