XY Capital Ltd Raises Stock Holdings in Anheuser-Busch InBev SA/NV $BUD

XY Capital Ltd lifted its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 740.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,961 shares of the consumer goods maker’s stock after acquiring an additional 32,561 shares during the period. Anheuser-Busch InBev SA/NV accounts for approximately 1.2% of XY Capital Ltd’s portfolio, making the stock its 21st biggest holding. XY Capital Ltd’s holdings in Anheuser-Busch InBev SA/NV were worth $2,203,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 494.7% in the 3rd quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock valued at $27,000 after purchasing an additional 371 shares in the last quarter. Mather Group LLC. purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the third quarter worth about $34,000. Elevation Point Wealth Partners LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the second quarter valued at approximately $35,000. Paradigm Asset Management Co. LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the third quarter valued at approximately $53,000. Finally, Rexford Capital Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the second quarter valued at approximately $55,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Up 0.6%

Shares of NYSE BUD opened at $72.35 on Friday. The stock has a market capitalization of $141.11 billion, a PE ratio of 21.03, a P/E/G ratio of 1.21 and a beta of 0.54. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 0.74. The firm has a fifty day moving average of $73.17 and a 200-day moving average of $65.57. Anheuser-Busch InBev SA/NV has a 52-week low of $56.97 and a 52-week high of $81.56.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 15.67% and a net margin of 11.53%.The business had revenue of $15.56 billion for the quarter, compared to analyst estimates of $15.48 billion. During the same period last year, the company posted $0.88 EPS. The business’s quarterly revenue was up 6.2% on a year-over-year basis. On average, analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Analyst Ratings Changes

Several analysts have commented on BUD shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, February 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, December 29th. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, February 26th. Sanford C. Bernstein reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 26th. Finally, SBG Securities lowered Anheuser-Busch InBev SA/NV to a “hold” rating in a research note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $81.00.

About Anheuser-Busch InBev SA/NV

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.