Anheuser-Busch InBev SA/NV (NYSE:BUD) Stake Increased by Moors & Cabot Inc.

Moors & Cabot Inc. increased its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 8.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,450 shares of the consumer goods maker’s stock after buying an additional 439 shares during the quarter. Moors & Cabot Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $317,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Savoir Faire Capital Management L.P. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 78.6% in the 2nd quarter. Savoir Faire Capital Management L.P. now owns 122,579 shares of the consumer goods maker’s stock valued at $7,128,000 after purchasing an additional 53,929 shares during the period. Renaissance Technologies LLC increased its stake in Anheuser-Busch InBev SA/NV by 672.3% in the 2nd quarter. Renaissance Technologies LLC now owns 600,300 shares of the consumer goods maker’s stock valued at $34,907,000 after buying an additional 522,575 shares during the period. Brown Brothers Harriman & Co. lifted its position in Anheuser-Busch InBev SA/NV by 269.7% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 20,261 shares of the consumer goods maker’s stock worth $1,178,000 after buying an additional 14,780 shares in the last quarter. Thompson Siegel & Walmsley LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 8.4% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 137,786 shares of the consumer goods maker’s stock valued at $8,012,000 after buying an additional 10,631 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Anheuser-Busch InBev SA/NV by 10.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 611,578 shares of the consumer goods maker’s stock valued at $35,563,000 after acquiring an additional 56,422 shares in the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Stock Performance

BUD opened at $63.14 on Friday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The company has a market cap of $113.48 billion, a PE ratio of 26.53, a price-to-earnings-growth ratio of 1.81 and a beta of 1.09. The stock has a 50-day moving average of $61.65 and a 200-day moving average of $61.27. 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 announced its quarterly earnings results on Thursday, August 1st. The consumer goods maker reported $0.90 EPS for the quarter, beating the consensus estimate 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 company had revenue of $15.33 billion for the quarter, compared to the consensus estimate of $15.21 billion. During the same quarter last year, the company posted $0.72 earnings per share. As a group, equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.41 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on BUD shares. UBS Group raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. Morgan Stanley boosted their price target 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 investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV 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.