Capricorn Fund Managers Ltd Takes Position in Anheuser-Busch InBev SA/NV $BUD

Capricorn Fund Managers Ltd purchased a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,000 shares of the consumer goods maker’s stock, valued at approximately $1,596,000.

A number of other large investors also recently modified their holdings of BUD. Bogart Wealth LLC increased 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 acquiring an additional 380 shares during the period. Birchwood Financial Partners Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at $26,000. GHP Investment Advisors Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter valued at $32,000. Parkside Financial Bank & Trust increased its holdings in shares of Anheuser-Busch InBev SA/NV by 79.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock worth $32,000 after purchasing an additional 220 shares during the period. Finally, Leonteq Securities AG bought a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter valued at $48,000. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

BUD stock opened at $82.40 on Wednesday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. Anheuser-Busch InBev SA/NV has a 52 week low of $56.97 and a 52 week high of $85.56. The firm’s fifty day moving average is $80.06 and its 200 day moving average is $74.25. The firm has a market cap of $160.72 billion, a P/E ratio of 22.51, a P/E/G ratio of 1.35 and a beta of 0.59.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share for the quarter. The business had revenue of $15.27 billion during the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 16.34%. Research analysts predict that Anheuser-Busch InBev SA/NV will post 4.32 earnings per share for the current year.

Analysts Set New Price Targets

BUD has been the topic of a number of research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, June 1st. DZ Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, May 21st. Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, June 5th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV has an average rating of “Moderate Buy” and a consensus price target of $91.94.

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.