Maven Securities LTD Buys New Shares in Anheuser-Busch InBev SA/NV $BUD

Key Points

• Maven Securities initiated a position in Anheuser-Busch InBev, purchasing 52,466 shares worth approximately $4.3 million during the second quarter.
• Institutional ownership remains notable, with hedge funds and other institutional investors holding 5.53% of BUD shares; Wellington Management made one of the largest additions.
• Analysts maintain a generally positive outlook, with an average “Moderate Buy” rating and a consensus price target of $91.08. AB InBev also exceeded quarterly earnings and revenue estimates, reporting $1.21 in EPS and $16.66 billion in revenue.

Maven Securities LTD purchased a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 52,466 shares of the consumer goods maker's stock, valued at approximately $4,323,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Fisher Asset Management LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 3.3% during the 4th quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker's stock valued at $728,801,000 after acquiring an additional 368,721 shares during the period. Morgan Stanley boosted its position in shares of Anheuser-Busch InBev SA/NV by 29.8% in the fourth quarter. Morgan Stanley now owns 4,205,767 shares of the consumer goods maker's stock worth $269,337,000 after purchasing an additional 966,378 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Anheuser-Busch InBev SA/NV by 1.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 4,009,863 shares of the consumer goods maker's stock worth $256,792,000 after purchasing an additional 42,009 shares during the period. Bank of America Corp DE increased its stake in shares of Anheuser-Busch InBev SA/NV by 12.8% in the third quarter. Bank of America Corp DE now owns 3,770,946 shares of the consumer goods maker's stock worth $224,786,000 after purchasing an additional 426,495 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake in shares of Anheuser-Busch InBev SA/NV by 10,464.1% in the second quarter. Wellington Management Group LLP now owns 3,190,248 shares of the consumer goods maker's stock worth $262,876,000 after purchasing an additional 3,160,049 shares in the last quarter. Hedge funds and other institutional investors own 5.53% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on BUD. UBS Group restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Weiss Ratings cut Anheuser-Busch InBev SA/NV from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday, July 17th. Sanford C. Bernstein restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, June 30th. Morgan Stanley dropped their price objective on Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an "overweight" rating for the company in a research note on Thursday, July 2nd. Finally, DZ Bank reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, May 21st. Eleven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $91.08.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE BUD opened at $79.72 on Wednesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.50 and a current ratio of 0.66. The company has a market cap of $160.97 billion, a P/E ratio of 16.89, a P/E/G ratio of 1.14 and a beta of 0.59. The firm's fifty day moving average is $80.77 and its two-hundred day moving average is $78.39. Anheuser-Busch InBev SA/NV has a 52-week low of $57.79 and a 52-week high of $86.60.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The consumer goods maker reported $1.21 EPS for the quarter, beating the consensus estimate of $1.09 by $0.12. The business had revenue of $16.66 billion during the quarter, compared to the consensus estimate of $16.23 billion. Anheuser-Busch InBev SA/NV had a net margin of 14.90% and a return on equity of 16.42%. The business's revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.98 EPS. As a group, analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.41 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Profile

Anheuser-Busch InBev SA/NV is a global brewing and beverage company headquartered in Leuven, Belgium. The company produces, markets and distributes beer and other alcoholic and nonalcoholic beverages through a broad portfolio of international, regional and local brands.

Its leading brands include Budweiser, Bud Light, Corona, Stella Artois, Michelob ULTRA, Beck's, Hoegaarden and Leffe. AB InBev also offers a range of craft, premium, flavored and alcohol-free beverages, serving consumers through retail, hospitality and e-commerce channels.

The company was formed in 2008 through the combination of InBev and Anheuser-Busch, bringing together Anheuser-Busch's U.S.

Want to see what other hedge funds are holding BUD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.