Capco Asset Management LLC Buys 7,193 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Capco Asset Management LLC increased its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 1.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 426,747 shares of the consumer goods maker’s stock after purchasing an additional 7,193 shares during the quarter. Anheuser-Busch InBev SA/NV accounts for 5.9% of Capco Asset Management LLC’s investment portfolio, making the stock its 8th largest position. Capco Asset Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $24,815,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Capital International Investors increased its holdings in Anheuser-Busch InBev SA/NV by 1.8% in the first quarter. Capital International Investors now owns 2,163,607 shares of the consumer goods maker’s stock valued at $131,504,000 after buying an additional 38,747 shares in the last quarter. DAVENPORT & Co LLC increased its stake in Anheuser-Busch InBev SA/NV by 36.8% in 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 purchasing an additional 555,362 shares in the last quarter. Seafarer Capital Partners LLC raised its holdings in Anheuser-Busch InBev SA/NV by 20.2% during the first quarter. Seafarer Capital Partners LLC now owns 952,000 shares of the consumer goods maker’s stock worth $57,863,000 after purchasing an additional 160,000 shares during the last quarter. Wells Fargo & Company MN boosted its position in Anheuser-Busch InBev SA/NV by 4.4% during the fourth quarter. Wells Fargo & Company MN now owns 873,977 shares of the consumer goods maker’s stock worth $56,476,000 after purchasing an additional 37,084 shares in the last quarter. Finally, Raymond James & Associates grew its holdings in Anheuser-Busch InBev SA/NV by 33.7% in the second quarter. Raymond James & Associates now owns 726,470 shares of the consumer goods maker’s stock valued at $42,244,000 after purchasing an additional 183,301 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Down 1.3 %

Shares of BUD stock opened at $63.41 on Thursday. The company has a market capitalization of $113.96 billion, a price-to-earnings ratio of 26.64, a PEG ratio of 1.81 and a beta of 1.09. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The firm has a 50-day moving average price of $61.57 and a 200 day moving average price of $61.23. 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 posted its quarterly earnings data on Thursday, August 1st. The consumer goods maker reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 9.89% and a return on equity of 14.77%. The business had revenue of $15.33 billion during the quarter, compared to analyst estimates of $15.21 billion. During the same quarter in the previous year, the business posted $0.72 earnings per share. Research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on BUD shares. UBS Group upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. Morgan Stanley upped their price target on shares of 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. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Anheuser-Busch InBev SA/NV has a consensus rating of “Moderate Buy” and a consensus price target of $73.25.

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.