Anheuser-Busch InBev SA/NV $BUD Stake Boosted by Vestmark Advisory Solutions Inc.

Key Points

• Vestmark Advisory Solutions Inc. increased its stake in Anheuser-Busch InBev SA/NV by 102.2%, acquiring an additional 21,609 shares, bringing its total to 42,758 shares valued at approximately $2.63 million.
• Analysts have recently given mixed ratings for BUD, with Goldman Sachs upgrading it from neutral to buy and increasing the target price to $88.00, while Wall Street Zen downgraded it from buy to hold.
• Anheuser-Busch InBev's recent earnings report showed an EPS of $0.98, surpassing estimates, but quarterly revenue declined by 2.1% compared to the previous year.

Vestmark Advisory Solutions Inc. increased its position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 102.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,758 shares of the consumer goods maker's stock after purchasing an additional 21,609 shares during the period. Vestmark Advisory Solutions Inc.'s holdings in Anheuser-Busch InBev SA/NV were worth $2,632,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. ABC Arbitrage SA purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the first quarter worth about $1,731,000. Sequoia Financial Advisors LLC grew its holdings in Anheuser-Busch InBev SA/NV by 224.7% during the 1st quarter. Sequoia Financial Advisors LLC now owns 25,254 shares of the consumer goods maker's stock valued at $1,555,000 after buying an additional 17,476 shares in the last quarter. Merit Financial Group LLC grew its holdings in Anheuser-Busch InBev SA/NV by 31.7% during the 1st quarter. Merit Financial Group LLC now owns 14,635 shares of the consumer goods maker's stock valued at $901,000 after buying an additional 3,526 shares in the last quarter. Pinnacle Financial Partners Inc purchased a new position in Anheuser-Busch InBev SA/NV during the 1st quarter valued at approximately $2,341,000. Finally, Penserra Capital Management LLC grew its holdings in Anheuser-Busch InBev SA/NV by 24.7% during the 1st quarter. Penserra Capital Management LLC now owns 2,553 shares of the consumer goods maker's stock valued at $157,000 after buying an additional 506 shares in the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on BUD shares. BNP Paribas upgraded 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 Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a report on Sunday, May 18th. Finally, The Goldman Sachs Group raised 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. Three research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $71.50.

Anheuser-Busch InBev SA/NV Stock Down 0.3%

BUD traded down $0.1960 on Thursday, hitting $62.8940. 483,383 shares of the company were exchanged, compared to its average volume of 2,409,322. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $72.13. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79. The company has a market cap of $113.03 billion, a price-to-earnings ratio of 17.67, a price-to-earnings-growth ratio of 1.90 and a beta of 0.79. The firm has a 50-day moving average price of $66.50 and a two-hundred day moving average price of $63.92.

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 return on equity of 16.21% and a net margin of 12.16%.The firm's revenue was down 2.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.90 earnings per share. On average, equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

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.