Wellington Management Group LLP Grows Stock Holdings in Anheuser-Busch InBev SA/NV $BUD

Wellington Management Group LLP grew its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 10,464.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,190,248 shares of the consumer goods maker’s stock after buying an additional 3,160,049 shares during the period. Wellington Management Group LLP owned 0.16% of Anheuser-Busch InBev SA/NV worth $262,876,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Archer Investment Corp acquired a new position in Anheuser-Busch InBev SA/NV in the second quarter valued at $25,000. Birchwood Financial Partners Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $26,000. GHP Investment Advisors Inc. purchased a new stake in Anheuser-Busch InBev SA/NV in the 1st quarter valued at $32,000. Parkside Financial Bank & Trust boosted its stake in shares of Anheuser-Busch InBev SA/NV by 79.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock worth $32,000 after buying an additional 220 shares during the period. Finally, First Horizon Corp lifted its position in Anheuser-Busch InBev SA/NV by 84.6% during the 1st quarter. First Horizon Corp now owns 502 shares of the consumer goods maker’s stock worth $35,000 after acquiring an additional 230 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. The Goldman Sachs Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, May 7th. Barclays restated an “equal weight” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, July 27th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. DZ Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, May 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, July 1st. Eleven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $91.08.

Anheuser-Busch InBev SA/NV Stock Down 0.0%

Shares of Anheuser-Busch InBev SA/NV stock opened at $80.09 on Monday. The company has a current ratio of 0.66, a quick ratio of 0.50 and a debt-to-equity ratio of 0.68. Anheuser-Busch InBev SA/NV has a twelve month low of $57.79 and a twelve month high of $86.60. The stock has a market cap of $161.72 billion, a price-to-earnings ratio of 16.97, a price-to-earnings-growth ratio of 1.23 and a beta of 0.60. The company has a fifty day moving average price of $81.29 and a 200 day moving average price of $78.35.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Wednesday, July 29th. The consumer goods maker reported $1.21 EPS for the quarter, beating the consensus estimate of $1.09 by $0.12. The business had revenue of $16.66 billion for the quarter, compared to the consensus estimate of $16.23 billion. Anheuser-Busch InBev SA/NV had a return on equity of 16.42% and a net margin of 14.90%.The company’s revenue was up 11.0% on a year-over-year basis. During the same period last year, the business posted $0.98 EPS. Equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 4.39 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV 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.