Trexquant Investment LP Has $3.02 Million Position in Anheuser-Busch InBev SA/NV $BUD

Key Points

• Trexquant Investment LP significantly reduced its stake in Anheuser-Busch InBev SA/NV by 77.7%, holding only 48,975 shares after selling 170,174 during Q1.
• Analyst ratings for Anheuser-Busch InBev vary, with BNP Paribas upgrading the company to a strong-buy while others maintain a buy or hold rating, reflecting a consensus buy rating overall.
• The company's stock opened at $61.36 and has seen a one-year price range between $45.94 and $72.13, with recent quarterly revenue reports indicating a 2.1% decrease compared to the same quarter last year.

Trexquant Investment LP trimmed its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 77.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 48,975 shares of the consumer goods maker's stock after selling 170,174 shares during the quarter. Trexquant Investment LP's holdings in Anheuser-Busch InBev SA/NV were worth $3,015,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. ABC Arbitrage SA acquired a new stake in Anheuser-Busch InBev SA/NV in the 1st quarter valued at about $1,731,000. Sequoia Financial Advisors LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 224.7% in the 1st quarter. Sequoia Financial Advisors LLC now owns 25,254 shares of the consumer goods maker's stock valued at $1,555,000 after acquiring an additional 17,476 shares during the last quarter. Merit Financial Group LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 31.7% in the 1st quarter. Merit Financial Group LLC now owns 14,635 shares of the consumer goods maker's stock valued at $901,000 after acquiring an additional 3,526 shares during the last quarter. Pinnacle Financial Partners Inc acquired a new stake in Anheuser-Busch InBev SA/NV in the 1st quarter valued at about $2,341,000. Finally, Penserra Capital Management LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 24.7% in the 1st quarter. Penserra Capital Management LLC now owns 2,553 shares of the consumer goods maker's stock valued at $157,000 after acquiring an additional 506 shares during the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Stock Performance

BUD stock traded up $1.03 during midday trading on Friday, hitting $60.20. 2,073,767 shares of the company traded hands, compared to its average volume of 1,961,525. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $72.13. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79. The business has a 50 day simple moving average of $64.47 and a 200-day simple moving average of $64.91. The stock has a market capitalization of $108.19 billion, a price-to-earnings ratio of 16.91, a price-to-earnings-growth ratio of 1.70 and a beta of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, beating the consensus estimate of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.The business's quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.90 EPS. As a group, equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Analysts Set New Price Targets

BUD has been the topic of a number of research reports. The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and upped their target price for the company from $70.10 to $88.00 in a report on Monday, May 12th. Wall Street Zen downgraded Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a report on Sunday, May 18th. Finally, BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a report on Friday, May 30th. Three investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $71.50.

Anheuser-Busch InBev SA/NV Company 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.