Goldman Sachs Group Inc. Has $256.79 Million Position in Anheuser-Busch InBev SA/NV $BUD

Goldman Sachs Group Inc. increased its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,009,863 shares of the consumer goods maker’s stock after buying an additional 42,009 shares during the quarter. Goldman Sachs Group Inc. owned about 0.21% of Anheuser-Busch InBev SA/NV worth $256,792,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Brucke Financial Inc. grew its position in Anheuser-Busch InBev SA/NV by 2.9% during the fourth quarter. Brucke Financial Inc. now owns 6,235 shares of the consumer goods maker’s stock worth $399,000 after buying an additional 178 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 0.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 46,080 shares of the consumer goods maker’s stock valued at $2,747,000 after purchasing an additional 189 shares in the last quarter. National Bank of Canada FI boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 7.6% in the 3rd quarter. National Bank of Canada FI now owns 3,535 shares of the consumer goods maker’s stock valued at $211,000 after purchasing an additional 251 shares in the last quarter. Personal CFO Solutions LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 3.9% in the 3rd quarter. Personal CFO Solutions LLC now owns 7,092 shares of the consumer goods maker’s stock valued at $423,000 after purchasing an additional 265 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 5.5% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 5,595 shares of the consumer goods maker’s stock valued at $358,000 after purchasing an additional 293 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on BUD. SBG Securities downgraded Anheuser-Busch InBev SA/NV to a “hold” rating in a report on Monday, March 2nd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, May 7th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 19th. DZ Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, May 21st. Finally, Wells Fargo & Company raised their target price on Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV has a consensus rating of “Moderate Buy” and a consensus price target of $93.42.

Anheuser-Busch InBev SA/NV Trading Up 0.8%

Shares of BUD stock opened at $78.56 on Friday. Anheuser-Busch InBev SA/NV has a fifty-two week low of $56.97 and a fifty-two week high of $84.46. The company has a market cap of $153.23 billion, a PE ratio of 21.46, a P/E/G ratio of 1.27 and a beta of 0.59. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. The stock’s fifty day moving average price is $76.80 and its two-hundred day moving average price is $71.72.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 12.26% and a net margin of 11.90%.The company had revenue of $15.27 billion during the quarter. Equities analysts predict that Anheuser-Busch InBev SA/NV will post 4.32 EPS for the current fiscal year.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.