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

American Century Companies Inc. lifted its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 18.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 214,637 shares of the consumer goods maker's stock after buying 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 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Thrivent Financial for Lutherans bought a new stake in shares of Anheuser-Busch InBev SA/NV in the third quarter worth approximately $220,000. Charles Schwab Investment Management Inc. boosted its holdings in Anheuser-Busch InBev SA/NV by 37.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker's stock worth $3,836,000 after purchasing an additional 15,837 shares during the last quarter. FMR LLC grew its position in Anheuser-Busch InBev SA/NV by 7.0% in the 3rd quarter. FMR LLC now owns 732,459 shares of the consumer goods maker's stock worth $48,555,000 after purchasing an additional 47,684 shares during the period. Townsquare Capital LLC purchased a new stake in Anheuser-Busch InBev SA/NV during the 3rd quarter valued at $290,000. Finally, Glenmede Trust Co. NA bought a new position in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter valued at $216,000. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

NYSE:BUD traded down $1.63 during trading hours on Monday, hitting $59.29. 6,170,977 shares of the stock traded hands, compared to its average volume of 1,811,523. The company has a market cap of $106.56 billion, a price-to-earnings ratio of 18.30, a price-to-earnings-growth ratio of 1.73 and a beta of 0.80. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49. The stock has a 50 day moving average price of $57.45 and a 200 day moving average price of $56.67. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85.

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Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its quarterly earnings data 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 the consensus estimate of $14.07 billion. Sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently commented on BUD shares. StockNews.com raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Thursday. TD Cowen cut their price target 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. Argus upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price objective on the stock in a research note on Thursday, March 27th. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. Finally, Berenberg Bank started coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They set a "buy" rating for the company. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $66.00.

Anheuser-Busch InBev SA/NV 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.