Headlands Technologies LLC Purchases 53,938 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Headlands Technologies LLC boosted its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 705.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,579 shares of the consumer goods maker’s stock after purchasing an additional 53,938 shares during the quarter. Headlands Technologies LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $3,083,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its position in Anheuser-Busch InBev SA/NV by 37.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker’s stock valued at $3,836,000 after buying an additional 15,837 shares during the period. Alberta Investment Management Corp bought a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth about $28,540,000. B&D White Capital Company LLC purchased a new position in Anheuser-Busch InBev SA/NV during the 4th quarter valued at about $290,000. Blue Trust Inc. raised its position in Anheuser-Busch InBev SA/NV by 15.8% during the 4th quarter. Blue Trust Inc. now owns 3,409 shares of the consumer goods maker’s stock valued at $171,000 after purchasing an additional 464 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $37,311,000. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD opened at $61.49 on Tuesday. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The firm has a market capitalization of $110.51 billion, a P/E ratio of 18.98, a P/E/G ratio of 1.73 and a beta of 0.96. The firm’s fifty day simple moving average is $56.17 and its two-hundred day simple moving average is $56.77. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.13. The firm had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. Analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

BUD has been the topic of several recent research reports. TD Cowen cut their price target on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a research note on Wednesday, January 8th. Argus raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price objective for the company in a research note on Thursday, March 27th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. One investment analyst has rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Buy” and an average price target of $66.00.

About Anheuser-Busch InBev SA/NV

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.