Ameritas Advisory Services LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,516 shares of the consumer goods maker’s stock, valued at approximately $104,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BUD. NBC Securities Inc. purchased a new stake in Anheuser-Busch InBev SA/NV in the 1st quarter valued at about $32,000. Garde Capital Inc. purchased a new stake in Anheuser-Busch InBev SA/NV in the 1st quarter valued at about $37,000. Rossby Financial LCC purchased a new stake in Anheuser-Busch InBev SA/NV in the 1st quarter valued at about $49,000. Reyes Financial Architecture Inc. purchased a new stake in Anheuser-Busch InBev SA/NV in the 2nd quarter valued at about $59,000. Finally, Larson Financial Group LLC grew its holdings in Anheuser-Busch InBev SA/NV by 65.1% in the 1st quarter. Larson Financial Group LLC now owns 964 shares of the consumer goods maker’s stock valued at $59,000 after buying an additional 380 shares during the period. Hedge funds and other institutional investors own 5.53% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have commented on the company. JPMorgan Chase & Co. restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday. Morningstar upgraded Anheuser-Busch InBev SA/NV to a “buy” rating in a report on Thursday, September 18th. Kepler Capital Markets lowered Anheuser-Busch InBev SA/NV to a “hold” rating in a research note on Thursday. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, September 30th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $71.00.
Anheuser-Busch InBev SA/NV Stock Performance
Anheuser-Busch InBev SA/NV stock opened at $59.56 on Friday. The stock’s 50 day moving average price is $60.35 and its 200 day moving average price is $64.63. The firm has a market capitalization of $116.29 billion, a PE ratio of 16.73, a price-to-earnings-growth ratio of 1.71 and a beta of 0.76. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13.
Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, topping the consensus estimate of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.During the same quarter last year, the firm posted $0.90 EPS. The firm’s quarterly revenue was down 2.1% on a year-over-year basis. As a group, sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.
Anheuser-Busch InBev SA/NV Company 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.
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