Dodge & Cox Increases Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Dodge & Cox grew its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 27.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 39,996,830 shares of the consumer goods maker's stock after purchasing an additional 8,670,940 shares during the quarter. Dodge & Cox owned approximately 2.23% of Anheuser-Busch InBev SA/NV worth $2,002,641,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Orion Portfolio Solutions LLC raised its stake in Anheuser-Busch InBev SA/NV by 9.9% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 14,610 shares of the consumer goods maker's stock worth $968,000 after acquiring an additional 1,313 shares in the last quarter. M&T Bank Corp boosted its position in shares of Anheuser-Busch InBev SA/NV by 16.7% in the 3rd quarter. M&T Bank Corp now owns 6,519 shares of the consumer goods maker's stock valued at $432,000 after purchasing an additional 935 shares during the period. Anchor Investment Management LLC grew its stake in Anheuser-Busch InBev SA/NV by 120.6% during the 3rd quarter. Anchor Investment Management LLC now owns 772 shares of the consumer goods maker's stock worth $51,000 after buying an additional 422 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Anheuser-Busch InBev SA/NV during the third quarter worth approximately $138,000. Finally, Tidal Investments LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 4.8% in the third quarter. Tidal Investments LLC now owns 18,654 shares of the consumer goods maker's stock valued at $1,237,000 after acquiring an additional 852 shares during the period. Hedge funds and other institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Price Performance

Shares of Anheuser-Busch InBev SA/NV stock traded up $0.91 during trading on Friday, reaching $65.55. The company's stock had a trading volume of 3,321,557 shares, compared to its average volume of 1,872,107. The company has a market capitalization of $117.80 billion, a P/E ratio of 20.23, a price-to-earnings-growth ratio of 1.73 and a beta of 0.80. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The business has a 50 day moving average price of $60.23 and a 200-day moving average price of $56.59. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.13. The business had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. As a group, sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on BUD shares. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. Argus raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 target price for the company in a report on Thursday, March 27th. TD Cowen lowered their price target on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating on the stock in a report on Wednesday, January 8th. Berenberg Bank started coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They set a "buy" rating for the company. Finally, StockNews.com downgraded Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Wednesday. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $66.00.

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.