Cook & Bynum Capital Management LLC Takes $33.28 Million Position in Anheuser-Busch InBev SA/NV $BUD

Cook & Bynum Capital Management LLC acquired a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD) during the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 403,914 shares of the consumer goods maker’s stock, valued at approximately $33,282,514. Anheuser-Busch InBev SA/NV makes up about 0.0% of Cook & Bynum Capital Management LLC’s holdings, making the stock its 2nd largest holding.

Several other hedge funds and other institutional investors also recently bought and sold shares of BUD. Balanced Rock Investment Advisors LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 1.4% in the fourth quarter. Balanced Rock Investment Advisors LLC now owns 9,185 shares of the consumer goods maker’s stock valued at $588,000 after purchasing an additional 130 shares in the last quarter. CoreCap Advisors LLC grew its holdings in Anheuser-Busch InBev SA/NV by 32.8% in the 2nd quarter. CoreCap Advisors LLC now owns 595 shares of the consumer goods maker’s stock valued at $49,000 after buying an additional 147 shares in the last quarter. Persium Advisors LLC raised its position in Anheuser-Busch InBev SA/NV by 1.4% during the 1st quarter. Persium Advisors LLC now owns 10,890 shares of the consumer goods maker’s stock worth $755,000 after purchasing an additional 152 shares during the last quarter. Fifth Third Bancorp increased its stake in Anheuser-Busch InBev SA/NV by 19.0% during the 1st quarter. Fifth Third Bancorp now owns 1,029 shares of the consumer goods maker’s stock valued at $71,000 after purchasing an additional 164 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in Anheuser-Busch InBev SA/NV by 0.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 46,080 shares of the consumer goods maker’s stock worth $2,747,000 after buying an additional 189 shares in the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, June 30th. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, June 5th. Jefferies Financial Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. Weiss Ratings lowered Anheuser-Busch InBev SA/NV from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 17th. Finally, Barclays reaffirmed an “equal weight” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, July 27th. Eleven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $91.08.

Anheuser-Busch InBev SA/NV Trading Up 0.9%

Shares of Anheuser-Busch InBev SA/NV stock traded up $0.70 during trading on Friday, reaching $79.80. The company’s stock had a trading volume of 2,174,029 shares, compared to its average volume of 2,088,760. The company has a quick ratio of 0.50, a current ratio of 0.66 and a debt-to-equity ratio of 0.68. Anheuser-Busch InBev SA/NV has a 52-week low of $57.79 and a 52-week high of $86.60. The company has a market cap of $161.14 billion, a price-to-earnings ratio of 16.91, a PEG ratio of 1.20 and a beta of 0.60. The firm’s 50-day moving average is $81.31 and its two-hundred day moving average is $78.32.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Wednesday, July 29th. The consumer goods maker reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.12. The company had revenue of $16.66 billion for the quarter, compared to the consensus estimate of $16.23 billion. Anheuser-Busch InBev SA/NV had a net margin of 14.90% and a return on equity of 16.42%. Anheuser-Busch InBev SA/NV’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.98 EPS. On average, sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.39 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Company Profile

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.