Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Bought by Callan Capital LLC

Callan Capital LLC grew its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 24.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,793 shares of the consumer goods maker’s stock after buying an additional 1,754 shares during the quarter. Callan Capital LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $511,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of BUD. Capital International Investors increased its stake in Anheuser-Busch InBev SA/NV by 1.8% in the 1st quarter. Capital International Investors now owns 2,163,607 shares of the consumer goods maker’s stock valued at $131,504,000 after purchasing an additional 38,747 shares in the last quarter. DAVENPORT & Co LLC boosted its position in shares of 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 worth $125,389,000 after buying an additional 555,362 shares in the last quarter. Seafarer Capital Partners LLC grew its stake in Anheuser-Busch InBev SA/NV by 20.2% in the 1st quarter. Seafarer Capital Partners LLC now owns 952,000 shares of the consumer goods maker’s stock valued at $57,863,000 after acquiring an additional 160,000 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Anheuser-Busch InBev SA/NV by 4.4% during the 4th quarter. Wells Fargo & Company MN now owns 873,977 shares of the consumer goods maker’s stock valued at $56,476,000 after acquiring an additional 37,084 shares in the last quarter. Finally, Raymond James & Associates raised its position in Anheuser-Busch InBev SA/NV by 33.7% during the second quarter. Raymond James & Associates now owns 726,470 shares of the consumer goods maker’s stock worth $42,244,000 after acquiring an additional 183,301 shares during the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

BUD opened at $63.14 on Friday. Anheuser-Busch InBev SA/NV has a 1 year low of $51.66 and a 1 year high of $67.49. The company’s 50 day simple moving average is $61.65 and its 200 day simple moving average is $61.27. The stock has a market capitalization of $113.48 billion, a PE ratio of 26.53, a P/E/G ratio of 1.81 and a beta of 1.09. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Thursday, August 1st. The consumer goods maker reported $0.90 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $15.33 billion during the quarter, compared to the consensus estimate of $15.21 billion. During the same period in the prior year, the firm posted $0.72 EPS. As a group, sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.41 EPS for the current year.

Analyst Ratings Changes

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

Anheuser-Busch InBev SA/NV Company Profile

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.