Jump Financial LLC Makes New Investment in Anheuser-Busch InBev SA/NV $BUD

Key Points

• Jump Financial LLC invested approximately $412,000 in Anheuser-Busch InBev, acquiring 6,699 shares in the first quarter.
• Institutional investors and hedge funds have increased their holdings in Anheuser-Busch, with notable contributions from various firms, including Hotchkis & Wiley and Smartleaf Asset Management.
• Analysts have mixed ratings on Anheuser-Busch, with Goldman Sachs upgrading the stock to a "buy" with a target price of $88.00, while Wall Street Zen downgraded it to a "hold" rating.

Jump Financial LLC acquired a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,699 shares of the consumer goods maker's stock, valued at approximately $412,000.

Other hedge funds have also recently added to or reduced their stakes in the company. ABC Arbitrage SA acquired a new stake in Anheuser-Busch InBev SA/NV in the first quarter valued at approximately $1,731,000. Sequoia Financial Advisors LLC grew its stake in Anheuser-Busch InBev SA/NV by 224.7% in the first quarter. Sequoia Financial Advisors LLC now owns 25,254 shares of the consumer goods maker's stock valued at $1,555,000 after acquiring an additional 17,476 shares during the period. Merit Financial Group LLC grew its stake in Anheuser-Busch InBev SA/NV by 31.7% in the first quarter. Merit Financial Group LLC now owns 14,635 shares of the consumer goods maker's stock valued at $901,000 after acquiring an additional 3,526 shares during the period. Pinnacle Financial Partners Inc acquired a new stake in Anheuser-Busch InBev SA/NV in the first quarter valued at approximately $2,341,000. Finally, Penserra Capital Management LLC grew its stake in Anheuser-Busch InBev SA/NV by 24.7% in the first quarter. Penserra Capital Management LLC now owns 2,553 shares of the consumer goods maker's stock valued at $157,000 after acquiring an additional 506 shares during the period. Institutional investors and hedge funds own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Performance

BUD traded down $0.36 during trading on Thursday, hitting $59.20. 2,760,715 shares of the company traded hands, compared to its average volume of 2,399,099. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13. The stock's fifty day moving average is $64.83 and its 200 day moving average is $64.73. The firm has a market cap of $106.39 billion, a P/E ratio of 16.63, a price-to-earnings-growth ratio of 1.76 and a beta of 0.79. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79.

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 analysts' consensus estimates 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%. During the same quarter in the prior year, the company posted $0.90 earnings per share. The firm's revenue was down 2.1% compared to the same quarter last year. As a group, equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. The Goldman Sachs Group raised Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and raised their price objective for the company from $70.10 to $88.00 in a research note on Monday, May 12th. BNP Paribas raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 30th. Finally, 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. Three equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $71.50.

Anheuser-Busch InBev SA/NV 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.