Banco Bilbao Vizcaya Argentaria S.A. Sells 4,448 Shares of Anheuser-Busch InBev SA/NV $BUD

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. lowered its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 57.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,252 shares of the consumer goods maker's stock after selling 4,448 shares during the quarter. 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 have also recently made changes to their positions in the company. Northern Trust Corp increased its stake in Anheuser-Busch InBev SA/NV by 14.0% in the 1st quarter. Northern Trust Corp now owns 967,550 shares of the consumer goods maker's stock worth $59,562,000 after acquiring an additional 118,775 shares during the last quarter. Brooklyn Investment Group increased its stake in Anheuser-Busch InBev SA/NV by 874.0% in the 1st quarter. Brooklyn Investment Group now owns 9,711 shares of the consumer goods maker's stock worth $598,000 after acquiring an additional 8,714 shares during the last quarter. Raymond James Financial Inc. increased its stake in Anheuser-Busch InBev SA/NV by 24.8% in the 1st quarter. Raymond James Financial Inc. now owns 929,927 shares of the consumer goods maker's stock worth $57,246,000 after acquiring an additional 184,749 shares during the last quarter. Ethic Inc. increased its stake in Anheuser-Busch InBev SA/NV by 2.9% in the 1st quarter. Ethic Inc. now owns 86,009 shares of the consumer goods maker's stock worth $5,298,000 after acquiring an additional 2,437 shares during the last quarter. Finally, Fox Run Management L.L.C. bought a new stake in Anheuser-Busch InBev SA/NV in the 1st quarter worth approximately $1,396,000. Hedge funds and other institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Down 0.2%

NYSE BUD traded down $0.12 on Thursday, reaching $62.67. 2,005,207 shares of the stock traded hands, compared to its average volume of 2,397,173. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64. The company has a fifty day moving average price of $65.70 and a 200-day moving average price of $64.39. The company has a market cap of $112.63 billion, a price-to-earnings ratio of 17.60, a PEG ratio of 1.76 and a beta of 0.79. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $72.13.

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 for the quarter, beating 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%.The company's quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.90 earnings per share. As a group, research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on BUD. Wall Street Zen cut Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a report on Sunday, May 18th. BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a report on Friday, May 30th. Finally, The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $70.10 to $88.00 in a report on Monday, May 12th. Three investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target 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.