Anheuser-Busch InBev SA/NV $BUD Shares Purchased by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors increased its Anheuser-Busch InBev stake by 12.9% in the first quarter, bringing its holdings to 121,435 shares valued at approximately $8.4 million. Institutional investors collectively own 5.53% of BUD.
• AB InBev reported quarterly EPS of $1.21, beating estimates of $1.09, while revenue rose 11% year over year to $16.66 billion, above expectations.
• Analysts hold a “Moderate Buy” consensus rating, with 11 Buy ratings and six Holds and an average price target of $91.08, compared with the stock’s recent price of $83.08.

Dimensional Fund Advisors LP raised its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 12.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 121,435 shares of the consumer goods maker's stock after purchasing an additional 13,877 shares during the quarter. Dimensional Fund Advisors LP's holdings in Anheuser-Busch InBev SA/NV were worth $8,424,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Fisher Asset Management LLC lifted its position in Anheuser-Busch InBev SA/NV by 3.3% during the 4th quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker's stock worth $728,801,000 after acquiring an additional 368,721 shares in the last quarter. ARQ Wealth Advisors LLC grew its position in Anheuser-Busch InBev SA/NV by 691.3% in the first quarter. ARQ Wealth Advisors LLC now owns 60,299 shares of the consumer goods maker's stock valued at $4,183,000 after acquiring an additional 52,679 shares in the last quarter. Greenwood Capital Associates LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the first quarter valued at approximately $3,636,000. BNP Paribas acquired a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $1,921,000. Finally, Assetmark Inc. raised its stake in shares of Anheuser-Busch InBev SA/NV by 12.5% during the fourth quarter. Assetmark Inc. now owns 64,675 shares of the consumer goods maker's stock valued at $4,142,000 after purchasing an additional 7,197 shares during the period. Institutional investors and hedge funds own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Price Performance

BUD stock opened at $83.08 on Tuesday. The stock's 50 day moving average is $81.76 and its two-hundred day moving average is $77.67. Anheuser-Busch InBev SA/NV has a 52-week low of $57.79 and a 52-week high of $86.60. The company has a market capitalization of $167.76 billion, a PE ratio of 17.60, a P/E/G ratio of 1.29 and a beta of 0.60. The company has a quick ratio of 0.50, a current ratio of 0.66 and a debt-to-equity ratio of 0.68.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its earnings results on Wednesday, July 29th. The consumer goods maker reported $1.21 EPS for the quarter, beating the consensus estimate of $1.09 by $0.12. Anheuser-Busch InBev SA/NV had a return on equity of 16.42% and a net margin of 14.90%.The company had revenue of $16.66 billion during the quarter, compared to analysts' expectations of $16.23 billion. During the same period in the prior year, the business posted $0.98 EPS. The business's revenue was up 11.0% on a year-over-year basis. Analysts predict that Anheuser-Busch InBev SA/NV will post 4.37 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently commented on BUD. Royal Bank Of Canada reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Morgan Stanley lowered their price target on shares of Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an "overweight" rating for the company in a report on Thursday, July 2nd. DZ Bank reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, May 21st. The Goldman Sachs Group reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, May 7th. Finally, Deutsche Bank Aktiengesellschaft reissued a "neutral" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, July 1st. Eleven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $91.08.

Anheuser-Busch InBev SA/NV Profile

Anheuser-Busch InBev SA/NV NYSE: BUD is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world's largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company's operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev's portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.

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