8,192 Shares in Anheuser-Busch InBev SA/NV (NYSE:BUD) Purchased by MQS Management LLC

MQS Management LLC purchased a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 8,192 shares of the consumer goods maker’s stock, valued at approximately $498,000.

Other institutional investors have also recently bought and sold shares of the company. Capital International Investors grew its stake in Anheuser-Busch InBev SA/NV by 0.9% during the 4th quarter. Capital International Investors now owns 2,124,860 shares of the consumer goods maker’s stock valued at $137,447,000 after acquiring an additional 18,280 shares in the last quarter. DAVENPORT & Co LLC grew its stake in Anheuser-Busch InBev SA/NV by 36.8% during the 1st quarter. DAVENPORT & Co LLC now owns 2,062,543 shares of the consumer goods maker’s stock valued at $125,389,000 after acquiring an additional 555,362 shares in the last quarter. Seafarer Capital Partners LLC grew its stake in Anheuser-Busch InBev SA/NV by 20.2% during the 1st quarter. Seafarer Capital Partners LLC now owns 952,000 shares of the consumer goods maker’s stock valued at $57,863,000 after acquiring an additional 160,000 shares in the last quarter. Wells Fargo & Company MN grew its stake in Anheuser-Busch InBev SA/NV by 4.4% during the 4th quarter. Wells Fargo & Company MN now owns 873,977 shares of the consumer goods maker’s stock valued at $56,476,000 after acquiring an additional 37,084 shares in the last quarter. Finally, Penn Davis Mcfarland Inc. lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 16.9% during the 1st quarter. Penn Davis Mcfarland Inc. now owns 349,838 shares of the consumer goods maker’s stock valued at $21,263,000 after buying an additional 50,582 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE BUD traded up $0.15 during trading hours on Thursday, reaching $60.70. The stock had a trading volume of 1,022,715 shares, compared to its average volume of 1,786,437. The business’s fifty day moving average is $61.32 and its two-hundred day moving average is $61.64. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48. The company has a market cap of $109.09 billion, a price-to-earnings ratio of 25.50, a PEG ratio of 1.69 and a beta of 1.10. Anheuser-Busch InBev SA/NV has a twelve month low of $51.66 and a twelve month high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Wednesday, May 8th. The consumer goods maker reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. The business had revenue of $14.55 billion during the quarter, compared to analyst estimates of $14.43 billion. Anheuser-Busch InBev SA/NV had a return on equity of 14.01% and a net margin of 8.03%. Anheuser-Busch InBev SA/NV’s revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.65 earnings per share. As a group, research analysts expect that Anheuser-Busch InBev SA/NV will post 3.35 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on BUD shares. UBS Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Monday, June 24th. Morgan Stanley reduced their price target on Anheuser-Busch InBev SA/NV from $70.00 to $68.50 and set an “overweight” rating for the company in a report on Tuesday, July 2nd. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $72.13.

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.