ExodusPoint Capital Management LP Has $2.36 Million Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

ExodusPoint Capital Management LP lifted its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 205.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 47,091 shares of the consumer goods maker’s stock after purchasing an additional 31,675 shares during the period. ExodusPoint Capital Management LP’s holdings in Anheuser-Busch InBev SA/NV were worth $2,358,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of BUD. Callan Capital LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 2.2% during the 4th quarter. Callan Capital LLC now owns 10,607 shares of the consumer goods maker’s stock worth $531,000 after buying an additional 229 shares in the last quarter. Moors & Cabot Inc. lifted its stake in shares of Anheuser-Busch InBev SA/NV by 4.6% during the fourth quarter. Moors & Cabot Inc. now owns 5,329 shares of the consumer goods maker’s stock valued at $267,000 after acquiring an additional 234 shares during the period. Farther Finance Advisors LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 25.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,298 shares of the consumer goods maker’s stock valued at $65,000 after acquiring an additional 265 shares during the last quarter. Legacy Investment Solutions LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the third quarter worth about $27,000. Finally, Anchor Investment Management LLC raised its holdings in Anheuser-Busch InBev SA/NV by 120.6% during the 3rd quarter. Anchor Investment Management LLC now owns 772 shares of the consumer goods maker’s stock worth $51,000 after purchasing an additional 422 shares during the last quarter. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Stock Down 2.7 %

NYSE:BUD opened at $59.29 on Tuesday. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49. The stock has a 50-day moving average price of $57.45 and a two-hundred day moving average price of $56.67. The stock has a market cap of $106.56 billion, a price-to-earnings ratio of 18.30, a PEG ratio of 1.73 and a beta of 0.80. 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 (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, beating 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 during the quarter, compared to analyst estimates of $14.07 billion. As a group, equities analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Analyst Upgrades and Downgrades

BUD has been the topic of several recent research reports. Argus raised shares of 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 note on Thursday, March 27th. Berenberg Bank started coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. TD Cowen dropped their price objective 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. Finally, StockNews.com upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Thursday, April 3rd. One research 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 stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $66.00.

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.