Ally Financial Inc. increased its holdings in shares of Anheuser-Busch Inbev SA (NYSE:BUD) by 12.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 53,000 shares of the consumer goods maker’s stock after buying an additional 6,000 shares during the quarter. Anheuser-Busch Inbev SA accounts for about 1.2% of Ally Financial Inc.’s holdings, making the stock its 27th biggest holding. Ally Financial Inc.’s holdings in Anheuser-Busch Inbev SA were worth $5,849,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the stock. Johnson Financial Group Inc. lifted its position in shares of Anheuser-Busch Inbev SA by 0.3% during the 2nd quarter. Johnson Financial Group Inc. now owns 1,179 shares of the consumer goods maker’s stock worth $130,000 after buying an additional 3 shares during the last quarter. Omnia Family Wealth LLC lifted its position in shares of Anheuser-Busch Inbev SA by 0.5% during the 2nd quarter. Omnia Family Wealth LLC now owns 1,761 shares of the consumer goods maker’s stock worth $194,000 after buying an additional 8 shares during the last quarter. Ironwood Investment Management LLC lifted its position in shares of Anheuser-Busch Inbev SA by 0.7% during the 2nd quarter. Ironwood Investment Management LLC now owns 3,322 shares of the consumer goods maker’s stock worth $367,000 after buying an additional 23 shares during the last quarter. Bahl & Gaynor Inc. lifted its position in shares of Anheuser-Busch Inbev SA by 1.2% during the 2nd quarter. Bahl & Gaynor Inc. now owns 2,418 shares of the consumer goods maker’s stock worth $255,000 after buying an additional 28 shares during the last quarter. Finally, Sky Investment Group LLC lifted its position in shares of Anheuser-Busch Inbev SA by 0.5% during the 2nd quarter. Sky Investment Group LLC now owns 6,203 shares of the consumer goods maker’s stock worth $685,000 after buying an additional 30 shares during the last quarter. Institutional investors and hedge funds own 5.49% of the company’s stock.

Several research firms have commented on BUD. Jefferies Group LLC reiterated a “buy” rating and issued a $132.00 target price on shares of Anheuser-Busch Inbev SA in a research report on Wednesday, June 28th. Stifel Nicolaus reiterated a “buy” rating and issued a $140.00 target price (up from $134.00) on shares of Anheuser-Busch Inbev SA in a research report 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 report on Wednesday, July 19th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating on shares of Anheuser-Busch Inbev SA in a research report on Monday, July 10th. Finally, Argus began coverage on Anheuser-Busch Inbev SA in a research report on Friday, September 8th. They issued a “buy” rating and a $136.00 target price for the company. Three investment 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 stock currently has a consensus rating of “Hold” and a consensus target price of $126.81.

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 for the quarter, missing analysts’ consensus estimates 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 company had revenue of $14.18 billion during the quarter, compared to the consensus estimate of $14.15 billion. During the same period last year, the firm posted $1.06 EPS. The company’s revenue was up 31.2% on a year-over-year basis.

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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.

Institutional Ownership by Quarter for Anheuser-Busch Inbev SA (NYSE:BUD)

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