Anheuser-Busch InBev SA/NV $BUD Shares Bought by Hotchkis & Wiley Capital Management LLC

Key Points

• Hotchkis & Wiley Capital Management LLC increased its stake in Anheuser-Busch InBev by 7.3%, owning 2,790,240 shares valued at approximately $171.77 million as of the end of the most recent quarter.
• Institutional investors collectively own 5.53% of Anheuser-Busch InBev's stock, with multiple firms reporting significant increases in their holdings during the first quarter.
• Several analysts have upgraded Anheuser-Busch InBev's stock ratings, with Goldman Sachs raising its target price from $70.10 to $88.00, indicating a positive outlook for the company.

Hotchkis & Wiley Capital Management LLC raised its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 7.3% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,790,240 shares of the consumer goods maker's stock after purchasing an additional 190,830 shares during the period. Hotchkis & Wiley Capital Management LLC owned approximately 0.16% of Anheuser-Busch InBev SA/NV worth $171,767,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of BUD. Invesco Ltd. bought a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth about $3,637,000. NewEdge Advisors LLC increased its position in Anheuser-Busch InBev SA/NV by 12.5% in the 4th quarter. NewEdge Advisors LLC now owns 8,227 shares of the consumer goods maker's stock valued at $412,000 after buying an additional 912 shares in the last quarter. Commerce Bank grew its position in Anheuser-Busch InBev SA/NV by 10.6% in the 4th quarter. Commerce Bank now owns 6,350 shares of the consumer goods maker's stock worth $318,000 after purchasing an additional 611 shares in the last quarter. First Trust Advisors LP bought a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth about $585,000. Finally, Dimensional Fund Advisors LP grew its position in Anheuser-Busch InBev SA/NV by 2.5% in 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 in the last quarter. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Stock Down 0.0%

Anheuser-Busch InBev SA/NV stock traded down $0.01 during midday trading on Thursday, hitting $62.78. 1,051,836 shares of the company's stock were exchanged, compared to its average volume of 2,391,082. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $72.13. The firm has a 50-day moving average of $65.70 and a two-hundred day moving average of $64.39. The company has a market cap of $112.82 billion, a PE ratio of 17.63, a P/E/G ratio of 1.76 and a beta of 0.79.

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 for the quarter, topping 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%.The business's quarterly revenue was down 2.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.90 earnings per share. As a group, analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on BUD. The Goldman Sachs Group raised shares of 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 report on Monday, May 12th. Wall Street Zen cut Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note 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. Three 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 company's stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price 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.