Anheuser-Busch InBev SA/NV $BUD Shares Sold by American Century Companies Inc.

Key Points

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American Century Companies Inc. cut its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 7.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 198,454 shares of the consumer goods maker's stock after selling 16,183 shares during the quarter. American Century Companies Inc.'s holdings in Anheuser-Busch InBev SA/NV were worth $12,217,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. The Manufacturers Life Insurance Company grew its position in Anheuser-Busch InBev SA/NV by 7.2% during the fourth quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker's stock valued at $379,004,000 after acquiring an additional 505,206 shares during the last quarter. Northern Trust Corp grew its stake in Anheuser-Busch InBev SA/NV by 24.4% in the fourth quarter. Northern Trust Corp now owns 848,775 shares of the consumer goods maker's stock worth $42,498,000 after purchasing an additional 166,315 shares during the period. Alberta Investment Management Corp grew its stake in Anheuser-Busch InBev SA/NV by 34.0% in the first quarter. Alberta Investment Management Corp now owns 763,800 shares of the consumer goods maker's stock worth $47,020,000 after purchasing an additional 193,800 shares during the period. Penn Davis Mcfarland Inc. grew its stake in shares of Anheuser-Busch InBev SA/NV by 0.7% in the first quarter. Penn Davis Mcfarland Inc. now owns 470,711 shares of the consumer goods maker's stock worth $28,977,000 after acquiring an additional 3,192 shares during the last quarter. Finally, Sei Investments Co. grew its stake in shares of Anheuser-Busch InBev SA/NV by 7.0% in the first quarter. Sei Investments Co. now owns 344,516 shares of the consumer goods maker's stock worth $21,208,000 after acquiring an additional 22,579 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD stock traded down $0.12 during mid-day trading on Thursday, hitting $62.67. 2,005,207 shares of the stock were exchanged, compared to its average volume of 2,828,308. The firm has a fifty day moving average of $65.54 and a 200 day moving average of $64.48. 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 cap of $112.63 billion, a PE ratio of 17.60, a price-to-earnings-growth ratio of 1.77 and a beta of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share 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 revenue was down 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.90 earnings per share. Research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Wall Street Analysts Forecast Growth

BUD has been the topic of several recent analyst reports. Wall Street Zen cut Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Sunday, May 18th. The Goldman Sachs Group raised Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $70.10 to $88.00 in a research note on Monday, May 12th. Finally, BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a report on Friday, May 30th. Three research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $71.50.

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.