Aquatic Capital Management LLC Invests $5.36 Million in Anheuser-Busch InBev SA/NV $BUD

Aquatic Capital Management LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 89,835 shares of the consumer goods maker’s stock, valued at approximately $5,355,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Raymond James Financial Inc. lifted its stake in Anheuser-Busch InBev SA/NV by 5.0% during the third quarter. Raymond James Financial Inc. now owns 870,939 shares of the consumer goods maker’s stock valued at $51,917,000 after buying an additional 41,241 shares in the last quarter. Hotchkis & Wiley Capital Management LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 22.9% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 1,511,840 shares of the consumer goods maker’s stock worth $90,121,000 after acquiring an additional 281,400 shares in the last quarter. Horizon Investments LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the third quarter valued at approximately $887,000. Scotia Capital Inc. raised its holdings in shares of Anheuser-Busch InBev SA/NV by 102.9% during the third quarter. Scotia Capital Inc. now owns 32,759 shares of the consumer goods maker’s stock valued at $1,953,000 after acquiring an additional 16,612 shares during the period. Finally, Brooklyn Investment Group lifted its position in shares of Anheuser-Busch InBev SA/NV by 31.5% in the 3rd quarter. Brooklyn Investment Group now owns 25,347 shares of the consumer goods maker’s stock valued at $1,511,000 after acquiring an additional 6,073 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Up 0.8%

Shares of NYSE BUD opened at $72.95 on Tuesday. The business has a 50 day simple moving average of $73.36 and a 200 day simple moving average of $65.68. Anheuser-Busch InBev SA/NV has a 52 week low of $56.97 and a 52 week high of $81.56. The stock has a market cap of $142.28 billion, a price-to-earnings ratio of 21.21, a PEG ratio of 1.22 and a beta of 0.54. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72.

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

Analyst Ratings Changes

Several brokerages have issued reports on BUD. Wells Fargo & Company boosted their target price on shares of Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, February 12th. Barclays restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 13th. The Goldman Sachs Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 13th. Finally, Berenberg Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, February 16th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.00.

Anheuser-Busch InBev SA/NV Profile

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.