American Century Companies Inc. Reduces Holdings in Anheuser-Busch InBev SA/NV $BUD

American Century Companies Inc. trimmed its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 7.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 198,454 shares of the consumer goods maker’s stock after selling 16,183 shares during the period. American Century Companies Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $12,217,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BUD. Vontobel Holding Ltd. lifted its stake in shares of Anheuser-Busch InBev SA/NV by 2.3% in the first quarter. Vontobel Holding Ltd. now owns 7,678 shares of the consumer goods maker’s stock worth $473,000 after acquiring an additional 174 shares in the last quarter. Crossmark Global Holdings Inc. raised its position in shares of Anheuser-Busch InBev SA/NV by 1.1% in the 1st quarter. Crossmark Global Holdings Inc. now owns 16,991 shares of the consumer goods maker’s stock valued at $1,046,000 after purchasing an additional 179 shares in the last quarter. Laurel Wealth Advisors LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 23.5% during the 1st quarter. Laurel Wealth Advisors LLC now owns 1,050 shares of the consumer goods maker’s stock valued at $65,000 after buying an additional 200 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 27.0% during the first quarter. GAMMA Investing LLC now owns 1,158 shares of the consumer goods maker’s stock worth $71,000 after buying an additional 246 shares in the last quarter. Finally, Rehmann Capital Advisory Group raised its holdings in Anheuser-Busch InBev SA/NV by 6.0% in the first quarter. Rehmann Capital Advisory Group now owns 4,961 shares of the consumer goods maker’s stock valued at $305,000 after acquiring an additional 281 shares in the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 30th. Wall Street Zen downgraded Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a report on Sunday, May 18th. Finally, The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $70.10 to $88.00 in a research report on Monday, May 12th. Three research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $71.50.

Anheuser-Busch InBev SA/NV Trading Down 1.2%

Shares of NYSE:BUD opened at $63.11 on Tuesday. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79. The company’s 50-day moving average price is $66.02 and its 200 day moving average price is $64.42. The company has a market cap of $113.42 billion, a PE ratio of 17.73, a P/E/G ratio of 1.80 and a beta of 0.79. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, beating the consensus estimate of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. The firm’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same period last year, the company earned $0.90 EPS. Sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

About Anheuser-Busch InBev SA/NV

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.