Vanguard Personalized Indexing Management LLC Purchases 4,849 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Vanguard Personalized Indexing Management LLC raised its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 16.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 33,806 shares of the consumer goods maker’s stock after purchasing an additional 4,849 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,960,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Mercer Global Advisors Inc. ADV grew its stake in shares of Anheuser-Busch InBev SA/NV by 90.2% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 56,198 shares of the consumer goods maker’s stock valued at $3,260,000 after acquiring an additional 26,649 shares during the period. Moors & Cabot Inc. grew its stake in shares of Anheuser-Busch InBev SA/NV by 8.8% during the 2nd quarter. Moors & Cabot Inc. now owns 5,450 shares of the consumer goods maker’s stock valued at $317,000 after acquiring an additional 439 shares during the period. Savoir Faire Capital Management L.P. grew its stake in shares of Anheuser-Busch InBev SA/NV by 78.6% during 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 acquiring an additional 53,929 shares during the period. Renaissance Technologies LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 672.3% during the 2nd quarter. Renaissance Technologies LLC now owns 600,300 shares of the consumer goods maker’s stock valued at $34,907,000 after acquiring an additional 522,575 shares during the period. Finally, Brown Brothers Harriman & Co. grew its stake in shares of Anheuser-Busch InBev SA/NV by 269.7% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 20,261 shares of the consumer goods maker’s stock valued at $1,178,000 after acquiring an additional 14,780 shares during the period. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Trading Down 1.1 %

Shares of BUD opened at $63.13 on Friday. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The firm has a market cap of $113.46 billion, a P/E ratio of 26.53, a price-to-earnings-growth ratio of 1.81 and a beta of 1.09. Anheuser-Busch InBev SA/NV has a 1 year low of $51.66 and a 1 year high of $67.49. The company has a 50 day simple moving average of $61.65 and a two-hundred day simple moving average of $61.28.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Thursday, August 1st. The consumer goods maker reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.06. The firm 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 company earned $0.72 EPS. On average, equities analysts expect that Anheuser-Busch InBev SA/NV will post 3.41 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

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.