Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Acquired by &Partners

&Partners lifted its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 18.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,983 shares of the consumer goods maker’s stock after buying an additional 2,610 shares during the period. &Partners’ holdings in Anheuser-Busch InBev SA/NV were worth $988,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in BUD. Capital International Investors increased its holdings in Anheuser-Busch InBev SA/NV by 0.9% in the fourth quarter. Capital International Investors now owns 2,124,860 shares of the consumer goods maker’s stock valued at $137,447,000 after buying an additional 18,280 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Anheuser-Busch InBev SA/NV by 1.1% in the first quarter. Janney Montgomery Scott LLC now owns 31,386 shares of the consumer goods maker’s stock valued at $1,908,000 after buying an additional 354 shares in the last quarter. Simplicity Wealth LLC purchased a new position in Anheuser-Busch InBev SA/NV in the first quarter valued at about $1,604,000. Perpetual Ltd increased its holdings in Anheuser-Busch InBev SA/NV by 13.7% in the first quarter. Perpetual Ltd now owns 127,155 shares of the consumer goods maker’s stock valued at $7,736,000 after buying an additional 15,364 shares in the last quarter. Finally, OLD Mission Capital LLC purchased a new position in Anheuser-Busch InBev SA/NV in the first quarter valued at about $4,046,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Up 1.1 %

BUD traded up $0.70 during trading on Friday, hitting $61.67. The company’s stock had a trading volume of 315,293 shares, compared to its average volume of 1,748,152. The firm’s 50 day moving average price is $60.24 and its 200-day moving average price is $61.27. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48. The stock has a market cap of $110.83 billion, a PE ratio of 25.62, a PEG ratio of 1.70 and a beta of 1.10. Anheuser-Busch InBev SA/NV has a twelve month low of $51.66 and a twelve month high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Thursday, August 1st. The consumer goods maker reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.06. The company had revenue of $15.33 billion during the quarter, compared to the consensus estimate of $15.21 billion. Anheuser-Busch InBev SA/NV had a return on equity of 21.74% and a net margin of 9.89%. During the same period in the previous year, the firm posted $0.72 EPS. On average, analysts expect that Anheuser-Busch InBev SA/NV will post 3.35 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BUD. Morgan Stanley cut their price objective on Anheuser-Busch InBev SA/NV from $70.00 to $68.50 and set an “overweight” rating for the company in a research report on Tuesday, July 2nd. UBS Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus 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.