Sei Investments Co. Buys 71,779 Shares of Anheuser-Busch InBev SA/NV $BUD

Sei Investments Co. lifted its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 24.0% in the first quarter, HoldingsChannel.com reports. The firm owned 370,795 shares of the consumer goods maker’s stock after purchasing an additional 71,779 shares during the quarter. Sei Investments Co.’s holdings in Anheuser-Busch InBev SA/NV were worth $25,723,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of BUD. Fisher Asset Management LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 3.3% in the fourth quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker’s stock valued at $728,801,000 after buying an additional 368,721 shares during the period. First Trust Advisors LP grew its holdings in Anheuser-Busch InBev SA/NV by 5.1% during the 1st quarter. First Trust Advisors LP now owns 601,440 shares of the consumer goods maker’s stock worth $41,722,000 after acquiring an additional 29,124 shares during the period. Penn Davis Mcfarland Inc. raised its position in shares of Anheuser-Busch InBev SA/NV by 4.9% during the 4th quarter. Penn Davis Mcfarland Inc. now owns 486,842 shares of the consumer goods maker’s stock valued at $31,177,000 after acquiring an additional 22,748 shares during the last quarter. ARQ Wealth Advisors LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 691.3% during the 1st quarter. ARQ Wealth Advisors LLC now owns 60,299 shares of the consumer goods maker’s stock valued at $4,183,000 after acquiring an additional 52,679 shares during the last quarter. Finally, Greenwood Capital Associates LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at $3,636,000. Institutional investors own 5.53% of the company’s stock.

Wall Street Analyst Weigh In

BUD has been the topic of several recent research reports. UBS Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, June 30th. The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, May 7th. Morgan Stanley reduced their target price on Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an “overweight” rating on the stock in a report on Thursday, July 2nd. Barclays restated an “equal weight” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday. Finally, Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 5th. Eleven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $90.08.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD stock opened at $83.28 on Wednesday. Anheuser-Busch InBev SA/NV has a 12-month low of $56.97 and a 12-month high of $85.56. The firm has a market capitalization of $162.43 billion, a price-to-earnings ratio of 22.75, a price-to-earnings-growth ratio of 1.36 and a beta of 0.59. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 0.74. The firm has a fifty day moving average of $81.34 and a 200-day moving average of $76.59.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. The business had revenue of $15.27 billion during the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 16.34%. On average, equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 4.31 earnings per share for the current year.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.