Virtu Financial LLC Invests $2.38 Million in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Virtu Financial LLC purchased a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 47,500 shares of the consumer goods maker’s stock, valued at approximately $2,378,000.

Several other institutional investors also recently added to or reduced their stakes in BUD. Thrivent Financial for Lutherans bought a new stake in shares of Anheuser-Busch InBev SA/NV during the third quarter valued at approximately $220,000. Charles Schwab Investment Management Inc. increased its holdings in Anheuser-Busch InBev SA/NV by 37.7% during 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 purchasing an additional 15,837 shares during the period. Raymond James Trust N.A. increased its holdings in Anheuser-Busch InBev SA/NV by 39.5% during the 3rd quarter. Raymond James Trust N.A. now owns 7,356 shares of the consumer goods maker’s stock worth $488,000 after purchasing an additional 2,082 shares during the period. Cerity Partners LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 61.9% in the 3rd quarter. Cerity Partners LLC now owns 61,061 shares of the consumer goods maker’s stock worth $4,048,000 after buying an additional 23,348 shares during the period. Finally, 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 worth $683,252,000 after buying an additional 587,329 shares during the period. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD opened at $62.80 on Friday. The firm’s fifty day simple moving average is $54.41 and its two-hundred day simple moving average is $56.90. The firm has a market capitalization of $112.86 billion, a P/E ratio of 19.38, a P/E/G ratio of 1.73 and a beta of 0.96. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share 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 for the quarter, compared to the consensus estimate of $14.07 billion. Analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BUD. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. TD Cowen cut their price objective on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a report on Wednesday, January 8th. One analyst has rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $64.00.

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.