Virtu Financial LLC Takes Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Virtu Financial LLC bought a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 47,500 shares of the consumer goods maker’s stock, valued at approximately $2,378,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Callan Capital LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 2.2% during the fourth quarter. Callan Capital LLC now owns 10,607 shares of the consumer goods maker’s stock worth $531,000 after acquiring an additional 229 shares during the last quarter. Moors & Cabot Inc. boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 4.6% during the 4th quarter. Moors & Cabot Inc. now owns 5,329 shares of the consumer goods maker’s stock valued at $267,000 after purchasing an additional 234 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 25.7% during the fourth quarter. Farther Finance Advisors LLC now owns 1,298 shares of the consumer goods maker’s stock valued at $65,000 after purchasing an additional 265 shares in the last quarter. Ironwood Investment Counsel LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 0.4% in the third quarter. Ironwood Investment Counsel LLC now owns 87,515 shares of the consumer goods maker’s stock worth $5,801,000 after purchasing an additional 313 shares during the last quarter. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the third quarter worth about $27,000. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Trading Down 0.4 %

Shares of BUD stock opened at $62.80 on Friday. The company has a market cap of $112.86 billion, a PE ratio of 19.38, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49. The stock’s 50 day simple moving average is $54.41 and its two-hundred day simple moving average is $56.90. 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 (NYSE:BUD) last issued its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $14.07 billion. Research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Analysts Set New Price Targets

BUD has been the subject of several research analyst reports. TD Cowen cut their price target on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a report 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. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $64.00.

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.