American Century Companies Inc. Raises Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

American Century Companies Inc. lifted its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 18.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 214,637 shares of the consumer goods maker’s stock after purchasing an additional 34,059 shares during the period. American Century Companies Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $10,747,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in BUD. Raymond James Financial Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $37,311,000. Alberta Investment Management Corp purchased a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth $28,540,000. Penn Davis Mcfarland Inc. raised its holdings in shares of Anheuser-Busch InBev SA/NV by 34.0% in the fourth quarter. Penn Davis Mcfarland Inc. now owns 467,519 shares of the consumer goods maker’s stock worth $23,409,000 after acquiring an additional 118,686 shares during the last quarter. FMR LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 7.0% in the third quarter. FMR LLC now owns 732,459 shares of the consumer goods maker’s stock valued at $48,555,000 after acquiring an additional 47,684 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at $2,378,000. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE:BUD opened at $62.09 on Thursday. The business has a 50-day moving average of $56.73 and a two-hundred day moving average of $56.79. The firm has a market capitalization of $111.59 billion, a PE ratio of 19.16, a P/E/G ratio of 1.73 and a beta of 0.96. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, beating the consensus estimate of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. The firm had revenue of $14.84 billion for the quarter, compared to analyst estimates of $14.07 billion. As a group, research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BUD. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday. They set a “buy” rating on the stock. TD Cowen dropped their target price on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research note on Wednesday, January 8th. Finally, Argus upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price target for the company in a report on Thursday, March 27th. One investment analyst has rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $66.00.

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.