Maven Securities LTD Buys New Shares in Anheuser-Busch InBev SA/NV $BUD

Maven Securities LTD purchased a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 52,466 shares of the consumer goods maker’s stock, valued at approximately $4,323,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Fisher Asset Management LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 3.3% during the 4th quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker’s stock valued at $728,801,000 after acquiring an additional 368,721 shares during the period. Morgan Stanley boosted its position in shares of Anheuser-Busch InBev SA/NV by 29.8% in the fourth quarter. Morgan Stanley now owns 4,205,767 shares of the consumer goods maker’s stock worth $269,337,000 after purchasing an additional 966,378 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Anheuser-Busch InBev SA/NV by 1.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 4,009,863 shares of the consumer goods maker’s stock worth $256,792,000 after purchasing an additional 42,009 shares during the period. Bank of America Corp DE increased its stake in shares of Anheuser-Busch InBev SA/NV by 12.8% in the third quarter. Bank of America Corp DE now owns 3,770,946 shares of the consumer goods maker’s stock worth $224,786,000 after purchasing an additional 426,495 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake in shares of Anheuser-Busch InBev SA/NV by 10,464.1% in the second quarter. Wellington Management Group LLP now owns 3,190,248 shares of the consumer goods maker’s stock worth $262,876,000 after purchasing an additional 3,160,049 shares in the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on BUD. UBS Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Weiss Ratings cut Anheuser-Busch InBev SA/NV from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 17th. Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, June 30th. Morgan Stanley dropped their price objective on Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an “overweight” rating for the company in a research note on Thursday, July 2nd. Finally, DZ Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, May 21st. Eleven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $91.08.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE BUD opened at $79.72 on Wednesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.50 and a current ratio of 0.66. The company has a market cap of $160.97 billion, a P/E ratio of 16.89, a P/E/G ratio of 1.14 and a beta of 0.59. The firm’s fifty day moving average is $80.77 and its two-hundred day moving average is $78.39. Anheuser-Busch InBev SA/NV has a 52-week low of $57.79 and a 52-week high of $86.60.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $16.23 billion. Anheuser-Busch InBev SA/NV had a net margin of 14.90% and a return on equity of 16.42%. The business’s revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.98 EPS. As a group, analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.41 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Profile

Anheuser-Busch InBev SA/NV is a global brewing and beverage company headquartered in Leuven, Belgium. The company produces, markets and distributes beer and other alcoholic and nonalcoholic beverages through a broad portfolio of international, regional and local brands.

Its leading brands include Budweiser, Bud Light, Corona, Stella Artois, Michelob ULTRA, Beck’s, Hoegaarden and Leffe. AB InBev also offers a range of craft, premium, flavored and alcohol-free beverages, serving consumers through retail, hospitality and e-commerce channels.

The company was formed in 2008 through the combination of InBev and Anheuser-Busch, bringing together Anheuser-Busch’s U.S.