MQS Management LLC Buys New Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

MQS Management LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,192 shares of the consumer goods maker’s stock, valued at approximately $498,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Dynamic Advisor Solutions LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter valued at $307,000. Brookstone Capital Management acquired a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter valued at $221,000. SG Americas Securities LLC grew its position in Anheuser-Busch InBev SA/NV by 232.4% during the fourth quarter. SG Americas Securities LLC now owns 25,052 shares of the consumer goods maker’s stock valued at $1,619,000 after buying an additional 17,516 shares during the period. Armstrong Advisory Group Inc. grew its position in Anheuser-Busch InBev SA/NV by 17.7% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,692 shares of the consumer goods maker’s stock valued at $109,000 after buying an additional 254 shares during the period. Finally, Ritholtz Wealth Management grew its position in Anheuser-Busch InBev SA/NV by 15.4% during the fourth quarter. Ritholtz Wealth Management now owns 12,800 shares of the consumer goods maker’s stock valued at $827,000 after buying an additional 1,710 shares during the period. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Morgan Stanley dropped their target price on shares of Anheuser-Busch InBev SA/NV from $70.00 to $68.50 and set an “overweight” rating on the stock in a research report on Tuesday, July 2nd. UBS Group upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $72.13.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE:BUD traded up $0.15 during midday trading on Thursday, hitting $60.70. The company’s stock had a trading volume of 1,022,715 shares, compared to its average volume of 1,786,437. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.48 and a current ratio of 0.63. Anheuser-Busch InBev SA/NV has a 12-month low of $51.66 and a 12-month high of $67.49. The company has a market cap of $109.09 billion, a P/E ratio of 25.50, a price-to-earnings-growth ratio of 1.69 and a beta of 1.10. The business’s 50 day simple moving average is $61.32 and its 200 day simple moving average is $61.64.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Wednesday, May 8th. The consumer goods maker reported $0.75 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations of $14.43 billion. During the same quarter in the previous year, the business posted $0.65 EPS. The firm’s revenue was up 2.3% on a year-over-year basis. On average, analysts forecast that Anheuser-Busch InBev SA/NV will post 3.35 EPS for the current year.

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.