US Bancorp DE Acquires 14,039 Shares of Anheuser-Busch InBev SA/NV $BUD

Key Points

• US Bancorp DE increased its holdings in Anheuser-Busch InBev SA/NV by 10.2%, acquiring an additional 14,039 shares during the second quarter, bringing its total to 151,464 shares valued at approximately $10.41 million.
• Several hedge funds have also raised their stakes in Anheuser-Busch InBev, with Dodge & Cox increasing theirs by 2.8% and Goldman Sachs boosting its stake by 25.3% in the previous quarter.
• Anheuser-Busch InBev reported an EPS of $0.98 for the last quarter, exceeding analyst expectations of $0.94, despite a 2.1% year-over-year revenue decline.

US Bancorp DE lifted its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 10.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 151,464 shares of the consumer goods maker's stock after acquiring an additional 14,039 shares during the quarter. US Bancorp DE's holdings in Anheuser-Busch InBev SA/NV were worth $10,409,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BUD. Dodge & Cox raised its holdings in shares of Anheuser-Busch InBev SA/NV by 2.8% during the first quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker's stock valued at $2,531,109,000 after acquiring an additional 1,119,308 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Anheuser-Busch InBev SA/NV by 25.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker's stock worth $81,151,000 after purchasing an additional 265,783 shares during the period. Alberta Investment Management Corp grew its stake in 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 purchasing an additional 193,800 shares during the period. Hotchkis & Wiley Capital Management LLC grew its stake in Anheuser-Busch InBev SA/NV by 7.3% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 2,790,240 shares of the consumer goods maker's stock worth $171,767,000 after purchasing an additional 190,830 shares during the period. Finally, Raymond James Financial Inc. grew its stake in 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 purchasing an additional 184,749 shares during the period. Institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Trading Up 0.6%

NYSE BUD opened at $59.56 on Friday. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $72.13. The stock has a market cap of $116.29 billion, a P/E ratio of 16.73, a P/E/G ratio of 1.72 and a beta of 0.76. The stock's fifty day moving average price is $60.35 and its 200-day moving average price is $64.65. 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 (NYSE:BUD - Get Free Report) last released its earnings results 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 return on equity of 16.21% and a net margin of 12.16%.During the same period in the previous year, the company earned $0.90 EPS. The business's revenue was down 2.1% on a year-over-year basis. As a group, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on BUD shares. Kepler Capital Markets cut Anheuser-Busch InBev SA/NV from a "strong-buy" rating to a "hold" rating in a research note on Thursday. Sanford C. Bernstein reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, September 30th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday. Berenberg Bank reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 18th. Finally, Morningstar raised Anheuser-Busch InBev SA/NV to a "buy" rating in a research note on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $71.00.

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.

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