Lodge Hill Capital LLC Acquires New Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Lodge Hill Capital LLC bought a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 200,000 shares of the consumer goods maker’s stock, valued at approximately $10,014,000. Anheuser-Busch InBev SA/NV accounts for 2.8% of Lodge Hill Capital LLC’s holdings, making the stock its 15th biggest holding.

A number of other institutional investors have also recently made changes to their positions in the stock. M&T Bank Corp boosted its holdings in Anheuser-Busch InBev SA/NV by 16.7% in the third quarter. M&T Bank Corp now owns 6,519 shares of the consumer goods maker’s stock valued at $432,000 after acquiring an additional 935 shares during the last quarter. Anchor Investment Management LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 120.6% in 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 period. Wilmington Savings Fund Society FSB bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at $138,000. Tidal Investments LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 4.8% during the third quarter. Tidal Investments LLC now owns 18,654 shares of the consumer goods maker’s stock worth $1,237,000 after buying an additional 852 shares during the period. Finally, Central Pacific Bank Trust Division raised its stake in Anheuser-Busch InBev SA/NV by 27.7% during the fourth quarter. Central Pacific Bank Trust Division now owns 13,150 shares of the consumer goods maker’s stock worth $658,000 after buying an additional 2,850 shares during the last quarter. Institutional investors own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

BUD has been the subject of a number of recent analyst reports. Argus upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price target for the company in a report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. StockNews.com downgraded Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a report on Wednesday. TD Cowen cut their price target on 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. Finally, Berenberg Bank began coverage on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a “buy” rating for the company. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $66.00.

Anheuser-Busch InBev SA/NV Stock Up 2.3 %

Shares of NYSE:BUD opened at $64.74 on Thursday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $67.49. The business’s 50 day simple moving average is $59.64 and its two-hundred day simple moving average is $56.67. The firm has a market cap of $116.35 billion, a P/E ratio of 19.98, a PEG ratio of 1.73 and a beta of 0.80.

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

Anheuser-Busch InBev SA/NV 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.