Anheuser-Busch InBev SA/NV $BUD Shares Purchased by Dodge & Cox

Key Points

• Dodge & Cox increased its holdings in Anheuser-Busch InBev SA/NV by 2.8%, now owning over 41 million shares valued at approximately $2.53 billion, making it the investor's 27th largest holding.
• The company's stock has a market capitalization of $114.76 billion and reported a PE ratio of 17.94, indicating strong market interest.
• Anheuser-Busch InBev SA/NV achieved an EPS of $0.98 in its last quarterly earnings, exceeding analyst estimates, despite a 2.1% year-over-year revenue decrease.

Dodge & Cox increased its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 2.8% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 41,116,138 shares of the consumer goods maker's stock after purchasing an additional 1,119,308 shares during the quarter. Anheuser-Busch InBev SA/NV accounts for about 1.4% of Dodge & Cox's investment portfolio, making the stock its 27th largest holding. Dodge & Cox owned approximately 2.29% of Anheuser-Busch InBev SA/NV worth $2,531,109,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Jump Financial LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the first quarter valued at approximately $412,000. Hotchkis & Wiley Capital Management LLC grew its position in Anheuser-Busch InBev SA/NV by 7.3% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 2,790,240 shares of the consumer goods maker's stock valued at $171,767,000 after acquiring an additional 190,830 shares in the last quarter. SVB Wealth LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the first quarter valued at approximately $140,000. Smartleaf Asset Management LLC grew its position in Anheuser-Busch InBev SA/NV by 52.4% in the first quarter. Smartleaf Asset Management LLC now owns 4,420 shares of the consumer goods maker's stock valued at $274,000 after acquiring an additional 1,519 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in Anheuser-Busch InBev SA/NV by 22.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 105,838 shares of the consumer goods maker's stock valued at $6,515,000 after acquiring an additional 19,586 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD opened at $63.8540 on Friday. The business's fifty day moving average price is $66.18 and its 200 day moving average price is $64.13. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $72.13. The stock has a market capitalization of $114.76 billion, a PE ratio of 17.94, a price-to-earnings-growth ratio of 1.77 and a beta of 0.79. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share (EPS) 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%.During the same quarter in the previous year, the firm earned $0.90 EPS. Anheuser-Busch InBev SA/NV's revenue for the quarter was down 2.1% on a year-over-year basis. Equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Wall Street Analyst Weigh In

BUD has been the subject of several recent research reports. Wall Street Zen downgraded shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Sunday, May 18th. 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. Finally, The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and increased their target price for the company from $70.10 to $88.00 in a research note on Monday, May 12th. Three analysts have rated the stock with a Strong Buy rating, six have given 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 a consensus 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.

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