West Family Investments Inc. Acquires 1,215 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

West Family Investments Inc. raised its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 27.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,576 shares of the consumer goods maker’s stock after purchasing an additional 1,215 shares during the period. West Family Investments Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $279,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BUD. Callan Family Office LLC bought a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $1,397,000. Vestmark Advisory Solutions Inc. increased its stake in shares of Anheuser-Busch InBev SA/NV by 74.3% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 21,149 shares of the consumer goods maker’s stock worth $1,059,000 after purchasing an additional 9,014 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $37,311,000. Aigen Investment Management LP lifted its stake in shares of Anheuser-Busch InBev SA/NV by 534.8% during the 4th quarter. Aigen Investment Management LP now owns 41,155 shares of the consumer goods maker’s stock valued at $2,061,000 after buying an additional 34,672 shares in the last quarter. Finally, Assetmark Inc. boosted its holdings in Anheuser-Busch InBev SA/NV by 16.7% in the 4th quarter. Assetmark Inc. now owns 50,419 shares of the consumer goods maker’s stock worth $2,524,000 after buying an additional 7,201 shares during the period. 5.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BUD has been the topic of a number of analyst reports. TD Cowen lowered their target price on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $64.00.

Anheuser-Busch InBev SA/NV Stock Performance

Anheuser-Busch InBev SA/NV stock opened at $63.11 on Friday. The firm’s 50 day simple moving average is $51.69 and its 200 day simple moving average is $56.84. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.49. The firm has a market capitalization of $113.41 billion, a PE ratio of 19.48, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $14.84 billion for the quarter, compared to the consensus estimate of $14.07 billion. As a group, analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

About Anheuser-Busch InBev SA/NV

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.