Bristlecone Value Partners LLC Purchases New Position in Anheuser-Busch InBev SA/NV $BUD

Bristlecone Value Partners LLC purchased a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 12,362 shares of the consumer goods maker’s stock, valued at approximately $792,000. Anheuser-Busch InBev SA/NV makes up approximately 0.9% of Bristlecone Value Partners LLC’s investment portfolio, making the stock its 22nd biggest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Balanced Rock Investment Advisors LLC boosted its holdings in 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. Brucke Financial Inc. boosted its holdings in Anheuser-Busch InBev SA/NV by 2.9% in the fourth quarter. Brucke Financial Inc. now owns 6,235 shares of the consumer goods maker’s stock valued at $399,000 after purchasing an additional 178 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Anheuser-Busch InBev SA/NV by 0.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 46,080 shares of the consumer goods maker’s stock valued at $2,747,000 after purchasing an additional 189 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in Anheuser-Busch InBev SA/NV by 79.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after purchasing an additional 220 shares in the last quarter. Finally, National Bank of Canada FI boosted its holdings in Anheuser-Busch InBev SA/NV by 7.6% in the third quarter. National Bank of Canada FI now owns 3,535 shares of the consumer goods maker’s stock valued at $211,000 after purchasing an additional 251 shares in the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE BUD opened at $82.91 on Friday. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74. Anheuser-Busch InBev SA/NV has a twelve month low of $56.97 and a twelve month high of $84.46. The stock has a 50 day moving average of $78.05 and a two-hundred day moving average of $72.41. The stock has a market cap of $161.71 billion, a P/E ratio of 22.65, a P/E/G ratio of 1.34 and a beta of 0.59.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 16.34% and a net margin of 11.90%.The business had revenue of $15.27 billion during the quarter. On average, research analysts forecast that Anheuser-Busch InBev SA/NV will post 4.32 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on BUD. Weiss Ratings reiterated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, June 1st. JPMorgan Chase & Co. boosted their price objective on Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Barclays reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 5th. UBS Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday. Finally, Sanford C. Bernstein reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 19th. Eleven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $93.42.

Anheuser-Busch InBev SA/NV 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.