Schwerin Boyle Capital Management Inc. Has $3.25 Million Stock Position in Anheuser-Busch InBev SA/NV $BUD

Key Points

• Schwerin Boyle Capital Management Inc. reduced its stake in Anheuser-Busch InBev by 7.8%, selling 4,454 shares during the first quarter and now holding 52,761 shares worth approx. $3.25 million.
• Several institutional investors increased their positions in Anheuser-Busch InBev in Q1, including a 224.7% increase from Sequoia Financial Advisors and new acquisitions from ABC Arbitrage and Pinnacle Financial Partners.
• Analysts have mixed ratings on Anheuser-Busch InBev, with BNP Paribas upgrading the stock to "strong-buy" while the overall consensus remains a "buy" with an average target price of $71.50.

Schwerin Boyle Capital Management Inc. trimmed its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 7.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,761 shares of the consumer goods maker's stock after selling 4,454 shares during the quarter. Schwerin Boyle Capital Management Inc.'s holdings in Anheuser-Busch InBev SA/NV were worth $3,248,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. NBC Securities Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth about $32,000. Garde Capital Inc. purchased a new stake in Anheuser-Busch InBev SA/NV during the first quarter worth approximately $37,000. Measured Risk Portfolios Inc. purchased a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $40,000. ST Germain D J Co. Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV in the first quarter valued at approximately $41,000. Finally, Rossby Financial LCC acquired a new position in Anheuser-Busch InBev SA/NV during the first quarter worth $49,000. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD traded down $0.05 during midday trading on Friday, reaching $62.60. The stock had a trading volume of 1,490,537 shares, compared to its average volume of 2,470,889. 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 debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48. The firm's 50 day moving average price is $65.36 and its 200-day moving average price is $64.56. The company has a market capitalization of $112.50 billion, a P/E ratio of 17.58, 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 earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share (EPS) for the quarter, topping 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 period in the previous year, the business posted $0.90 EPS. The firm's revenue was down 2.1% on a year-over-year basis. On average, analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently issued reports on BUD shares. Wall Street Zen downgraded 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 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. Finally, 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. Three investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $71.50.

About Anheuser-Busch InBev SA/NV

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.