Brucke Financial Inc. Makes New Investment in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Key Points

• Brucke Financial Inc. has made a new investment in Anheuser-Busch InBev SA/NV, acquiring 4,496 shares valued at approximately $296,000.
• The company's stock is currently down 5.4% and has a market cap of $119.32 billion, with analysts providing a consensus rating of "Buy" and a target price of $71.50.
• Anheuser-Busch InBev recently increased its annual dividend to $1.0492 per share, representing a yield of 1.2%.

Brucke Financial Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,496 shares of the consumer goods maker's stock, valued at approximately $296,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Dodge & Cox boosted its position in shares of Anheuser-Busch InBev SA/NV by 27.7% during the fourth quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker's stock worth $2,002,641,000 after buying an additional 8,670,940 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in Anheuser-Busch InBev SA/NV by 7.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker's stock valued at $379,004,000 after purchasing an additional 505,206 shares during the period. Capital International Investors boosted its holdings in Anheuser-Busch InBev SA/NV by 5.5% in the fourth quarter. Capital International Investors now owns 2,594,619 shares of the consumer goods maker's stock valued at $129,201,000 after purchasing an additional 134,243 shares during the period. Clarkston Capital Partners LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 30.3% in the fourth quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker's stock valued at $74,797,000 after purchasing an additional 347,000 shares during the period. Finally, Renaissance Technologies LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 27.9% in the fourth quarter. Renaissance Technologies LLC now owns 997,700 shares of the consumer goods maker's stock valued at $49,955,000 after purchasing an additional 217,700 shares during the period. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

BUD stock traded down $0.49 on Friday, reaching $57.18. The company had a trading volume of 7,416,404 shares, compared to its average volume of 2,295,599. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $72.13. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.54 and a current ratio of 0.70. The company's fifty day moving average is $68.97 and its 200 day moving average is $62.79. The company has a market cap of $102.76 billion, a P/E ratio of 16.06, a PEG ratio of 1.44 and a beta of 0.82.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted 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 return on equity of 24.68% and a net margin of 12.16%. During the same period last year, the company posted $0.90 EPS. The company's quarterly revenue was down 2.1% compared to the same quarter last year. On average, research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on BUD shares. BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a report on Friday, May 30th. Wall Street Zen cut Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Sunday, May 18th. Finally, The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and boosted their price target for the company from $70.10 to $88.00 in a research report on Monday, May 12th. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average 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.