OLD Mission Capital LLC acquired a new position in shares of Anheuser Busch Inbev NV (NYSE:BUD) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 28,749 shares of the consumer goods maker’s stock, valued at approximately $3,207,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Goodwin Daniel L purchased a new stake in Anheuser Busch Inbev during the fourth quarter worth approximately $892,000. Fieldpoint Private Securities LLC grew its stake in Anheuser Busch Inbev by 332.7% during the third quarter. Fieldpoint Private Securities LLC now owns 2,380 shares of the consumer goods maker’s stock worth $284,000 after buying an additional 1,830 shares during the period. Port Capital LLC purchased a new stake in Anheuser Busch Inbev during the fourth quarter worth approximately $5,610,000. US Bancorp DE grew its stake in Anheuser Busch Inbev by 2.3% during the fourth quarter. US Bancorp DE now owns 237,068 shares of the consumer goods maker’s stock worth $26,447,000 after buying an additional 5,412 shares during the period. Finally, Turim 21 Investimentos Ltda. purchased a new stake in Anheuser Busch Inbev during the third quarter worth approximately $58,623,000. Institutional investors own 5.87% of the company’s stock.
BUD has been the subject of several research reports. Susquehanna Bancshares set a $132.00 price objective on shares of Anheuser Busch Inbev and gave the stock a “hold” rating in a research note on Thursday, November 30th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Anheuser Busch Inbev in a research note on Tuesday, December 5th. Zacks Investment Research downgraded shares of Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a research note on Wednesday, December 27th. Jefferies Group set a $134.00 price objective on shares of Anheuser Busch Inbev and gave the stock a “buy” rating in a research note on Thursday, January 11th. Finally, Deutsche Bank upgraded shares of Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a research note on Wednesday, January 17th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $126.02.
Anheuser Busch Inbev (NYSE:BUD) last announced its earnings results on Thursday, March 1st. The consumer goods maker reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.06. The business had revenue of $14.60 billion during the quarter, compared to the consensus estimate of $14.49 billion. Anheuser Busch Inbev had a net margin of 14.17% and a return on equity of 19.47%. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.43 earnings per share. analysts anticipate that Anheuser Busch Inbev NV will post 5.06 EPS for the current fiscal year.
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About Anheuser Busch Inbev
Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.
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