Callan Family Office LLC Purchases 66,413 Shares of Anheuser-Busch InBev SA/NV $BUD

Key Points

• Callan Family Office LLC increased its stake in Anheuser-Busch InBev SA/NV by 244.9%, acquiring an additional 66,413 shares in the second quarter, bringing their total holdings to 93,526 shares valued at $6,427,000.
• Significant institutional investors have also raised their holdings in Anheuser-Busch, including Goldman Sachs with a 25.3% increase, contributing to a total of 5.53% of the stock being owned by institutional investors.
• Analysts have maintained a positive outlook on Anheuser-Busch, with multiple firms including Morningstar and Deutsche Bank issuing "buy" ratings, resulting in an average rating of "Moderate Buy" and a target price of $71.00.

Callan Family Office LLC grew its position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 244.9% in the second quarter, according to its most recent filing with the SEC. The fund owned 93,526 shares of the consumer goods maker's stock after acquiring an additional 66,413 shares during the period. Callan Family Office LLC's holdings in Anheuser-Busch InBev SA/NV were worth $6,427,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Dodge & Cox increased its holdings in Anheuser-Busch InBev SA/NV by 2.8% in the first quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker's stock valued at $2,531,109,000 after purchasing an additional 1,119,308 shares during the period. Hotchkis & Wiley Capital Management LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 7.3% in the 1st 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 buying an additional 190,830 shares during the period. Clarkston Capital Partners LLC raised its stake in Anheuser-Busch InBev SA/NV by 0.3% during the 1st quarter. Clarkston Capital Partners LLC now owns 1,498,297 shares of the consumer goods maker's stock worth $92,235,000 after buying an additional 4,455 shares during the period. Goldman Sachs Group Inc. raised its stake in Anheuser-Busch InBev SA/NV by 25.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker's stock worth $81,151,000 after buying an additional 265,783 shares during the period. Finally, Northern Trust Corp raised its stake in Anheuser-Busch InBev SA/NV by 14.0% during the 1st quarter. Northern Trust Corp now owns 967,550 shares of the consumer goods maker's stock worth $59,562,000 after buying an additional 118,775 shares during the period. 5.53% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

BUD has been the topic of several recent research reports. Morningstar raised shares of Anheuser-Busch InBev SA/NV to a "buy" rating in a research report on Thursday, September 18th. Jefferies Financial Group reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, September 30th. Royal Bank Of Canada reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, September 17th. Finally, The Goldman Sachs Group reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 25th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV currently has an average rating of "Moderate Buy" and a consensus target price of $71.00.

Anheuser-Busch InBev SA/NV Stock Down 0.7%

Shares of NYSE:BUD opened at $59.14 on Friday. The firm has a fifty day moving average of $60.30 and a 200 day moving average of $64.64. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $72.13. The firm has a market capitalization of $115.48 billion, a PE ratio of 16.61, a price-to-earnings-growth ratio of 1.72 and a beta of 0.76.

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, 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%.During the same quarter in the previous year, the company earned $0.90 EPS. The firm's revenue was down 2.1% compared to the same quarter last year. As a group, research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

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.

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