Anheuser-Busch InBev SA/NV $BUD Shares Sold by Banco Bilbao Vizcaya Argentaria S.A.

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. reduced its holdings in Anheuser-Busch InBev SA/NV by 57.8%, now owning 3,252 shares valued at $200,000.
• Several large investors, including The Manufacturers Life Insurance Company and Northern Trust Corp, increased their positions in Anheuser-Busch InBev during the same quarter.
• Analysts' ratings for Anheuser-Busch InBev vary, with some upgrades leading to an average consensus rating of "Buy" and a target price increase to $71.50.

Banco Bilbao Vizcaya Argentaria S.A. trimmed its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 57.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,252 shares of the consumer goods maker's stock after selling 4,448 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Anheuser-Busch InBev SA/NV were worth $200,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. NBC Securities Inc. purchased a new position in Anheuser-Busch InBev SA/NV during the 1st quarter valued at about $32,000. Garde Capital Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the first quarter valued at approximately $37,000. ST Germain D J Co. Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the first quarter valued at approximately $41,000. Rossby Financial LCC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $49,000. Finally, Measured Risk Portfolios Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $40,000. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Trading Down 0.1%

Shares of NYSE BUD traded down $0.05 on Friday, reaching $62.60. 1,490,537 shares of the company traded hands, compared to its average volume of 2,470,889. The stock 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 fifty-two week low of $45.94 and a fifty-two week high of $72.13. 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 company has a 50 day moving average of $65.36 and a 200 day moving average of $64.65.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its earnings results 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 net margin of 12.16% and a return on equity of 16.21%. During the same period in the prior year, the business earned $0.90 earnings per share. The company's revenue was down 2.1% compared to the same quarter last year. On average, equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have commented on BUD. 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 report on Monday, May 12th. BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a report on Friday, May 30th. Finally, Wall Street Zen cut shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th. Three analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Buy" and a consensus target price of $71.50.

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.