Anheuser-Busch InBev SA/NV $BUD Shares Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. decreased its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 94.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 411 shares of the consumer goods maker’s stock after selling 6,850 shares during the period. TD Waterhouse Canada Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $26,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in BUD. Bank of Montreal Can boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 150.6% during the third quarter. Bank of Montreal Can now owns 1,188,876 shares of the consumer goods maker’s stock worth $70,869,000 after purchasing an additional 714,420 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 23.7% during the second quarter. Bank of America Corp DE now owns 3,344,451 shares of the consumer goods maker’s stock worth $229,831,000 after purchasing an additional 641,158 shares during the last quarter. First Trust Advisors LP raised its position in shares of Anheuser-Busch InBev SA/NV by 535.6% in the 3rd quarter. First Trust Advisors LP now owns 653,616 shares of the consumer goods maker’s stock worth $38,962,000 after buying an additional 550,774 shares during the period. Holocene Advisors LP purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter worth $33,999,000. Finally, BNP Paribas Financial Markets raised its position in shares of Anheuser-Busch InBev SA/NV by 227.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 509,904 shares of the consumer goods maker’s stock worth $30,395,000 after buying an additional 354,210 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Up 1.7%

NYSE:BUD opened at $74.55 on Wednesday. The business’s 50-day moving average is $73.64 and its two-hundred day moving average is $68.40. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57. Anheuser-Busch InBev SA/NV has a 12 month low of $56.97 and a 12 month high of $81.56. The firm has a market capitalization of $145.41 billion, a PE ratio of 21.67, a price-to-earnings-growth ratio of 1.35 and a beta of 0.58.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Thursday, February 12th. The consumer goods maker reported $0.95 EPS for the quarter, beating the consensus estimate of $0.91 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 15.67% and a net margin of 11.53%.The company had revenue of $15.56 billion for the quarter, compared to analyst estimates of $15.48 billion. During the same period last year, the company posted $0.88 earnings per share. The firm’s revenue was up 6.2% compared to the same quarter last year. Research analysts predict that Anheuser-Busch InBev SA/NV will post 4.19 earnings per share for the current fiscal year.

Analysts Set New Price Targets

BUD has been the topic of several research reports. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, February 12th. DZ Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 20th. Barclays reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 13th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $86.50.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.