Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Bought by Bleakley Financial Group LLC

Bleakley Financial Group LLC increased its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 5.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,383 shares of the consumer goods maker’s stock after buying an additional 1,454 shares during the quarter. Bleakley Financial Group LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,604,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. DAVENPORT & Co LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 36.8% in the 1st quarter. DAVENPORT & Co LLC now owns 2,062,543 shares of the consumer goods maker’s stock worth $125,389,000 after purchasing an additional 555,362 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Anheuser-Busch InBev SA/NV in the fourth quarter worth approximately $136,630,000. Seafarer Capital Partners LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 20.2% in the first quarter. Seafarer Capital Partners LLC now owns 952,000 shares of the consumer goods maker’s stock valued at $57,863,000 after buying an additional 160,000 shares in the last quarter. Brandes Investment Partners LP lifted its position in shares of Anheuser-Busch InBev SA/NV by 52.7% during the 4th quarter. Brandes Investment Partners LP now owns 301,882 shares of the consumer goods maker’s stock valued at $19,508,000 after acquiring an additional 104,209 shares during the last quarter. Finally, Susquehanna International Securities Ltd. grew its holdings in shares of Anheuser-Busch InBev SA/NV by 2,380.1% in the 1st quarter. Susquehanna International Securities Ltd. now owns 95,088 shares of the consumer goods maker’s stock worth $5,779,000 after acquiring an additional 91,254 shares during the last quarter. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Up 2.4 %

Shares of NYSE BUD opened at $61.67 on Thursday. The company has a current ratio of 0.63, a quick ratio of 0.48 and a debt-to-equity ratio of 0.80. Anheuser-Busch InBev SA/NV has a one year low of $51.66 and a one year high of $67.49. The business has a 50-day moving average price of $61.85 and a two-hundred day moving average price of $61.77. The firm has a market capitalization of $110.83 billion, a PE ratio of 25.91, a PEG ratio of 1.67 and a beta of 1.10.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Wednesday, May 8th. The consumer goods maker reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 8.03% and a return on equity of 14.01%. The company had revenue of $14.55 billion during the quarter, compared to analyst estimates of $14.43 billion. During the same quarter last year, the business posted $0.65 EPS. The company’s revenue for the quarter was up 2.3% on a year-over-year basis. As a group, analysts predict that Anheuser-Busch InBev SA/NV will post 3.36 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on BUD. UBS Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. Morgan Stanley reduced their price objective on shares of Anheuser-Busch InBev SA/NV from $70.00 to $68.50 and set an “overweight” rating for the company in a research note on Tuesday, July 2nd. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $72.13.

Anheuser-Busch InBev SA/NV Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.