Anheuser-Busch InBev SA/NV $BUD Shares Bought by M&T Bank Corp

Key Points

• M&T Bank Corp boosted its stake in Anheuser-Busch InBev by 3,199.4%, adding 165,377 shares to hold 170,546 shares worth roughly $10.92 million at quarter-end.
• Several other institutions also increased positions, but only about 5.53% of BUD is reported as owned by institutional investors and hedge funds in the filing.
• Analysts have an average rating of “Moderate Buy” with a $86.50 average price target; AB InBev recently beat EPS estimates ($0.95 vs. $0.91) on $15.56 billion in revenue.

M&T Bank Corp raised its position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 3,199.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 170,546 shares of the consumer goods maker's stock after purchasing an additional 165,377 shares during the quarter. M&T Bank Corp's holdings in Anheuser-Busch InBev SA/NV were worth $10,922,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Evergreen Capital Management LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 9.2% in the 4th quarter. Evergreen Capital Management LLC now owns 13,869 shares of the consumer goods maker's stock valued at $888,000 after purchasing an additional 1,164 shares during the last quarter. Merit Financial Group LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 23.0% in the 4th quarter. Merit Financial Group LLC now owns 20,504 shares of the consumer goods maker's stock worth $1,313,000 after acquiring an additional 3,831 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 53.4% in the 4th quarter. Farther Finance Advisors LLC now owns 3,412 shares of the consumer goods maker's stock worth $218,000 after acquiring an additional 1,188 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 12.5% in the 4th quarter. Assetmark Inc. now owns 64,675 shares of the consumer goods maker's stock worth $4,142,000 after acquiring an additional 7,197 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 38.8% in the 4th quarter. Venturi Wealth Management LLC now owns 11,180 shares of the consumer goods maker's stock worth $716,000 after acquiring an additional 3,125 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft restated a "neutral" rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, April 7th. JPMorgan Chase & Co. restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, April 2nd. DZ Bank restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 20th. Weiss Ratings restated a "hold (c)" rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, December 29th. Finally, Jefferies Financial Group restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $86.50.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock opened at $72.61 on Friday. The firm has a market cap of $141.62 billion, a PE ratio of 21.11, a price-to-earnings-growth ratio of 1.33 and a beta of 0.58. Anheuser-Busch InBev SA/NV has a 52-week low of $56.97 and a 52-week high of $81.56. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 0.74. The company's 50 day moving average is $73.87 and its two-hundred day moving average is $68.08.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.91 by $0.04. The company had revenue of $15.56 billion for the quarter, compared to analyst estimates of $15.48 billion. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. The firm's quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.88 EPS. On average, research analysts expect that Anheuser-Busch InBev SA/NV will post 4.19 EPS for the current fiscal year.

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.

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