May Hill Capital LLC Makes New Investment in Anheuser-Busch InBev SA/NV $BUD

May Hill Capital LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 7,760 shares of the consumer goods maker’s stock, valued at approximately $497,000.

Other large investors also recently made changes to their positions in the company. Bogart Wealth LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 3,800.0% during the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock worth $25,000 after purchasing an additional 380 shares during the period. Fifth Third Bancorp lifted its stake in shares of Anheuser-Busch InBev SA/NV by 251.6% during the 4th quarter. Fifth Third Bancorp now owns 865 shares of the consumer goods maker’s stock worth $55,000 after purchasing an additional 619 shares during the period. Paradigm Asset Management Co. LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter worth $53,000. Ameriflex Group Inc. lifted its stake in shares of Anheuser-Busch InBev SA/NV by 975.2% during the 3rd quarter. Ameriflex Group Inc. now owns 1,258 shares of the consumer goods maker’s stock worth $75,000 after purchasing an additional 1,141 shares during the period. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth $88,000. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Up 0.0%

Shares of BUD opened at $80.95 on Monday. 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 firm has a market capitalization of $157.88 billion, a P/E ratio of 22.12, a price-to-earnings-growth ratio of 1.34 and a beta of 0.57. The stock’s fifty day simple moving average is $73.75 and its 200 day simple moving average is $69.80. Anheuser-Busch InBev SA/NV has a twelve month low of $56.97 and a twelve month high of $82.91.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share for the quarter. The business had revenue of $15.27 billion for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 12.26% and a net margin of 11.90%. On average, equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 4.27 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. DZ Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, February 20th. Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, May 6th. Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 5th. JPMorgan Chase & Co. increased their price target on Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Finally, SBG Securities lowered Anheuser-Busch InBev SA/NV to a “hold” rating in a research note on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $93.42.

Anheuser-Busch InBev SA/NV Profile

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.