Fayez Sarofim & Co. Raises Position in Anheuser-Busch Inbev SA (BUD)

Fayez Sarofim & Co. increased its stake in shares of Anheuser-Busch Inbev SA (NYSE:BUD) by 2.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,086,459 shares of the consumer goods maker’s stock after purchasing an additional 22,252 shares during the period. Fayez Sarofim & Co. owned 0.06% of Anheuser-Busch Inbev SA worth $119,901,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of BUD. Chicago Partners Investment Group LLC acquired a new position in shares of Anheuser-Busch Inbev SA during the 2nd quarter worth approximately $101,000. BDO Wealth Advisors LLC acquired a new position in shares of Anheuser-Busch Inbev SA during the 2nd quarter worth approximately $110,000. Jacobus Wealth Management Inc. raised its position in shares of Anheuser-Busch Inbev SA by 4.2% during the 1st quarter. Jacobus Wealth Management Inc. now owns 1,042 shares of the consumer goods maker’s stock worth $114,000 after purchasing an additional 42 shares during the last quarter. Bronfman E.L. Rothschild L.P. raised its position in shares of Anheuser-Busch Inbev SA by 5.1% during the 1st quarter. Bronfman E.L. Rothschild L.P. now owns 1,103 shares of the consumer goods maker’s stock worth $121,000 after purchasing an additional 54 shares during the last quarter. Finally, Oakworth Capital Inc. raised its position in shares of Anheuser-Busch Inbev SA by 4.0% during the 2nd quarter. Oakworth Capital Inc. now owns 1,175 shares of the consumer goods maker’s stock worth $130,000 after purchasing an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 5.50% of the company’s stock.

Several research analysts recently issued reports on the company. Jefferies Group LLC restated a “buy” rating and set a $132.00 price objective on shares of Anheuser-Busch Inbev SA in a research report on Wednesday, June 28th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of Anheuser-Busch Inbev SA in a research note on Monday, July 10th. Argus began coverage on shares of 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. BidaskClub cut shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a research note on Wednesday, June 14th. Finally, Susquehanna Bancshares Inc reaffirmed a “neutral” rating and issued a $125.00 target price (up from $111.00) on shares of Anheuser-Busch Inbev SA in a research note on Tuesday, August 1st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the stock. The stock presently has an average 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 mid-day trading on Friday, hitting $120.86. 1,006,063 shares of the stock traded hands. Anheuser-Busch Inbev SA has a 52 week low of $98.28 and a 52 week high of $136.08. The stock has a 50-day moving average of $118.58 and a 200-day moving average of $114.54. The company has a market cap of $233.71 billion, a price-to-earnings ratio of 60.25 and a beta of 1.07.

Anheuser-Busch Inbev SA (NYSE:BUD) last released its earnings results on Thursday, July 27th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.19). Anheuser-Busch Inbev SA had a return on equity of 13.61% and a net margin of 7.37%. The company had revenue of $14.18 billion during the quarter, compared to analysts’ expectations of $14.15 billion. During the same quarter in the previous year, the company earned $1.06 EPS. The firm’s quarterly revenue was up 31.2% compared to the same quarter last year. Analysts anticipate that Anheuser-Busch Inbev SA will post $4.14 EPS for the current year.

Anheuser-Busch Inbev SA 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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