Candriam Luxembourg S.C.A. Takes Position in Anheuser Busch Inbev NV (NYSE:BUD)

Candriam Luxembourg S.C.A. acquired a new position in shares of Anheuser Busch Inbev NV (NYSE:BUD) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,500 shares of the consumer goods maker’s stock, valued at approximately $296,000.

Other institutional investors also recently added to or reduced their stakes in the company. SG Americas Securities LLC increased its position in Anheuser Busch Inbev by 108.7% in the third quarter. SG Americas Securities LLC now owns 21,167 shares of the consumer goods maker’s stock worth $1,854,000 after purchasing an additional 263,481 shares during the period. JPMorgan Chase & Co. increased its position in Anheuser Busch Inbev by 36.4% in the third quarter. JPMorgan Chase & Co. now owns 292,137 shares of the consumer goods maker’s stock worth $25,584,000 after purchasing an additional 77,956 shares during the period. Rhumbline Advisers acquired a new stake in Anheuser Busch Inbev in the third quarter worth about $205,000. CIBC World Markets Inc. increased its position in Anheuser Busch Inbev by 47.6% in the third quarter. CIBC World Markets Inc. now owns 15,265 shares of the consumer goods maker’s stock worth $1,337,000 after purchasing an additional 4,924 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Anheuser Busch Inbev by 2.0% in the third quarter. Dimensional Fund Advisors LP now owns 162,238 shares of the consumer goods maker’s stock worth $14,207,000 after purchasing an additional 3,124 shares during the period. Hedge funds and other institutional investors own 4.36% of the company’s stock.

Shares of BUD traded up $1.63 on Friday, hitting $89.96. The company’s stock had a trading volume of 1,409,166 shares, compared to its average volume of 1,036,292. Anheuser Busch Inbev NV has a fifty-two week low of $64.54 and a fifty-two week high of $107.21. The firm has a market capitalization of $152.32 billion, a PE ratio of 26.15, a P/E/G ratio of 2.12 and a beta of 1.16. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.41 and a current ratio of 0.53.

Anheuser Busch Inbev (NYSE:BUD) last posted its earnings results on Thursday, February 28th. The consumer goods maker reported $0.80 earnings per share for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.35). The business had revenue of $14.25 billion for the quarter, compared to analyst estimates of $14.11 billion. Anheuser Busch Inbev had a return on equity of 18.43% and a net margin of 8.00%. The firm’s revenue was down 2.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.04 earnings per share. Equities research analysts predict that Anheuser Busch Inbev NV will post 5.06 EPS for the current fiscal year.

Several equities analysts have recently issued reports on BUD shares. Zacks Investment Research upgraded Anheuser Busch Inbev from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 9th. Bank of America upgraded Anheuser Busch Inbev from an “underperform” rating to a “neutral” rating and set a $91.00 target price for the company in a research report on Friday, April 5th. Barclays started coverage on Anheuser Busch Inbev in a research report on Tuesday, April 2nd. They set an “equal weight” rating and a $83.64 target price for the company. Royal Bank of Canada lowered Anheuser Busch Inbev from a “top pick” rating to a “sector perform” rating and set a $75.00 target price for the company. in a research report on Thursday, March 7th. Finally, Macquarie boosted their target price on Anheuser Busch Inbev from $80.00 to $84.00 and gave the stock a “neutral” rating in a research report on Friday, March 1st. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $97.96.

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About Anheuser Busch Inbev

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks. The company offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Cristal, Harbin, Jupiler, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol.

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Institutional Ownership by Quarter for Anheuser Busch Inbev (NYSE:BUD)

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