JPMorgan Chase & Co. Increases Stake in Anheuser-Busch Inbev SA (BUD)

JPMorgan Chase & Co. grew its holdings in Anheuser-Busch Inbev SA (NYSE:BUD) by 40.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 366,892 shares of the consumer goods maker’s stock after buying an additional 106,351 shares during the quarter. JPMorgan Chase & Co.’s holdings in Anheuser-Busch Inbev SA were worth $40,490,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Chicago Partners Investment Group LLC acquired a new stake in shares of Anheuser-Busch Inbev SA in the second quarter valued at $101,000. BDO Wealth Advisors LLC acquired a new stake in shares of Anheuser-Busch Inbev SA in the second quarter valued at $110,000. Jacobus Wealth Management Inc. increased its stake in shares of Anheuser-Busch Inbev SA by 4.2% in the first quarter. Jacobus Wealth Management Inc. now owns 1,042 shares of the consumer goods maker’s stock valued at $114,000 after buying an additional 42 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its stake in shares of Anheuser-Busch Inbev SA by 5.1% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,103 shares of the consumer goods maker’s stock valued at $121,000 after buying an additional 54 shares in the last quarter. Finally, Oakworth Capital Inc. increased its stake in shares of Anheuser-Busch Inbev SA by 4.0% in the second quarter. Oakworth Capital Inc. now owns 1,175 shares of the consumer goods maker’s stock valued at $130,000 after buying an additional 45 shares in the last quarter. Institutional investors own 5.50% of the company’s stock.

Anheuser-Busch Inbev SA (NYSE:BUD) opened at 121.77 on Friday. The company has a market cap of $235.47 billion, a PE ratio of 60.70 and a beta of 1.07. The firm’s 50-day moving average price is $118.64 and its 200-day moving average price is $114.46. Anheuser-Busch Inbev SA has a one year low of $98.28 and a one year high of $136.08. Anheuser-Busch Inbev SA also saw some unusual options trading on Wednesday. Investors bought 446 call options on the stock. This represents an increase of approximately 120% compared to the typical daily volume of 203 call options.

Anheuser-Busch Inbev SA (NYSE:BUD) last announced its earnings results on Thursday, July 27th. The consumer goods maker reported $0.95 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 business had revenue of $14.18 billion for the quarter, compared to the consensus estimate of $14.15 billion. During the same quarter in the previous year, the company earned $1.06 EPS. The firm’s revenue for the quarter was up 31.2% on a year-over-year basis. On average, equities research analysts forecast that Anheuser-Busch Inbev SA will post $4.14 earnings per share for the current fiscal year.

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A number of analysts have recently weighed in on BUD shares. Jefferies Group LLC restated a “buy” rating and issued a $132.00 target price on shares of Anheuser-Busch Inbev SA in a research note on Wednesday, June 28th. Stifel Nicolaus restated a “buy” rating and issued a $140.00 target price (up from $134.00) on shares of Anheuser-Busch Inbev SA in a research note on Friday, June 23rd. Zacks Investment Research upgraded Anheuser-Busch Inbev SA from a “hold” rating to a “buy” rating and set a $128.00 target price for the company in a research note on Wednesday, July 19th. Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Anheuser-Busch Inbev SA in a research note on Monday, July 10th. Finally, Argus started coverage on Anheuser-Busch Inbev SA in a research note on Friday, September 8th. They issued a “buy” rating and a $136.00 target price for the company. 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’s stock. The company has an average rating of “Hold” and an average price target of $126.81.

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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