American Century Companies Inc. Sells 16,183 Shares of Anheuser-Busch InBev SA/NV $BUD

Key Points

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American Century Companies Inc. reduced its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 7.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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.

A number of other hedge funds also recently made changes to their positions in BUD. Invesco Ltd. bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth $3,637,000. NewEdge Advisors LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 12.5% during the 4th quarter. NewEdge Advisors LLC now owns 8,227 shares of the consumer goods maker's stock worth $412,000 after purchasing an additional 912 shares during the period. First Trust Advisors LP bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth $585,000. Dimensional Fund Advisors LP raised its stake 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 purchasing an additional 2,486 shares during the period. Finally, OneDigital Investment Advisors LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 28.2% during the 4th quarter. OneDigital Investment Advisors LLC now owns 5,890 shares of the consumer goods maker's stock worth $295,000 after purchasing an additional 1,296 shares during the period. 5.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently commented on BUD shares. BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. The Goldman Sachs Group upgraded 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 note on Monday, May 12th. Finally, Wall Street Zen downgraded Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note 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 issued a Hold rating to the company. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV currently has an average rating of "Buy" and an average price target of $71.50.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD stock traded down $0.05 on Friday, hitting $62.60. 1,490,537 shares of the stock were exchanged, compared to its average volume of 2,174,519. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $112.50 billion, a PE ratio of 17.58, a P/E/G ratio of 1.76 and a beta of 0.79. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13. The firm's 50 day moving average is $65.36 and its two-hundred day moving average is $64.73.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 quarter last year, the business posted $0.90 EPS. The business's quarterly revenue was down 2.1% on a year-over-year basis. Sell-side 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.