Focus Partners Wealth Has $1.63 Million Holdings in Anheuser-Busch InBev SA/NV $BUD

Focus Partners Wealth raised its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 19.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,428 shares of the consumer goods maker’s stock after acquiring an additional 4,387 shares during the quarter. Focus Partners Wealth’s holdings in Anheuser-Busch InBev SA/NV were worth $1,627,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BUD. NBC Securities Inc. acquired a new stake in Anheuser-Busch InBev SA/NV in the 1st quarter valued at about $32,000. Garde Capital Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $37,000. ST Germain D J Co. Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $41,000. Rossby Financial LCC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $49,000. Finally, Larson Financial Group LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 65.1% during the 1st quarter. Larson Financial Group LLC now owns 964 shares of the consumer goods maker’s stock worth $59,000 after buying an additional 380 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

Wall Street Analyst Weigh In

Separately, BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 30th. Three equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $71.00.

Anheuser-Busch InBev SA/NV Stock Down 1.0%

Anheuser-Busch InBev SA/NV stock opened at $57.94 on Wednesday. The company’s 50 day simple moving average is $63.08 and its 200 day simple moving average is $65.02. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $72.13. The firm has a market capitalization of $104.13 billion, a price-to-earnings ratio of 16.28, a PEG ratio of 1.65 and a beta of 0.79. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. During the same quarter last year, the business posted $0.90 EPS. The firm’s revenue was down 2.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

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.