Whittier Trust Co. Buys Shares of 3,350 Anheuser-Busch InBev SA/NV (NYSE:BUD)

Whittier Trust Co. bought a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) during the 4th quarter, Holdings Channel reports. The firm bought 3,350 shares of the consumer goods maker’s stock, valued at approximately $168,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Fisher Asset Management LLC boosted its holdings in 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 purchasing an additional 587,329 shares during the last quarter. Holocene Advisors LP boosted its holdings in 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 purchasing an additional 803,257 shares during the last quarter. Douglass Winthrop Advisors LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 2.9% in the 3rd quarter. Douglass Winthrop Advisors LLC now owns 1,286,674 shares of the consumer goods maker’s stock valued at $85,294,000 after purchasing an additional 35,757 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $37,311,000. Finally, FMR LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 7.0% in the 3rd quarter. FMR LLC now owns 732,459 shares of the consumer goods maker’s stock worth $48,555,000 after acquiring an additional 47,684 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BUD has been the topic of several recent analyst reports. TD Cowen decreased 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. 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. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Anheuser-Busch InBev SA/NV presently has an average rating of “Buy” and a consensus target price of $64.00.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock opened at $62.80 on Monday. The firm has a market cap of $112.86 billion, a PE ratio of 19.38, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $67.49. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The company’s 50 day moving average is $54.41 and its two-hundred day moving average is $56.86.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.13. The company had revenue of $14.84 billion for the quarter, compared to analyst estimates of $14.07 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. On average, research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS 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.