Trexquant Investment LP Increases Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Trexquant Investment LP raised its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 884.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 219,149 shares of the consumer goods maker’s stock after acquiring an additional 196,887 shares during the period. Trexquant Investment LP’s holdings in Anheuser-Busch InBev SA/NV were worth $10,973,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of BUD. Charles Schwab Investment Management Inc. raised its holdings in Anheuser-Busch InBev SA/NV by 37.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker’s stock worth $3,836,000 after acquiring an additional 15,837 shares during the last quarter. Alberta Investment Management Corp purchased a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth $28,540,000. B&D White Capital Company LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at $290,000. Blue Trust Inc. boosted its position in shares of Anheuser-Busch InBev SA/NV by 15.8% during the fourth quarter. Blue Trust Inc. now owns 3,409 shares of the consumer goods maker’s stock valued at $171,000 after buying an additional 464 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth about $37,311,000. 5.53% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on BUD. Berenberg Bank initiated coverage on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday. They set a “buy” rating on the stock. Argus upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 target price on the stock in a report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. Finally, TD Cowen dropped 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 research note on Wednesday, January 8th. One analyst has rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $66.00.

Anheuser-Busch InBev SA/NV Stock Up 0.8 %

BUD opened at $62.09 on Thursday. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.49. The firm’s 50 day simple moving average is $56.73 and its two-hundred day simple moving average is $56.79. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $111.59 billion, a PE ratio of 19.16, a PEG ratio of 1.73 and a beta of 0.96.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.13. The company had revenue of $14.84 billion for the quarter, compared to the consensus estimate of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. As a group, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV Company 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.