Penn Davis Mcfarland Inc. Boosts Stock Holdings in Anheuser-Busch InBev SA/NV $BUD

Key Points

• Penn Davis Mcfarland Inc. increased its stake in Anheuser‑Busch InBev (NYSE: BUD) by 4.9% in Q4, buying 22,748 shares to hold 486,842 shares worth $31.177 million, making BUD its 13th-largest position (~3.0% of holdings).
• Anheuser‑Busch InBev beat Q4 expectations with EPS of $0.95 (vs. $0.91 est.) and revenue of $15.56 billion, up 6.2% year-over-year.
• Analysts give BUD a consensus rating of "Moderate Buy" with a consensus target of $86.50; the stock trades near $70.75, with a market cap of $138 billion and a P/E of 20.57.

Penn Davis Mcfarland Inc. grew its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 4.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 486,842 shares of the consumer goods maker's stock after purchasing an additional 22,748 shares during the period. Anheuser-Busch InBev SA/NV makes up about 3.0% of Penn Davis Mcfarland Inc.'s holdings, making the stock its 13th biggest position. Penn Davis Mcfarland Inc.'s holdings in Anheuser-Busch InBev SA/NV were worth $31,177,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of BUD. Brucke Financial Inc. increased its stake in Anheuser-Busch InBev SA/NV by 2.9% in the 4th quarter. Brucke Financial Inc. now owns 6,235 shares of the consumer goods maker's stock valued at $399,000 after purchasing an additional 178 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Anheuser-Busch InBev SA/NV by 0.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 46,080 shares of the consumer goods maker's stock worth $2,747,000 after buying an additional 189 shares during the last quarter. Apollon Wealth Management LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 4.2% in the 3rd quarter. Apollon Wealth Management LLC now owns 5,042 shares of the consumer goods maker's stock worth $301,000 after buying an additional 203 shares in the last quarter. Outfitters Financial LLC grew its stake in Anheuser-Busch InBev SA/NV by 1.1% in the 3rd quarter. Outfitters Financial LLC now owns 21,310 shares of the consumer goods maker's stock valued at $1,270,000 after acquiring an additional 240 shares during the last quarter. Finally, National Bank of Canada FI increased its holdings in Anheuser-Busch InBev SA/NV by 7.6% during the 3rd quarter. National Bank of Canada FI now owns 3,535 shares of the consumer goods maker's stock valued at $211,000 after acquiring an additional 251 shares in the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

BUD stock opened at $70.75 on Thursday. The company has a market cap of $138.00 billion, a PE ratio of 20.57, a price-to-earnings-growth ratio of 1.17 and a beta of 0.58. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74. The stock has a 50-day moving average price of $73.84 and a two-hundred day moving average price of $66.40. Anheuser-Busch InBev SA/NV has a 12-month low of $56.97 and a 12-month high of $81.56.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its quarterly earnings results 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 net margin of 11.53% and a return on equity of 15.67%. The firm had revenue of $15.56 billion for the quarter, compared to analyst estimates of $15.48 billion. During the same quarter last year, the firm posted $0.88 earnings per share. Anheuser-Busch InBev SA/NV's revenue for the quarter was up 6.2% compared to the same quarter last year. As a group, research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on BUD. Weiss Ratings reissued a "hold (c)" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft reissued a "neutral" rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, February 16th. JPMorgan Chase & Co. reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 6th. SBG Securities lowered shares of Anheuser-Busch InBev SA/NV to a "hold" rating in a report on Monday, March 2nd. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price 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.

Want to see what other hedge funds are holding BUD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.