Aquatic Capital Management LLC Boosts Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Aquatic Capital Management LLC raised its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 596.9% in the 4th quarter, Holdings Channel reports. The fund owned 134,496 shares of the consumer goods maker’s stock after acquiring an additional 115,196 shares during the period. Aquatic Capital Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $6,734,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in BUD. R Squared Ltd acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $30,000. Rakuten Securities Inc. lifted its position in shares of Anheuser-Busch InBev SA/NV by 2,722.7% during the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock valued at $31,000 after acquiring an additional 599 shares during the period. Whipplewood Advisors LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at approximately $36,000. Empowered Funds LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $49,000. Finally, Hurley Capital LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $49,000. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the company. Argus upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 target price on the stock in a research report on Thursday, March 27th. TD Cowen lowered 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 note on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. StockNews.com upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Thursday. Finally, Berenberg Bank initiated coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They set a “buy” rating for the company. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Anheuser-Busch InBev SA/NV presently has an average rating of “Buy” and an average target price of $66.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE BUD opened at $65.02 on Friday. The company has a 50-day simple moving average of $61.53 and a 200-day simple moving average of $56.61. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The company has a market cap of $116.85 billion, a PE ratio of 20.07, a price-to-earnings-growth ratio of 1.73 and a beta of 0.80. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, topping the consensus estimate of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. The firm had revenue of $14.84 billion during the quarter, compared to analysts’ expectations of $14.07 billion. On average, equities analysts anticipate 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.