Thompson Siegel & Walmsley LLC Raises Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Thompson Siegel & Walmsley LLC grew its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 8.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 137,786 shares of the consumer goods maker’s stock after acquiring an additional 10,631 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $8,012,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in BUD. Capital International Investors lifted its holdings in Anheuser-Busch InBev SA/NV by 1.8% in the 1st quarter. Capital International Investors now owns 2,163,607 shares of the consumer goods maker’s stock valued at $131,504,000 after purchasing an additional 38,747 shares in the last quarter. DAVENPORT & Co LLC boosted its position in Anheuser-Busch InBev SA/NV by 36.8% during the first quarter. DAVENPORT & Co LLC now owns 2,062,543 shares of the consumer goods maker’s stock worth $125,389,000 after acquiring an additional 555,362 shares during the last quarter. Seafarer Capital Partners LLC boosted its position in Anheuser-Busch InBev SA/NV by 20.2% during the first quarter. Seafarer Capital Partners LLC now owns 952,000 shares of the consumer goods maker’s stock worth $57,863,000 after acquiring an additional 160,000 shares during the last quarter. Wells Fargo & Company MN grew its stake in Anheuser-Busch InBev SA/NV by 4.4% in the 4th quarter. Wells Fargo & Company MN now owns 873,977 shares of the consumer goods maker’s stock worth $56,476,000 after acquiring an additional 37,084 shares during the period. Finally, Raymond James & Associates raised its holdings in Anheuser-Busch InBev SA/NV by 33.7% in the 2nd quarter. Raymond James & Associates now owns 726,470 shares of the consumer goods maker’s stock valued at $42,244,000 after acquiring an additional 183,301 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Up 0.1 %

Shares of BUD opened at $64.90 on Monday. Anheuser-Busch InBev SA/NV has a twelve month low of $51.66 and a twelve month high of $67.49. The firm has a market capitalization of $116.64 billion, a P/E ratio of 27.27, a price-to-earnings-growth ratio of 1.81 and a beta of 1.09. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The stock’s fifty day simple moving average is $61.29 and its 200 day simple moving average is $61.16.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Thursday, August 1st. The consumer goods maker reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.06. Anheuser-Busch InBev SA/NV had a return on equity of 14.77% and a net margin of 9.89%. The company had revenue of $15.33 billion for the quarter, compared to the consensus estimate of $15.21 billion. During the same period last year, the business posted $0.72 EPS. On average, equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.41 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. UBS Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Monday, June 24th. Morgan Stanley raised their price target on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 10th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV currently has an average rating of “Moderate Buy” and an average target price of $73.25.

About Anheuser-Busch InBev SA/NV

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.