Clarkston Capital Partners LLC Purchases 4,455 Shares of Anheuser-Busch InBev SA/NV $BUD

Key Points

• Clarkston Capital Partners LLC increased its stake in Anheuser-Busch InBev SA/NV by 0.3%, holding approximately 1.5 million shares valued at $92.2 million at the end of the last quarter.
• Recent analyst ratings have been mixed, with Goldman Sachs upgrading the stock to a "buy" and raising the price target from $70.10 to $88.00, while Wall Street Zen downgraded it from "buy" to "hold".
• Anheuser-Busch InBev reported $0.98 EPS in its latest earnings, surpassing analysts' expectations of $0.94, despite a 2.1% decline in quarterly revenue compared to the previous year.

Clarkston Capital Partners LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 0.3% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 1,498,297 shares of the consumer goods maker's stock after acquiring an additional 4,455 shares during the period. Anheuser-Busch InBev SA/NV makes up approximately 1.8% of Clarkston Capital Partners LLC's investment portfolio, making the stock its 20th largest holding. Clarkston Capital Partners LLC owned 0.08% of Anheuser-Busch InBev SA/NV worth $92,235,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company grew 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. Two Sigma Advisers LP lifted its holdings in Anheuser-Busch InBev SA/NV by 237.0% in the fourth quarter. Two Sigma Advisers LP now owns 343,102 shares of the consumer goods maker's stock valued at $17,179,000 after acquiring an additional 241,300 shares during the last quarter. Alberta Investment Management Corp increased its position in shares of Anheuser-Busch InBev SA/NV by 34.0% during the first quarter. Alberta Investment Management Corp now owns 763,800 shares of the consumer goods maker's stock valued at $47,020,000 after acquiring an additional 193,800 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of 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 valued at $57,246,000 after buying an additional 184,749 shares during the period. Finally, Hsbc Holdings PLC purchased a new position in Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $8,887,000. Hedge funds and other institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Down 0.7%

BUD stock traded down $0.45 during midday trading on Tuesday, hitting $62.60. 920,322 shares of the company's stock were exchanged, compared to its average volume of 2,396,331. The stock has a market capitalization of $112.50 billion, a price-to-earnings ratio of 17.60, a price-to-earnings-growth ratio of 1.80 and a beta of 0.79. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $72.13. The firm has a 50 day moving average price of $66.02 and a 200-day moving average price of $64.42.

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 for the quarter, beating the consensus estimate 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%. The company's revenue was down 2.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.90 earnings per share. On average, analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on BUD. Wall Street Zen cut Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th. BNP Paribas raised shares of 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 raised Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and increased their price target for the stock from $70.10 to $88.00 in a report on Monday, May 12th. Three analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average 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.