Artisan Partners Limited Partnership Invests $56.85 Million in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Artisan Partners Limited Partnership bought a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,135,399 shares of the consumer goods maker’s stock, valued at approximately $56,849,000. Artisan Partners Limited Partnership owned 0.06% of Anheuser-Busch InBev SA/NV at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Holocene Advisors LP increased its stake in shares of Anheuser-Busch InBev SA/NV by 22.8% in the third quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock worth $287,144,000 after buying an additional 803,257 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $37,311,000. FMR LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 7.0% during the third quarter. FMR LLC now owns 732,459 shares of the consumer goods maker’s stock valued at $48,555,000 after acquiring an additional 47,684 shares during the last quarter. Alberta Investment Management Corp purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth about $28,540,000. Finally, Penn Davis Mcfarland Inc. grew its stake in shares of Anheuser-Busch InBev SA/NV by 34.0% in the fourth quarter. Penn Davis Mcfarland Inc. now owns 467,519 shares of the consumer goods maker’s stock worth $23,409,000 after purchasing an additional 118,686 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

BUD has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. 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 research note on Thursday. Finally, 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 report on Wednesday, January 8th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $66.00.

Anheuser-Busch InBev SA/NV Stock Performance

BUD stock opened at $62.06 on Friday. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49. The company has a market cap of $111.53 billion, a P/E ratio of 19.15, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. The stock’s fifty day moving average price is $55.62 and its 200-day moving average price is $56.91.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its 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. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The business had revenue of $14.84 billion for the quarter, compared to analysts’ expectations of $14.07 billion. On average, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Company Profile

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.