8,105 Shares in Anheuser-Busch InBev SA/NV (NYSE:BUD) Purchased by Private Advisor Group LLC

Private Advisor Group LLC bought a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 8,105 shares of the consumer goods maker’s stock, valued at approximately $541,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Clearstead Advisors LLC bought a new stake in Anheuser-Busch InBev SA/NV during the first quarter worth about $32,000. James Investment Research Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the first quarter worth about $33,000. Ronald Blue Trust Inc. raised its holdings in Anheuser-Busch InBev SA/NV by 70.3% during the first quarter. Ronald Blue Trust Inc. now owns 499 shares of the consumer goods maker’s stock worth $30,000 after acquiring an additional 206 shares in the last quarter. Heritage Wealth Management LLC bought a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter worth about $30,000. Finally, Contravisory Investment Management Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the first quarter worth about $33,000. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock opened at $56.17 on Friday. The stock’s fifty day moving average price is $56.89 and its two-hundred day moving average price is $59.51. Anheuser-Busch InBev SA/NV has a one year low of $44.51 and a one year high of $67.09. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.64 and a quick ratio of 0.43. The firm has a market cap of $97.57 billion, a PE ratio of 18.12, a price-to-earnings-growth ratio of 1.73 and a beta of 1.25.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Wednesday, August 2nd. The consumer goods maker reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 14.69% and a net margin of 10.59%. The firm had revenue of $15.12 billion for the quarter, compared to analyst estimates of $15.33 billion. During the same quarter last year, the company earned $0.73 EPS. As a group, research analysts expect that Anheuser-Busch InBev SA/NV will post 3.06 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on BUD shares. Evercore ISI lowered their price target on Anheuser-Busch InBev SA/NV from $80.00 to $70.00 in a research report on Thursday, June 8th. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Thursday, June 22nd. Morgan Stanley raised Anheuser-Busch InBev SA/NV from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $64.00 to $68.50 in a research report on Thursday, July 20th. HSBC downgraded Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research report on Wednesday, May 10th. Finally, StockNews.com started coverage on Anheuser-Busch InBev SA/NV in a research report on Thursday, August 17th. They set a “hold” rating on the stock. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $67.06.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, markets, and sells beer and beverages. 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.