Dodge & Cox Sells 1,931,321 Shares of Anheuser-Busch InBev SA/NV $BUD

Dodge & Cox lessened its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 5.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 36,546,221 shares of the consumer goods maker’s stock after selling 1,931,321 shares during the period. Dodge & Cox owned about 1.87% of Anheuser-Busch InBev SA/NV worth $2,178,520,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Salomon & Ludwin LLC raised its holdings in Anheuser-Busch InBev SA/NV by 494.7% in the 3rd quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock valued at $27,000 after acquiring an additional 371 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter worth approximately $35,000. Mather Group LLC. bought a new stake in shares of Anheuser-Busch InBev SA/NV during the third quarter valued at approximately $34,000. Rexford Capital Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV during the second quarter valued at approximately $55,000. Finally, Paradigm Asset Management Co. LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the third quarter valued at $53,000. 5.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BUD has been the subject of several research reports. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, February 26th. Deutsche Bank Aktiengesellschaft reaffirmed a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, February 16th. The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, February 13th. Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, February 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $81.00.

Anheuser-Busch InBev SA/NV Stock Up 0.6%

Shares of NYSE:BUD opened at $72.35 on Friday. The company’s fifty day moving average is $73.17 and its 200-day moving average is $65.57. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. Anheuser-Busch InBev SA/NV has a 52 week low of $56.97 and a 52 week high of $81.56. The company has a market capitalization of $141.11 billion, a PE ratio of 21.03, a P/E/G ratio of 1.21 and a beta of 0.54.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. The business had revenue of $15.56 billion during the quarter, compared to analysts’ expectations of $15.48 billion. During the same quarter last year, the company posted $0.88 EPS. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. Equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Profile

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.