Cacti Asset Management LLC lifted its position in Anheuser-Busch Inbev SA (NYSE:BUD) by 0.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 228,100 shares of the consumer goods maker’s stock after purchasing an additional 510 shares during the quarter. Anheuser-Busch Inbev SA comprises approximately 2.3% of Cacti Asset Management LLC’s portfolio, making the stock its 25th largest holding. Cacti Asset Management LLC’s holdings in Anheuser-Busch Inbev SA were worth $27,030,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Blair William & Co. IL increased its holdings in shares of Anheuser-Busch Inbev SA by 11.4% in the second quarter. Blair William & Co. IL now owns 126,518 shares of the consumer goods maker’s stock worth $13,962,000 after purchasing an additional 12,914 shares during the period. Cowen Inc. grew its position in Anheuser-Busch Inbev SA by 76.5% in the second quarter. Cowen Inc. now owns 13,035 shares of the consumer goods maker’s stock worth $1,439,000 after acquiring an additional 5,650 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Anheuser-Busch Inbev SA by 6.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 92,615 shares of the consumer goods maker’s stock worth $10,221,000 after acquiring an additional 5,214 shares in the last quarter. Fisher Asset Management LLC grew its position in Anheuser-Busch Inbev SA by 1.0% in the second quarter. Fisher Asset Management LLC now owns 5,707,561 shares of the consumer goods maker’s stock worth $629,886,000 after acquiring an additional 57,541 shares in the last quarter. Finally, Eqis Capital Management Inc. grew its position in Anheuser-Busch Inbev SA by 19.7% in the second quarter. Eqis Capital Management Inc. now owns 3,230 shares of the consumer goods maker’s stock worth $356,000 after acquiring an additional 532 shares in the last quarter. 5.50% of the stock is currently owned by hedge funds and other institutional investors.

BUD has been the subject of several research reports. Zacks Investment Research upgraded shares of 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. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch Inbev SA in a research report on Wednesday, September 13th. Jefferies Group LLC reiterated a “buy” rating on shares of Anheuser-Busch Inbev SA in a research report on Monday, July 10th. 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. Finally, Argus initiated coverage on shares of 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. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $126.81.

Anheuser-Busch Inbev SA (NYSE BUD) traded down 0.07% during mid-day trading on Tuesday, reaching $125.63. 369,293 shares of the company’s stock traded hands. The firm has a market cap of $242.93 billion, a price-to-earnings ratio of 177.69 and a beta of 1.07. Anheuser-Busch Inbev SA has a one year low of $98.28 and a one year high of $129.09. The firm’s 50-day moving average price is $120.10 and its 200 day moving average price is $116.21.

Anheuser-Busch Inbev SA (NYSE:BUD) last posted 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 return on equity of 13.61% and a net margin of 7.37%. The business had revenue of $14.18 billion during the quarter, compared to the consensus estimate of $14.15 billion. During the same quarter last year, the firm earned $1.06 earnings per share. The business’s quarterly revenue was up 31.2% on a year-over-year basis. On average, equities analysts forecast that Anheuser-Busch Inbev SA will post $4.13 EPS for the current year.

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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.

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

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