Bank OZK Raises Stock Holdings in Anheuser-Busch InBev SA/NV $BUD

Bank OZK raised its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 37.8% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 25,794 shares of the consumer goods maker’s stock after acquiring an additional 7,071 shares during the period. Bank OZK’s holdings in Anheuser-Busch InBev SA/NV were worth $2,125,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Fisher Asset Management LLC boosted 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 worth $728,801,000 after purchasing an additional 368,721 shares during the last quarter. Morgan Stanley raised its stake in Anheuser-Busch InBev SA/NV by 29.8% during the 4th quarter. Morgan Stanley now owns 4,205,767 shares of the consumer goods maker’s stock valued at $269,337,000 after buying an additional 966,378 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Anheuser-Busch InBev SA/NV by 1.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 4,009,863 shares of the consumer goods maker’s stock valued at $256,792,000 after buying an additional 42,009 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 12.8% during the 3rd quarter. Bank of America Corp DE now owns 3,770,946 shares of the consumer goods maker’s stock valued at $224,786,000 after buying an additional 426,495 shares during the period. Finally, Wellington Management Group LLP lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 10,464.1% during the 2nd quarter. Wellington Management Group LLP now owns 3,190,248 shares of the consumer goods maker’s stock valued at $262,876,000 after buying an additional 3,160,049 shares during the period. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD traded down $0.63 on Tuesday, hitting $79.72. 5,077,630 shares of the company traded hands, compared to its average volume of 2,125,785. The company has a market capitalization of $160.97 billion, a price-to-earnings ratio of 16.89, a P/E/G ratio of 1.15 and a beta of 0.59. The company has a current ratio of 0.66, a quick ratio of 0.50 and a debt-to-equity ratio of 0.68. The business’s 50 day moving average price is $80.82 and its 200-day moving average price is $78.38. Anheuser-Busch InBev SA/NV has a 52-week low of $57.79 and a 52-week high of $86.60.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Wednesday, July 29th. The consumer goods maker reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.12. Anheuser-Busch InBev SA/NV had a return on equity of 16.42% and a net margin of 14.90%.The business had revenue of $16.66 billion during the quarter, compared to analysts’ expectations of $16.23 billion. During the same quarter in the prior year, the business posted $0.98 earnings per share. The business’s quarterly revenue was up 11.0% on a year-over-year basis. Equities analysts expect that Anheuser-Busch InBev SA/NV will post 4.38 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. TD Cowen upped their price objective on Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the company a “hold” rating in a research report on Friday, June 26th. Barclays restated an “equal weight” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, July 27th. DZ Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, May 21st. JPMorgan Chase & Co. reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. Finally, Berenberg Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, June 5th. Eleven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Moderate Buy” and an average target price of $91.08.

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.