Anheuser-Busch InBev SA/NV $BUD Shares Bought by Northwestern Mutual Wealth Management Co.

Key Points

• Northwestern Mutual Wealth Management Co. increased its holdings in Anheuser-Busch InBev SA/NV by 22.7% during the first quarter, totaling 105,838 shares valued at approximately $6.5 million.
• Analysts have mixed reviews on the stock, with BNP Paribas upgrading it to "strong-buy" while Goldman Sachs raised its target price to $88.00, reflecting optimism among some investors.
• Anheuser-Busch InBev reported an EPS of $0.98 for the last quarter, beating the consensus estimate by $0.04, despite a 2.1% decline in revenue compared to the previous year.

Northwestern Mutual Wealth Management Co. lifted its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 22.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 105,838 shares of the consumer goods maker's stock after purchasing an additional 19,586 shares during the quarter. Northwestern Mutual Wealth Management Co.'s holdings in Anheuser-Busch InBev SA/NV were worth $6,515,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in BUD. Vontobel Holding Ltd. grew its stake in Anheuser-Busch InBev SA/NV by 2.3% in the 1st quarter. Vontobel Holding Ltd. now owns 7,678 shares of the consumer goods maker's stock valued at $473,000 after acquiring an additional 174 shares during the last quarter. Crossmark Global Holdings Inc. grew its stake in 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 acquiring an additional 179 shares during the last quarter. Laurel Wealth Advisors LLC grew its stake in Anheuser-Busch InBev SA/NV by 23.5% in the 1st quarter. Laurel Wealth Advisors LLC now owns 1,050 shares of the consumer goods maker's stock valued at $65,000 after acquiring an additional 200 shares during the last quarter. 1832 Asset Management L.P. grew its stake in Anheuser-Busch InBev SA/NV by 3.5% in the 1st quarter. 1832 Asset Management L.P. now owns 7,131 shares of the consumer goods maker's stock valued at $439,000 after acquiring an additional 241 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake 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 valued at $71,000 after acquiring an additional 246 shares during the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Trading Down 0.1%

Shares of BUD stock traded down $0.05 during trading hours on Friday, hitting $62.60. 1,490,537 shares of the company were exchanged, compared to its average volume of 2,470,889. The firm has a market cap of $112.50 billion, a PE ratio of 17.58, a PEG ratio of 1.76 and a beta of 0.79. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $72.13. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79. The firm has a fifty day moving average of $65.36 and a 200 day moving average of $64.65.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, beating the consensus estimate 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 period last year, the business earned $0.90 EPS. Anheuser-Busch InBev SA/NV's revenue was down 2.1% on a year-over-year basis. Analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on BUD. BNP Paribas raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. The Goldman Sachs Group raised shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and raised their price target for the stock from $70.10 to $88.00 in a research note on Monday, May 12th. Finally, 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. Three 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 company's stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $71.50.

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.