Compound Planning Inc. Has $910,000 Stock Position in Anheuser-Busch InBev SA/NV $BUD

Key Points

• Compound Planning Inc. increased its holdings in Anheuser-Busch InBev SA/NV by 82.5%, owning a total of 14,784 shares valued at approximately $910,000 as of the latest SEC filing.
• Anheuser-Busch InBev reported a quarterly EPS of $0.98, surpassing analysts' expectations of $0.94, although its revenue declined 2.1% compared to the previous year.
• Brokerages have recently revised their ratings for Anheuser-Busch, with Goldman Sachs upgrading their price target from $70.10 to $88.00 and several analysts assigning a consensus rating of "Buy".

Compound Planning Inc. grew its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 82.5% in the first quarter, according to its most recent filing with the SEC. The fund owned 14,784 shares of the consumer goods maker's stock after acquiring an additional 6,685 shares during the period. Compound Planning Inc.'s holdings in Anheuser-Busch InBev SA/NV were worth $910,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. The Manufacturers Life Insurance Company lifted its position in shares of Anheuser-Busch InBev SA/NV by 7.2% during the 4th 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 acquiring an additional 505,206 shares during the last quarter. Clarkston Capital Partners LLC lifted its position in shares of 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 valued at $92,235,000 after acquiring an additional 4,455 shares during the last quarter. Northern Trust Corp lifted its position in shares of 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 valued at $59,562,000 after acquiring an additional 118,775 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of Anheuser-Busch InBev SA/NV by 24.8% during 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 acquiring an additional 184,749 shares during the last quarter. Finally, Alberta Investment Management Corp lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 34.0% in 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 purchasing an additional 193,800 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company's stock.

Analysts Set New Price Targets

BUD has been the subject of a number of research analyst reports. Wall Street Zen lowered 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 increased their target price for the company 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 issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Anheuser-Busch InBev SA/NV currently has an average rating of "Buy" and an average target price of $71.50.

Anheuser-Busch InBev SA/NV Stock Down 0.2%

Shares of NYSE:BUD traded down $0.10 during midday trading on Friday, hitting $62.55. 416,871 shares of the stock were exchanged, compared to its average volume of 2,385,116. 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 business's fifty day simple moving average is $65.54 and its two-hundred day simple moving average is $64.48. The company has a market capitalization of $112.41 billion, a PE ratio of 17.57, a P/E/G ratio of 1.77 and a beta of 0.79.

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, topping the consensus estimate 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% compared to the same quarter last year. During the same quarter last year, the business earned $0.90 earnings per share. As a group, research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share 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.