XTX Topco Ltd Invests $2.09 Million in Anheuser-Busch InBev SA/NV (NYSE:BUD)

XTX Topco Ltd bought a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) during the second quarter, HoldingsChannel reports. The fund bought 36,002 shares of the consumer goods maker’s stock, valued at approximately $2,094,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of BUD. Blue Trust Inc. raised its stake in shares of Anheuser-Busch InBev SA/NV by 225.0% during the 2nd quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker’s stock valued at $33,000 after buying an additional 378 shares during the last quarter. GPS Wealth Strategies Group LLC grew its holdings in Anheuser-Busch InBev SA/NV by 50.7% during the second quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock worth $32,000 after acquiring an additional 185 shares during the period. Addison Advisors LLC grew its holdings in Anheuser-Busch InBev SA/NV by 39.7% during the second quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock worth $34,000 after acquiring an additional 168 shares during the period. Hantz Financial Services Inc. purchased a new position in Anheuser-Busch InBev SA/NV during the second quarter valued at approximately $35,000. Finally, Russell Investments Group Ltd. lifted its holdings in Anheuser-Busch InBev SA/NV by 116.5% in the fourth quarter. Russell Investments Group Ltd. now owns 643 shares of the consumer goods maker’s stock valued at $42,000 after acquiring an additional 346 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Up 0.6 %

Anheuser-Busch InBev SA/NV stock opened at $63.81 on Friday. Anheuser-Busch InBev SA/NV has a 12 month low of $51.66 and a 12 month high of $67.49. The stock has a market capitalization of $114.68 billion, a PE ratio of 26.81, a price-to-earnings-growth ratio of 1.81 and a beta of 1.09. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The business has a 50 day simple moving average of $61.62 and a 200-day simple moving average of $61.25.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Thursday, August 1st. The consumer goods maker reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 9.89% and a return on equity of 14.77%. The company had revenue of $15.33 billion during the quarter, compared to analysts’ expectations of $15.21 billion. During the same period in the prior year, the business posted $0.72 earnings per share. On average, analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.41 EPS for the current fiscal year.

Analyst Ratings Changes

BUD has been the topic of a number of analyst reports. UBS Group raised shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research note on Monday, June 24th. Morgan Stanley increased their price target on shares of Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, September 10th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Moderate Buy” and a consensus target price of $73.25.

About Anheuser-Busch InBev SA/NV

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.