Bank of Montreal Can Has $70.87 Million Stake in Anheuser-Busch InBev SA/NV $BUD

Bank of Montreal Can lifted its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 150.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,188,876 shares of the consumer goods maker’s stock after buying an additional 714,420 shares during the quarter. Bank of Montreal Can owned about 0.06% of Anheuser-Busch InBev SA/NV worth $70,869,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Seafarer Capital Partners LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 1.5% during the 3rd quarter. Seafarer Capital Partners LLC now owns 1,034,000 shares of the consumer goods maker’s stock worth $61,637,000 after purchasing an additional 15,000 shares during the last quarter. Savoir Faire Capital Management L.P. acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at $2,086,000. Atlantic Union Bankshares Corp lifted its stake in shares of Anheuser-Busch InBev SA/NV by 33,184.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 15,311 shares of the consumer goods maker’s stock valued at $913,000 after purchasing an additional 15,265 shares during the last quarter. Caprock Group LLC bought a new stake in Anheuser-Busch InBev SA/NV in the third quarter worth $818,000. Finally, Victory Capital Management Inc. increased its position in Anheuser-Busch InBev SA/NV by 53.7% during the third quarter. Victory Capital Management Inc. now owns 828,670 shares of the consumer goods maker’s stock worth $49,397,000 after buying an additional 289,431 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Performance

BUD opened at $71.98 on Friday. The firm has a market capitalization of $140.39 billion, a P/E ratio of 20.92, a price-to-earnings-growth ratio of 1.23 and a beta of 0.54. The stock’s 50 day moving average price is $73.00 and its two-hundred day moving average price is $65.50. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 0.74. Anheuser-Busch InBev SA/NV has a 12-month low of $56.97 and a 12-month high of $81.56.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 15.67% and a net margin of 11.53%.The company had revenue of $15.56 billion during the quarter, compared to analyst estimates of $15.48 billion. During the same period in the previous year, the company earned $0.88 earnings per share. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. On average, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Royal Bank Of Canada reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, February 12th. SBG Securities lowered Anheuser-Busch InBev SA/NV to a “hold” rating in a report on Monday, March 2nd. Jefferies Financial Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, February 12th. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, February 16th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV has an average rating of “Moderate Buy” and a consensus price target of $81.00.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.