Sei Investments Co. Has $21.21 Million Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Key Points

• Sei Investments Co. increased its stake in Anheuser-Busch InBev SA/NV by 7.0%, owning 344,516 shares valued at $21.2 million as of the latest SEC filing.
• Numerous other institutional investors also increased their holdings in the company, with Northern Trust Corp boosting its stake by 24.4%.
• Anheuser-Busch InBev reported earnings per share of $0.98 for the last quarter, surpassing analysts' expectations of $0.94.

Sei Investments Co. lifted its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 7.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 344,516 shares of the consumer goods maker's stock after purchasing an additional 22,579 shares during the quarter. Sei Investments Co.'s holdings in Anheuser-Busch InBev SA/NV were worth $21,208,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. NBC Securities Inc. acquired a new position in Anheuser-Busch InBev SA/NV in the 1st quarter valued at $32,000. Garde Capital Inc. acquired a new stake in Anheuser-Busch InBev SA/NV in the 1st quarter worth $37,000. ST Germain D J Co. Inc. acquired a new stake in Anheuser-Busch InBev SA/NV in the 1st quarter worth $41,000. Rossby Financial LCC bought a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth about $49,000. Finally, Measured Risk Portfolios Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth about $40,000. Institutional investors and hedge funds own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Up 1.2%

BUD traded up $0.72 during trading on Friday, reaching $61.40. The company had a trading volume of 2,181,842 shares, compared to its average volume of 2,894,362. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $72.13. The business's fifty day moving average price is $67.01 and its 200 day moving average price is $63.76. The company has a market cap of $110.35 billion, a P/E ratio of 17.25, a PEG ratio of 1.87 and a beta of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced 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 business's revenue was down 2.1% on a year-over-year basis. During the same period last year, the firm earned $0.90 EPS. Equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Analyst Upgrades and Downgrades

BUD has been the subject of a number of analyst reports. 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. 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 report on Monday, May 12th. Finally, Wall Street Zen downgraded shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a report on Sunday, May 18th. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price 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.