Prime Capital Investment Advisors LLC Invests $275,000 in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Prime Capital Investment Advisors LLC purchased a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 4,262 shares of the consumer goods maker’s stock, valued at approximately $275,000.

Other hedge funds have also added to or reduced their stakes in the company. Anchor Investment Management LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter worth $26,000. Householder Group Estate & Retirement Specialist LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV in the third quarter valued at about $26,000. GPS Wealth Strategies Group LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 448.2% during the third quarter. GPS Wealth Strategies Group LLC now owns 603 shares of the consumer goods maker’s stock worth $33,000 after buying an additional 493 shares during the period. Sunbelt Securities Inc. boosted its position in shares of Anheuser-Busch InBev SA/NV by 491.2% during the second quarter. Sunbelt Securities Inc. now owns 603 shares of the consumer goods maker’s stock worth $34,000 after buying an additional 501 shares during the period. Finally, Cary Street Partners Investment Advisory LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 125.4% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 629 shares of the consumer goods maker’s stock worth $35,000 after buying an additional 350 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE BUD opened at $58.67 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.48 and a current ratio of 0.63. The stock has a 50 day moving average price of $61.62 and a 200 day moving average price of $60.71. The stock has a market capitalization of $101.92 billion, a PE ratio of 22.14, a price-to-earnings-growth ratio of 1.80 and a beta of 1.13. Anheuser-Busch InBev SA/NV has a 52 week low of $51.66 and a 52 week high of $66.56.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.06. The firm had revenue of $14.47 billion for the quarter, compared to analyst estimates of $15.34 billion. Anheuser-Busch InBev SA/NV had a return on equity of 13.57% and a net margin of 8.99%. During the same quarter in the prior year, the company earned $0.98 earnings per share. Analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

BUD has been the subject of several recent research reports. TD Cowen reduced their price objective on Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating for the company in a research report on Tuesday, March 5th. BNP Paribas cut Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a research report on Friday, January 12th. Finally, Jefferies Financial Group raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and upped their price objective for the stock from $60.00 to $76.00 in a research report on Wednesday, January 10th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Moderate Buy” and a consensus target price of $71.70.

Anheuser-Busch InBev SA/NV Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, 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.