Wipfli Financial Advisors LLC bought a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,207 shares of the consumer goods maker's stock, valued at approximately $100,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Dodge & Cox lifted its position in Anheuser-Busch InBev SA/NV by 13.7% during the 2nd quarter. Dodge & Cox now owns 23,838,936 shares of the consumer goods maker's stock worth $1,286,111,000 after buying an additional 2,865,804 shares in the last quarter. Capital International Investors raised its holdings in shares of Anheuser-Busch InBev SA/NV by 3.6% in the 1st quarter. Capital International Investors now owns 7,344,543 shares of the consumer goods maker's stock valued at $444,214,000 after purchasing an additional 252,914 shares during the period. Dynamo Internacional Gestao DE Recursos LTDA. raised its holdings in shares of Anheuser-Busch InBev SA/NV by 7.8% in the 2nd quarter. Dynamo Internacional Gestao DE Recursos LTDA. now owns 4,025,638 shares of the consumer goods maker's stock valued at $217,183,000 after purchasing an additional 292,636 shares during the period. Royal Bank of Canada raised its holdings in shares of Anheuser-Busch InBev SA/NV by 9.3% in the 1st quarter. Royal Bank of Canada now owns 2,246,141 shares of the consumer goods maker's stock valued at $134,902,000 after purchasing an additional 190,769 shares during the period. Finally, Bank of America Corp DE raised its holdings in shares of Anheuser-Busch InBev SA/NV by 10.1% in the 1st quarter. Bank of America Corp DE now owns 2,028,424 shares of the consumer goods maker's stock valued at $121,829,000 after purchasing an additional 185,246 shares during the period. 5.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Jefferies Financial Group cut shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating and dropped their target price for the company from $68.00 to $54.00 in a report on Monday, September 26th. Barclays dropped their target price on shares of Anheuser-Busch InBev SA/NV from €78.00 ($83.87) to €74.00 ($79.57) and set an "overweight" rating on the stock in a report on Monday, October 10th. JPMorgan Chase & Co. raised shares of Anheuser-Busch InBev SA/NV from an "underweight" rating to an "overweight" rating and increased their price target for the company from $45.00 to $70.00 in a report on Monday, November 28th. They noted that the move was a valuation call. Morgan Stanley lowered their price target on shares of Anheuser-Busch InBev SA/NV from €54.00 ($58.06) to €52.00 ($55.91) and set an "equal weight" rating on the stock in a report on Tuesday, October 11th. Finally, Credit Suisse Group cut shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to an "underperform" rating in a report on Thursday, December 15th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $64.70.

Anheuser-Busch InBev SA/NV Stock Performance

Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) last announced its earnings results on Thursday, October 27th. The consumer goods maker reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.78 by $0.03. Anheuser-Busch InBev SA/NV had a net margin of 8.88% and a return on equity of 15.51%. The firm had revenue of $15.09 billion for the quarter, compared to analyst estimates of $15.12 billion. Equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.05 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Profile

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Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. 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.

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