Anheuser-Busch InBev SA/NV $BUD Shares Purchased by Ieq Capital LLC

Ieq Capital LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 26.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,044 shares of the consumer goods maker’s stock after buying an additional 1,259 shares during the quarter. Ieq Capital LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $372,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of BUD. First Trust Advisors LP purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $585,000. Dimensional Fund Advisors LP lifted its position in shares of Anheuser-Busch InBev SA/NV by 2.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 102,196 shares of the consumer goods maker’s stock worth $5,117,000 after buying an additional 2,486 shares during the last quarter. Northern Trust Corp lifted its position in shares of Anheuser-Busch InBev SA/NV by 24.4% during the 4th quarter. Northern Trust Corp now owns 848,775 shares of the consumer goods maker’s stock worth $42,498,000 after buying an additional 166,315 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Anheuser-Busch InBev SA/NV by 4.8% during the 4th quarter. Ameriprise Financial Inc. now owns 48,896 shares of the consumer goods maker’s stock worth $2,448,000 after buying an additional 2,219 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its position in shares of Anheuser-Busch InBev SA/NV by 8,961.6% during the 4th quarter. BNP Paribas Financial Markets now owns 100,674 shares of the consumer goods maker’s stock worth $5,041,000 after buying an additional 99,563 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on BUD. The Goldman Sachs Group upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $70.10 to $88.00 in a research report on Monday, May 12th. BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 30th. Finally, Wall Street Zen downgraded shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research report on Sunday, May 18th. Three research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $71.50.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD opened at $60.20 on Friday. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $72.13. The company has a market capitalization of $108.19 billion, a PE ratio of 16.91, a P/E/G ratio of 1.67 and a beta of 0.79. The company has a 50-day simple moving average of $64.47 and a 200-day simple moving average of $64.82.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, topping the consensus estimate of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. The business’s quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.90 earnings per share. Equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Company 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.