Highland Capital Management LLC Has $1.81 Million Position in Anheuser-Busch InBev SA/NV $BUD

Highland Capital Management LLC trimmed its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 2.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,335 shares of the consumer goods maker’s stock after selling 735 shares during the period. Highland Capital Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,810,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of BUD. Dodge & Cox boosted its position in Anheuser-Busch InBev SA/NV by 2.8% during the first quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker’s stock valued at $2,531,109,000 after purchasing an additional 1,119,308 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Anheuser-Busch InBev SA/NV by 25.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock valued at $81,151,000 after buying an additional 265,783 shares in the last quarter. Alberta Investment Management Corp increased its holdings in Anheuser-Busch InBev SA/NV by 34.0% during the first quarter. Alberta Investment Management Corp now owns 763,800 shares of the consumer goods maker’s stock worth $47,020,000 after buying an additional 193,800 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its position in Anheuser-Busch InBev SA/NV by 7.3% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 2,790,240 shares of the consumer goods maker’s stock worth $171,767,000 after acquiring an additional 190,830 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in Anheuser-Busch InBev SA/NV by 24.8% in the first quarter. Raymond James Financial Inc. now owns 929,927 shares of the consumer goods maker’s stock valued at $57,246,000 after acquiring an additional 184,749 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE BUD opened at $59.55 on Monday. The firm has a market cap of $116.27 billion, a P/E ratio of 16.73, a price-to-earnings-growth ratio of 1.72 and a beta of 0.76. The business’s 50 day moving average is $60.72 and its 200-day moving average is $64.76. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.The company’s revenue was down 2.1% on a year-over-year basis. During the same period last year, the business posted $0.90 EPS. Equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Wall Street Analyst Weigh In

BUD has been the topic of several recent analyst reports. Morningstar upgraded shares of Anheuser-Busch InBev SA/NV to a “buy” rating in a research note on Thursday, September 18th. The Goldman Sachs Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 25th. Weiss Ratings restated a “hold (c-)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Saturday, September 27th. Sanford C. Bernstein reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, September 30th. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, September 17th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $71.00.

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.