Anheuser-Busch InBev SA/NV (NYSE:BUD) Position Increased by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC increased its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 28.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,239 shares of the consumer goods maker’s stock after buying an additional 492 shares during the period. EverSource Wealth Advisors LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $133,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. GPS Wealth Strategies Group LLC boosted its stake in Anheuser-Busch InBev SA/NV by 50.7% in the second quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock valued at $32,000 after acquiring an additional 185 shares during the period. Blue Trust Inc. grew its stake in Anheuser-Busch InBev SA/NV by 225.0% during the 2nd quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker’s stock worth $33,000 after buying an additional 378 shares during the last quarter. Addison Advisors LLC grew its stake in Anheuser-Busch InBev SA/NV by 39.7% during the 2nd quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock worth $34,000 after buying an additional 168 shares during the last quarter. Hantz Financial Services Inc. acquired a new stake in Anheuser-Busch InBev SA/NV in the second quarter worth $35,000. Finally, Valley Wealth Managers Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV during the second quarter valued at $38,000. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Up 3.8 %

Anheuser-Busch InBev SA/NV stock opened at $65.52 on Friday. Anheuser-Busch InBev SA/NV has a 52 week low of $51.66 and a 52 week high of $67.49. The stock has a market cap of $117.75 billion, a price-to-earnings ratio of 27.53, a PEG ratio of 1.77 and a beta of 1.09. The company’s 50-day moving average price is $61.82 and its two-hundred day moving average price is $61.32. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Thursday, August 1st. The consumer goods maker reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 9.89% and a return on equity of 14.77%. The business had revenue of $15.33 billion for the quarter, compared to analyst estimates of $15.21 billion. During the same quarter last year, the business earned $0.72 earnings per share. On average, analysts expect that Anheuser-Busch InBev SA/NV will post 3.41 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on BUD shares. UBS Group raised shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Monday, June 24th. Morgan Stanley boosted their price objective on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 10th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $73.25.

About Anheuser-Busch InBev SA/NV

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.