403,914 Shares in Anheuser-Busch InBev SA/NV $BUD Bought by Cook & Bynum Capital Management LLC

Cook & Bynum Capital Management LLC bought a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 403,914 shares of the consumer goods maker’s stock, valued at approximately $33,282,514,000. Anheuser-Busch InBev SA/NV accounts for 24.7% of Cook & Bynum Capital Management LLC’s holdings, making the stock its 2nd largest position.

A number of other institutional investors have also bought and sold shares of BUD. Fisher Asset Management LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 3.3% in the 4th quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker’s stock worth $728,801,000 after acquiring an additional 368,721 shares in the last quarter. Morgan Stanley boosted its position in shares of 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 purchasing an additional 966,378 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Anheuser-Busch InBev SA/NV by 1.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 4,009,863 shares of the consumer goods maker’s stock worth $256,792,000 after purchasing an additional 42,009 shares during the period. Bank of America Corp DE grew its stake in Anheuser-Busch InBev SA/NV by 12.8% during the third quarter. Bank of America Corp DE now owns 3,770,946 shares of the consumer goods maker’s stock worth $224,786,000 after purchasing an additional 426,495 shares during the period. Finally, GQG Partners LLC bought a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter worth approximately $149,778,000. Institutional investors own 5.53% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. JPMorgan Chase & Co. reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Barclays reiterated an “equal weight” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, July 27th. TD Cowen boosted their target price on shares of 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. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Finally, Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $91.08.

Anheuser-Busch InBev SA/NV Stock Down 0.6%

Shares of NYSE:BUD opened at $78.86 on Wednesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.50 and a current ratio of 0.66. Anheuser-Busch InBev SA/NV has a 52-week low of $57.79 and a 52-week high of $86.60. The business’s 50 day simple moving average is $81.39 and its two-hundred day simple moving average is $78.27. The firm has a market cap of $159.23 billion, a P/E ratio of 16.71, a PEG ratio of 1.22 and a beta of 0.60.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Wednesday, July 29th. The consumer goods maker reported $1.21 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $16.66 billion during the quarter, compared to the consensus estimate of $16.23 billion. During the same quarter in the previous year, the company posted $0.98 earnings per share. The company’s quarterly revenue was up 11.0% on a year-over-year basis. As a group, research analysts forecast that Anheuser-Busch InBev SA/NV will post 4.39 EPS for the current fiscal year.

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.