Anheuser Busch Inbev NV (BUD) Stake Increased by Hikari Power Ltd

Hikari Power Ltd lifted its position in shares of Anheuser Busch Inbev NV (NYSE:BUD) by 40.5% in the third quarter, Holdings Channel reports. The institutional investor owned 96,950 shares of the consumer goods maker’s stock after acquiring an additional 27,950 shares during the quarter. Hikari Power Ltd’s holdings in Anheuser Busch Inbev were worth $8,490,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Gardner Russo & Gardner LLC acquired a new stake in Anheuser Busch Inbev in the 2nd quarter valued at approximately $818,436,000. Vontobel Asset Management Inc. acquired a new stake in Anheuser Busch Inbev in the 2nd quarter valued at approximately $43,660,000. Russell Investments Group Ltd. increased its holdings in Anheuser Busch Inbev by 446.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 391,204 shares of the consumer goods maker’s stock valued at $34,290,000 after purchasing an additional 319,654 shares during the last quarter. Fisher Asset Management LLC increased its holdings in Anheuser Busch Inbev by 3.3% in the 2nd quarter. Fisher Asset Management LLC now owns 6,346,504 shares of the consumer goods maker’s stock valued at $639,474,000 after purchasing an additional 202,472 shares during the last quarter. Finally, Cornerstone Wealth Management LLC acquired a new stake in Anheuser Busch Inbev in the 2nd quarter valued at approximately $1,946,000. Institutional investors and hedge funds own 4.58% of the company’s stock.

Shares of BUD stock opened at $74.34 on Wednesday. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.67 and a quick ratio of 0.53. Anheuser Busch Inbev NV has a 52 week low of $72.88 and a 52 week high of $123.24. The company has a market capitalization of $125.44 billion, a price-to-earnings ratio of 18.40, a price-to-earnings-growth ratio of 2.69 and a beta of 0.92.



Anheuser Busch Inbev (NYSE:BUD) last issued its quarterly earnings results on Thursday, October 25th. The consumer goods maker reported $0.82 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.86 by ($0.04). Anheuser Busch Inbev had a net margin of 12.64% and a return on equity of 18.68%. The business had revenue of $13.28 billion during the quarter, compared to analysts’ expectations of $13.74 billion. As a group, equities analysts forecast that Anheuser Busch Inbev NV will post 4.08 EPS for the current fiscal year.

BUD has been the subject of several research reports. Zacks Investment Research upgraded shares of Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a report on Wednesday, August 22nd. Royal Bank of Canada upgraded shares of Anheuser Busch Inbev from a “sector perform” rating to an “outperform” rating and set a $102.29 target price for the company in a report on Monday. They noted that the move was a valuation call. Macquarie set a $92.00 target price on shares of Anheuser Busch Inbev and gave the company a “buy” rating in a report on Tuesday, October 16th. Societe Generale upgraded shares of Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a report on Thursday, August 2nd. Finally, Guggenheim began coverage on shares of Anheuser Busch Inbev in a research report on Thursday, September 13th. They issued a “buy” rating and a $107.00 price target for the company. Four analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $114.96.

Anheuser Busch Inbev Profile

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It 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, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol.

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

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