Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Bought by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 8.4% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 137,786 shares of the consumer goods maker’s stock after acquiring an additional 10,631 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $8,012,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BUD. Russell Investments Group Ltd. raised its stake in shares of Anheuser-Busch InBev SA/NV by 116.5% during the fourth quarter. Russell Investments Group Ltd. now owns 643 shares of the consumer goods maker’s stock valued at $42,000 after purchasing an additional 346 shares during the period. Aveo Capital Partners LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 10.6% in the 4th quarter. Aveo Capital Partners LLC now owns 5,549 shares of the consumer goods maker’s stock worth $359,000 after buying an additional 532 shares in the last quarter. Private Advisor Group LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 12.4% in the 4th quarter. Private Advisor Group LLC now owns 9,851 shares of the consumer goods maker’s stock worth $637,000 after buying an additional 1,088 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of Anheuser-Busch InBev SA/NV by 12.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 13,356 shares of the consumer goods maker’s stock valued at $863,000 after acquiring an additional 1,471 shares in the last quarter. Finally, Ieq Capital LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth about $222,000. 5.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BUD has been the subject of a number of analyst reports. Morgan Stanley increased their price target on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a report on Tuesday, September 10th. UBS Group raised shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV currently has an average rating of “Moderate Buy” and an average price target of $73.25.

Anheuser-Busch InBev SA/NV Trading Up 0.1 %

NYSE:BUD opened at $64.90 on Monday. The company has a market cap of $116.64 billion, a PE ratio of 27.27, a P/E/G ratio of 1.81 and a beta of 1.09. The business’s 50 day moving average is $61.29 and its two-hundred day moving average is $61.16. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 52 week low of $51.66 and a 52 week high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Thursday, August 1st. The consumer goods maker reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.06. Anheuser-Busch InBev SA/NV had a return on equity of 14.77% and a net margin of 9.89%. The firm had revenue of $15.33 billion for the quarter, compared to analysts’ expectations of $15.21 billion. During the same period last year, the business posted $0.72 earnings per share. On average, analysts predict that Anheuser-Busch InBev SA/NV will post 3.41 EPS for the current year.

About Anheuser-Busch InBev SA/NV

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.