Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Purchased by Scotia Capital Inc.

Scotia Capital Inc. boosted its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 292.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,392 shares of the consumer goods maker’s stock after buying an additional 11,469 shares during the period. Scotia Capital Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $771,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of BUD. Charles Schwab Investment Management Inc. increased its stake in shares of Anheuser-Busch InBev SA/NV by 37.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker’s stock worth $3,836,000 after acquiring an additional 15,837 shares during the period. Orion Portfolio Solutions LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 9.9% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 14,610 shares of the consumer goods maker’s stock valued at $968,000 after purchasing an additional 1,313 shares in the last quarter. M&T Bank Corp increased its position in Anheuser-Busch InBev SA/NV by 16.7% during the 3rd quarter. M&T Bank Corp now owns 6,519 shares of the consumer goods maker’s stock worth $432,000 after purchasing an additional 935 shares during the period. Anchor Investment Management LLC raised its stake in shares of 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 buying an additional 422 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at approximately $138,000. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE:BUD opened at $62.39 on Monday. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $67.49. The company has a market capitalization of $112.13 billion, a P/E ratio of 19.26, a price-to-earnings-growth 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. The firm has a 50-day moving average price of $58.81 and a two-hundred day moving average price of $56.58.

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 the consensus estimate of $0.75 by $0.13. The firm had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. As a group, research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BUD has been the topic of a number of recent analyst reports. Argus raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price objective on the stock in a report on Thursday, March 27th. Berenberg Bank started coverage on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They set a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note 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, April 3rd. Finally, TD Cowen dropped their target price on shares of 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. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV has an average rating of “Buy” and an average price target of $66.00.

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.