Compound Planning Inc. Boosts Stake 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. raised its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 82.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,784 shares of the consumer goods maker's stock after purchasing an additional 6,685 shares during the quarter. Compound Planning Inc.'s holdings in Anheuser-Busch InBev SA/NV were worth $910,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Vontobel Holding Ltd. lifted its position in Anheuser-Busch InBev SA/NV by 2.3% during the 1st quarter. Vontobel Holding Ltd. now owns 7,678 shares of the consumer goods maker's stock worth $473,000 after acquiring an additional 174 shares during the period. Crossmark Global Holdings Inc. increased its stake in shares of Anheuser-Busch InBev SA/NV by 1.1% in the 1st quarter. Crossmark Global Holdings Inc. now owns 16,991 shares of the consumer goods maker's stock valued at $1,046,000 after purchasing an additional 179 shares in the last quarter. Laurel Wealth Advisors LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 23.5% during the 1st quarter. Laurel Wealth Advisors LLC now owns 1,050 shares of the consumer goods maker's stock worth $65,000 after buying an additional 200 shares during the period. GAMMA Investing LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 27.0% in the 1st quarter. GAMMA Investing LLC now owns 1,158 shares of the consumer goods maker's stock worth $71,000 after buying an additional 246 shares during the last quarter. Finally, Rehmann Capital Advisory Group raised its holdings in shares of Anheuser-Busch InBev SA/NV by 6.0% during the first quarter. Rehmann Capital Advisory Group now owns 4,961 shares of the consumer goods maker's stock valued at $305,000 after acquiring an additional 281 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on BUD shares. Wall Street Zen lowered shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note 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 upped their price target for the stock from $70.10 to $88.00 in a research note on Monday, May 12th. Three equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $71.50.

Anheuser-Busch InBev SA/NV Stock Performance

BUD traded down $0.12 during trading on Thursday, reaching $62.67. The company's stock had a trading volume of 1,911,760 shares, compared to its average volume of 2,394,495. 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 company has a market capitalization of $112.63 billion, a price-to-earnings ratio of 17.60, a price-to-earnings-growth ratio of 1.76 and a beta of 0.79. The company's fifty day moving average price is $65.70 and its 200-day moving average price is $64.39.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released 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%.Anheuser-Busch InBev SA/NV's revenue for the quarter was down 2.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.90 earnings per share. On average, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

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.