BNP Paribas Takes $1.92 Million Position in Anheuser-Busch InBev SA/NV $BUD

BNP Paribas acquired a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 30,000 shares of the consumer goods maker’s stock, valued at approximately $1,921,000.

A number of other hedge funds also recently made changes to their positions in the business. Bogart Wealth LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 3,800.0% during the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock worth $25,000 after purchasing an additional 380 shares during the last quarter. Leonteq Securities AG bought a new position in Anheuser-Busch InBev SA/NV during the 4th quarter worth $48,000. Paradigm Asset Management Co. LLC bought a new position in Anheuser-Busch InBev SA/NV during the 3rd quarter worth $53,000. Fifth Third Bancorp increased its stake in Anheuser-Busch InBev SA/NV by 251.6% during the 4th quarter. Fifth Third Bancorp now owns 865 shares of the consumer goods maker’s stock worth $55,000 after acquiring an additional 619 shares during the period. Finally, Elyxium Wealth LLC bought a new position in Anheuser-Busch InBev SA/NV during the 4th quarter worth $64,000. 5.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BUD has been the topic of a number of research analyst reports. Wells Fargo & Company raised their target price on Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, May 6th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 19th. JPMorgan Chase & Co. raised their target price on Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the company an “overweight” rating in a report on Thursday, May 7th. Finally, SBG Securities downgraded Anheuser-Busch InBev SA/NV to a “hold” rating in a report on Monday, March 2nd. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $93.42.

Anheuser-Busch InBev SA/NV Stock Performance

BUD stock opened at $80.57 on Wednesday. The stock has a 50-day moving average price of $75.94 and a 200-day moving average price of $71.35. Anheuser-Busch InBev SA/NV has a 1-year low of $56.97 and a 1-year high of $84.46. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74. The firm has a market cap of $157.14 billion, a PE ratio of 22.01, a price-to-earnings-growth ratio of 1.29 and a beta of 0.59.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 12.26% and a net margin of 11.90%.The firm had revenue of $15.27 billion during the quarter. As a group, equities research analysts expect that Anheuser-Busch InBev SA/NV will post 4.32 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.