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Vestmark and other firms increased stakes in Anheuser-Busch InBev, which beat earnings estimates.
Vestmark Advisory Solutions Inc. significantly boosted its stake in Anheuser-Busch InBev (BUD) by 74.3%, while other firms like Hara Capital LLC and Seafarer Capital Partners LLC also increased their holdings.
BUD reported EPS of $0.88, beating estimates by $0.13.
With a market cap of $113.41 billion, Deutsche Bank upgraded BUD's rating to "buy."
The company produces popular beer brands such as Budweiser, Corona, and Stella Artois.
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Vestmark y otras empresas aumentaron las participaciones en Anheuser-Busch InBev, lo que superó las estimaciones de ingresos.