28,113 Shares in Anheuser-Busch InBev SA/NV (NYSE:BUD) Acquired by ABC Arbitrage SA

Key Points

• ABC Arbitrage SA acquired 28,113 shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) valued at approximately $1,731,000 in the first quarter.
• Goldman Sachs upgraded Anheuser-Busch InBev from a "neutral" to a "buy" rating, raising the target price from $70.10 to $88.00, while BNP Paribas issued a "strong-buy" rating.
• In its latest earnings report, Anheuser-Busch InBev delivered an EPS of $0.98, exceeding expectations, but revenue decreased by 2.1% compared to the previous year.

ABC Arbitrage SA acquired a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 28,113 shares of the consumer goods maker's stock, valued at approximately $1,731,000.

A number of other large investors have also recently made changes to their positions in BUD. NBC Securities Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV in the first quarter worth about $32,000. Garde Capital Inc. purchased a new position in Anheuser-Busch InBev SA/NV in the 1st quarter valued at approximately $37,000. Measured Risk Portfolios Inc. acquired a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter worth $40,000. ST Germain D J Co. Inc. purchased a new position in Anheuser-Busch InBev SA/NV during the 1st quarter worth $41,000. Finally, Rossby Financial LCC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the first quarter valued at about $49,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on BUD. The Goldman Sachs Group upgraded shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $70.10 to $88.00 in a research report on Monday, May 12th. Wall Street Zen cut shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a report on Sunday, May 18th. Finally, BNP Paribas raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. Two analysts have rated the stock with a hold rating, six have given a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $71.50.

Anheuser-Busch InBev SA/NV Stock Performance

Anheuser-Busch InBev SA/NV stock opened at $58.16 on Tuesday. The stock has a market cap of $104.52 billion, a PE ratio of 16.34, a P/E/G ratio of 1.43 and a beta of 0.79. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79. The business's 50-day moving average price is $68.75 and its two-hundred day moving average price is $63.08. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%. During the same period last year, the firm earned $0.90 EPS. The business's revenue was down 2.1% compared to the same quarter last year. As a group, analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

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.

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