Natixis Advisors LLC Purchases 5,410 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Key Points

• Natixis Advisors LLC has increased its holdings in Anheuser-Busch InBev SA/NV by 3.7%, acquiring an additional 5,410 shares to reach a total of 153,262 shares valued at approximately $9.4 million.
• Institutional investors collectively own 5.53% of Anheuser-Busch InBev's stock, with notable increases from firms like Sequoia Financial Advisors LLC and Citadel Investment Advisory Inc.
• Recent analyst ratings show a mixed outlook with two hold ratings, six buy ratings, and three strong buy ratings, while the consensus target price is set at $71.50.

Natixis Advisors LLC increased its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 3.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 153,262 shares of the consumer goods maker's stock after buying an additional 5,410 shares during the period. Natixis Advisors LLC's holdings in Anheuser-Busch InBev SA/NV were worth $9,434,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the business. Dodge & Cox increased its holdings in Anheuser-Busch InBev SA/NV by 27.7% in the 4th quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker's stock valued at $2,002,641,000 after purchasing an additional 8,670,940 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of Anheuser-Busch InBev SA/NV by 7.2% during the fourth quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker's stock worth $379,004,000 after acquiring an additional 505,206 shares during the period. Capital International Investors grew its position in Anheuser-Busch InBev SA/NV by 5.5% during the fourth quarter. Capital International Investors now owns 2,594,619 shares of the consumer goods maker's stock worth $129,201,000 after buying an additional 134,243 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 27.9% in the fourth quarter. Renaissance Technologies LLC now owns 997,700 shares of the consumer goods maker's stock valued at $49,955,000 after purchasing an additional 217,700 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in shares of Anheuser-Busch InBev SA/NV by 24.4% during the fourth quarter. Northern Trust Corp now owns 848,775 shares of the consumer goods maker's stock valued at $42,498,000 after buying an additional 166,315 shares during the period. 5.53% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on BUD shares. 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. Wall Street Zen cut shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th. Finally, The Goldman Sachs Group raised shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and lifted their price target for the company from $70.10 to $88.00 in a research report on Monday, May 12th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and three have issued a strong buy 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 Trading Up 0.8%

NYSE:BUD traded up $0.52 on Friday, hitting $61.87. 1,111,138 shares of the stock were exchanged, compared to its average volume of 2,432,425. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64. The stock has a market capitalization of $111.18 billion, a price-to-earnings ratio of 17.38, a P/E/G ratio of 1.84 and a beta of 0.79. The company's 50-day moving average price is $68.16 and its 200 day moving average price is $63.13. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share (EPS) for the quarter, beating 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%. During the same quarter in the prior year, the business posted $0.90 earnings per share. The firm's revenue was down 2.1% on a year-over-year basis. On average, equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current 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.