American Century Companies Inc. Has $9.70 Million Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

American Century Companies Inc. increased its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 21.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 166,846 shares of the consumer goods maker’s stock after acquiring an additional 29,944 shares during the period. American Century Companies Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $9,702,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Capital International Investors increased its stake in shares of 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 during the last quarter. DAVENPORT & Co LLC grew its position in Anheuser-Busch InBev SA/NV by 36.8% in the first quarter. DAVENPORT & Co LLC now owns 2,062,543 shares of the consumer goods maker’s stock valued at $125,389,000 after acquiring an additional 555,362 shares during the last quarter. Seafarer Capital Partners LLC raised its stake 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 acquiring an additional 160,000 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 4.4% in the fourth quarter. Wells Fargo & Company MN now owns 873,977 shares of the consumer goods maker’s stock worth $56,476,000 after acquiring an additional 37,084 shares during the last quarter. Finally, Raymond James & Associates boosted its stake in shares of Anheuser-Busch InBev SA/NV by 33.7% in the 2nd 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 in the last quarter. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

BUD stock opened at $63.13 on Monday. The company has a market capitalization of $113.46 billion, a P/E ratio of 26.53, a PEG ratio of 1.81 and a beta of 1.09. The company has a fifty day moving average price of $61.65 and a 200-day moving average price of $61.28. 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 has a 52-week low of $51.66 and a 52-week 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. The business had revenue of $15.33 billion during the quarter, compared to the consensus estimate of $15.21 billion. Anheuser-Busch InBev SA/NV had a return on equity of 14.77% and a net margin of 9.89%. During the same period in the prior year, the business posted $0.72 earnings per share. As a group, equities analysts expect that Anheuser-Busch InBev SA/NV will post 3.41 EPS for the current year.

Wall Street Analyst Weigh In

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