Anheuser-Busch InBev SA/NV $BUD Shares Bought by Northern Trust Corp

Key Points

• Northern Trust Corp increased its holdings in Anheuser-Busch InBev by 14%, acquiring an additional 118,775 shares during the first quarter, now owning approximately $59.56 million worth of stock.
• Investment firms are actively changing their positions in Anheuser-Busch, with several new stakes acquired by companies such as NBC Securities and Garde Capital in the first quarter.
• Analysts have mixed opinions on Anheuser-Busch, with BNP Paribas upgrading the stock to a "strong-buy" while others, like Wall Street Zen, downgraded it to "hold"; the consensus rating remains "Buy" with a target price of $71.50.

Northern Trust Corp grew its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 14.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 967,550 shares of the consumer goods maker's stock after purchasing an additional 118,775 shares during the period. Northern Trust Corp owned approximately 0.05% of Anheuser-Busch InBev SA/NV worth $59,562,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Two Sigma Advisers LP increased its stake in shares of Anheuser-Busch InBev SA/NV by 237.0% in the fourth quarter. Two Sigma Advisers LP now owns 343,102 shares of the consumer goods maker's stock worth $17,179,000 after buying an additional 241,300 shares during the last quarter. Alberta Investment Management Corp increased its stake 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 worth $47,020,000 after buying an additional 193,800 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of Anheuser-Busch InBev SA/NV by 24.8% in the first quarter. Raymond James Financial Inc. now owns 929,927 shares of the consumer goods maker's stock worth $57,246,000 after buying an additional 184,749 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of Anheuser-Busch InBev SA/NV by 8,961.6% in the fourth quarter. BNP Paribas Financial Markets now owns 100,674 shares of the consumer goods maker's stock worth $5,041,000 after buying an additional 99,563 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 7,716.4% in the first quarter. GAMMA Investing LLC now owns 71,286 shares of the consumer goods maker's stock worth $4,388,000 after buying an additional 70,374 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company's stock.

Analyst Ratings Changes

BUD has been the subject of a number of research analyst reports. 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 shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. Finally, The Goldman Sachs Group upgraded shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and lifted 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 issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $71.50.

Anheuser-Busch InBev SA/NV Stock Performance

Anheuser-Busch InBev SA/NV stock traded down $0.05 during mid-day trading on Monday, reaching $62.60. The company's stock had a trading volume of 1,490,537 shares, compared to its average volume of 2,174,519. The firm has a market cap of $112.50 billion, a price-to-earnings ratio of 17.58, a PEG ratio of 1.76 and a beta of 0.79. The business has a 50 day moving average price of $65.36 and a 200-day moving average price of $64.73. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $72.13.

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 EPS for the quarter, topping 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%. The company's quarterly revenue was down 2.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.90 earnings per share. Sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS 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.