Laurion Capital Management LP Has $48.99 Million Holdings in Anheuser-Busch Inbev SA (BUD)
Laurion Capital Management LP lessened its position in shares of Anheuser-Busch Inbev SA (NYSE:BUD) by 36.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 443,922 shares of the consumer goods maker’s stock after selling 256,780 shares during the period. Anheuser-Busch Inbev SA comprises 0.3% of Laurion Capital Management LP’s investment portfolio, making the stock its 18th biggest holding. Laurion Capital Management LP’s holdings in Anheuser-Busch Inbev SA were worth $48,991,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of BUD. Waldron LP acquired a new position in Anheuser-Busch Inbev SA during the 1st quarter worth approximately $267,000. Sei Investments Co. grew its holdings in Anheuser-Busch Inbev SA by 6.6% during the 1st quarter. Sei Investments Co. now owns 18,617 shares of the consumer goods maker’s stock worth $2,043,000 after acquiring an additional 1,154 shares in the last quarter. Thompson Davis & CO. Inc. grew its holdings in Anheuser-Busch Inbev SA by 971.7% during the 1st quarter. Thompson Davis & CO. Inc. now owns 2,197 shares of the consumer goods maker’s stock worth $241,000 after acquiring an additional 1,992 shares in the last quarter. Smith Moore & CO. acquired a new position in Anheuser-Busch Inbev SA during the 1st quarter worth approximately $424,000. Finally, Keystone Financial Planning Inc. grew its holdings in Anheuser-Busch Inbev SA by 37.9% during the 1st quarter. Keystone Financial Planning Inc. now owns 11,918 shares of the consumer goods maker’s stock worth $1,308,000 after acquiring an additional 3,277 shares in the last quarter. Institutional investors own 5.50% of the company’s stock.
Several research analysts have commented on BUD shares. BidaskClub cut shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a report on Wednesday, June 14th. Stifel Nicolaus restated a “buy” rating and issued a $140.00 target price (up previously from $134.00) on shares of Anheuser-Busch Inbev SA in a report on Friday, June 23rd. Jefferies Group LLC restated a “buy” rating and issued a $132.00 target price on shares of Anheuser-Busch Inbev SA in a report on Wednesday, June 28th. Zacks Investment Research upgraded shares of Anheuser-Busch Inbev SA from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Finally, Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Anheuser-Busch Inbev SA in a report on Monday, July 10th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and twelve have issued a buy rating to the company’s stock. Anheuser-Busch Inbev SA presently has a consensus rating of “Hold” and a consensus target price of $126.81.
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Shares of Anheuser-Busch Inbev SA (NYSE:BUD) traded down 0.72% during trading on Friday, reaching $120.86. 1,006,063 shares of the company’s stock were exchanged. The stock has a market capitalization of $233.71 billion, a PE ratio of 60.25 and a beta of 1.07. The company’s 50-day moving average is $118.58 and its 200 day moving average is $114.54. Anheuser-Busch Inbev SA has a 52 week low of $98.28 and a 52 week high of $136.08. Anheuser-Busch Inbev SA also saw some unusual options trading activity on Wednesday. Investors purchased 446 call options on the stock. This is an increase of approximately 120% compared to the typical volume of 203 call options.
Anheuser-Busch Inbev SA (NYSE:BUD) last announced its quarterly earnings results on Thursday, July 27th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.14 by ($0.19). Anheuser-Busch Inbev SA had a net margin of 7.37% and a return on equity of 13.61%. The firm had revenue of $14.18 billion for the quarter, compared to analyst estimates of $14.15 billion. During the same period last year, the firm posted $1.06 EPS. The business’s revenue was up 31.2% compared to the same quarter last year. On average, analysts forecast that Anheuser-Busch Inbev SA will post $4.14 earnings per share for the current year.
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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