Goldman Sachs Group Inc. Purchases 42,009 Shares of Anheuser-Busch InBev SA/NV $BUD

Goldman Sachs Group Inc. grew its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 1.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,009,863 shares of the consumer goods maker’s stock after acquiring an additional 42,009 shares during the period. Goldman Sachs Group Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $256,792,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of BUD. Bogart Wealth LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 3,800.0% in the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after acquiring an additional 380 shares during the last quarter. Leonteq Securities AG bought a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $48,000. Paradigm Asset Management Co. LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at $53,000. Fifth Third Bancorp lifted its stake in shares of Anheuser-Busch InBev SA/NV by 251.6% in the 4th quarter. Fifth Third Bancorp now owns 865 shares of the consumer goods maker’s stock valued at $55,000 after acquiring an additional 619 shares during the last quarter. Finally, Elyxium Wealth LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $64,000. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Trading Up 0.8%

NYSE BUD opened at $78.56 on Friday. The business’s 50-day moving average price is $76.80 and its two-hundred day moving average price is $71.72. Anheuser-Busch InBev SA/NV has a 12 month low of $56.97 and a 12 month high of $84.46. The firm has a market capitalization of $153.23 billion, a PE ratio of 21.46, a price-to-earnings-growth ratio of 1.27 and a beta of 0.59. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 12.26% and a net margin of 11.90%.The firm had revenue of $15.27 billion for the quarter. On average, analysts expect that Anheuser-Busch InBev SA/NV will post 4.32 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, May 7th. JPMorgan Chase & Co. upped their price target on Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, June 1st. Barclays reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Eleven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $93.42.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.