Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Acquired by Assetmark Inc.

Assetmark Inc. grew its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 16.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,419 shares of the consumer goods maker’s stock after buying an additional 7,201 shares during the quarter. Assetmark Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $2,524,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of BUD. Holocene Advisors LP lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 22.8% in the 3rd quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock valued at $287,144,000 after buying an additional 803,257 shares during the period. Fisher Asset Management LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 6.0% in the 3rd quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock valued at $683,252,000 after buying an additional 587,329 shares during the period. Alberta Investment Management Corp acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $28,540,000. Penn Davis Mcfarland Inc. lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 34.0% in the 4th quarter. Penn Davis Mcfarland Inc. now owns 467,519 shares of the consumer goods maker’s stock valued at $23,409,000 after buying an additional 118,686 shares during the period. Finally, Seafarer Capital Partners LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 11.2% in the 3rd quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker’s stock valued at $70,201,000 after buying an additional 107,000 shares during the period. 5.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BUD has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. TD Cowen reduced 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. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV has a consensus rating of “Buy” and a consensus target price of $64.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD stock opened at $63.11 on Monday. The stock has a fifty day moving average price of $51.69 and a 200 day moving average price of $56.78. The stock has a market cap of $113.41 billion, a PE ratio of 19.48, a P/E/G ratio of 1.73 and a beta of 0.96. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49. 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 (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. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The firm had revenue of $14.84 billion during the quarter, compared to analysts’ expectations of $14.07 billion. Sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share 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.