Wetherby Asset Management Inc. raised its stake in shares of Anheuser-Busch Inbev SA (NYSE:BUD) by 2.9% during the second quarter, Holdings Channel reports. The firm owned 8,211 shares of the consumer goods maker’s stock after buying an additional 235 shares during the period. Wetherby Asset Management Inc.’s holdings in Anheuser-Busch Inbev SA were worth $907,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of BUD. Morgan Stanley increased its position in shares of Anheuser-Busch Inbev SA by 51.0% in the first quarter. Morgan Stanley now owns 3,892,315 shares of the consumer goods maker’s stock valued at $427,221,000 after buying an additional 1,315,414 shares during the period. Laurion Capital Management LP increased its position in shares of Anheuser-Busch Inbev SA by 504.6% in the first quarter. Laurion Capital Management LP now owns 700,702 shares of the consumer goods maker’s stock valued at $76,909,000 after buying an additional 584,802 shares during the period. Clearbridge Investments LLC increased its position in shares of Anheuser-Busch Inbev SA by 11.3% in the first quarter. Clearbridge Investments LLC now owns 4,938,501 shares of the consumer goods maker’s stock valued at $542,050,000 after buying an additional 502,195 shares during the period. BNP Paribas Arbitrage SA increased its position in shares of Anheuser-Busch Inbev SA by 1,563.2% in the first quarter. BNP Paribas Arbitrage SA now owns 297,341 shares of the consumer goods maker’s stock valued at $32,636,000 after buying an additional 279,463 shares during the period. Finally, Haverford Trust Co. increased its position in shares of Anheuser-Busch Inbev SA by 47.9% in the first quarter. Haverford Trust Co. now owns 837,557 shares of the consumer goods maker’s stock valued at $91,930,000 after buying an additional 271,231 shares during the period. Institutional investors own 5.27% of the company’s stock.

Shares of Anheuser-Busch Inbev SA (NYSE:BUD) opened at 116.06 on Friday. Anheuser-Busch Inbev SA has a 12-month low of $98.28 and a 12-month high of $136.08. The stock’s 50 day moving average price is $115.01 and its 200-day moving average price is $112.46. The firm has a market capitalization of $224.43 billion, a P/E ratio of 57.86 and a beta of 1.07.

Anheuser-Busch Inbev SA (NYSE:BUD) last issued its earnings results on Thursday, July 27th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.14 by $0.19. The company had revenue of $14.18 billion for the quarter, compared to analyst estimates of $14.15 billion. Anheuser-Busch Inbev SA had a net margin of 7.37% and a return on equity of 13.61%. The company’s quarterly revenue was up 31.2% on a year-over-year basis. During the same period last year, the business earned $1.06 EPS. On average, equities analysts expect that Anheuser-Busch Inbev SA will post $4.16 EPS for the current year.

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Several research analysts have weighed in on BUD shares. Zacks Investment Research upgraded Anheuser-Busch Inbev SA from a “strong sell” rating to a “hold” rating in a report on Monday, April 17th. Susquehanna Bancshares Inc reiterated a “neutral” rating and issued a $101.00 price target (down from $109.00) on shares of Anheuser-Busch Inbev SA in a report on Wednesday, April 26th. Vetr downgraded Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating and set a $104.70 price target for the company. in a report on Monday, May 1st. Jefferies Group LLC reiterated a “buy” rating and issued a $132.00 price target on shares of Anheuser-Busch Inbev SA in a report on Monday, May 15th. Finally, BidaskClub downgraded Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a report on Wednesday, June 14th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $128.10.

Anheuser-Busch Inbev SA Company Profile

Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

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Institutional Ownership by Quarter for Anheuser-Busch Inbev SA (NYSE:BUD)

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