GAMMA Investing LLC Increases Holdings in Anheuser-Busch InBev SA/NV $BUD

GAMMA Investing LLC increased its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 75.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,037 shares of the consumer goods maker’s stock after acquiring an additional 879 shares during the quarter. GAMMA Investing LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $140,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Dodge & Cox raised its stake in Anheuser-Busch InBev SA/NV by 2.8% in 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 in the last quarter. Goldman Sachs Group Inc. lifted its position in 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 purchasing an additional 265,783 shares during the last quarter. Alberta Investment Management Corp lifted its position in Anheuser-Busch InBev SA/NV by 34.0% in the first quarter. Alberta Investment Management Corp now owns 763,800 shares of the consumer goods maker’s stock valued at $47,020,000 after purchasing an additional 193,800 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in shares of 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 valued at $171,767,000 after acquiring an additional 190,830 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of Anheuser-Busch InBev SA/NV by 24.8% during 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 in the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

BUD has been the topic of a number of research reports. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, September 17th. Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday. Morningstar raised Anheuser-Busch InBev SA/NV to a “buy” rating in a report on Thursday, September 18th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $71.00.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD stock opened at $59.55 on Wednesday. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $72.13. The stock has a market capitalization of $116.28 billion, a price-to-earnings ratio of 16.73, a P/E/G ratio of 1.69 and a beta of 0.79. The stock has a fifty day simple moving average of $61.35 and a two-hundred day simple moving average of $64.82. 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 (NYSE:BUD) last issued its quarterly earnings data on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share for the quarter, topping 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 firm’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.90 earnings per share. On average, analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Company 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.