Compass Wealth Management LLC Sells 6,970 Shares of Anheuser-Busch InBev SA/NV $BUD

Compass Wealth Management LLC decreased its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 41.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,809 shares of the consumer goods maker’s stock after selling 6,970 shares during the period. Compass Wealth Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $585,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Huntington National Bank grew its stake in shares of Anheuser-Busch InBev SA/NV by 16.3% during the second quarter. Huntington National Bank now owns 1,387 shares of the consumer goods maker’s stock valued at $95,000 after purchasing an additional 194 shares during the last quarter. Apollon Wealth Management LLC raised its position in Anheuser-Busch InBev SA/NV by 4.2% in the 3rd quarter. Apollon Wealth Management LLC now owns 5,042 shares of the consumer goods maker’s stock worth $301,000 after purchasing an additional 203 shares during the last quarter. Outfitters Financial LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 1.1% during the 3rd quarter. Outfitters Financial LLC now owns 21,310 shares of the consumer goods maker’s stock worth $1,270,000 after buying an additional 240 shares in the last quarter. Westside Investment Management Inc. boosted its position in Anheuser-Busch InBev SA/NV by 51.6% in the 2nd quarter. Westside Investment Management Inc. now owns 758 shares of the consumer goods maker’s stock valued at $52,000 after buying an additional 258 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its stake in shares of Anheuser-Busch InBev SA/NV by 1.3% in the 3rd quarter. Arkadios Wealth Advisors now owns 22,957 shares of the consumer goods maker’s stock valued at $1,368,000 after buying an additional 297 shares during the period. Institutional investors own 5.53% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. The Goldman Sachs Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 13th. Wells Fargo & Company raised their target price on shares of Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, February 16th. UBS Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, February 12th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $81.00.

Anheuser-Busch InBev SA/NV Trading Down 0.4%

BUD opened at $78.45 on Friday. The firm’s fifty day moving average is $69.62 and its two-hundred day moving average is $64.07. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.48 and a current ratio of 0.72. The firm has a market cap of $153.19 billion, a PE ratio of 22.81, a price-to-earnings-growth ratio of 1.34 and a beta of 0.55. Anheuser-Busch InBev SA/NV has a twelve month low of $53.52 and a twelve month high of $81.56.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. The company had revenue of $15.56 billion during the quarter, compared to analyst estimates of $15.48 billion. During the same quarter in the previous year, the business earned $0.88 EPS. The firm’s revenue was up 6.2% on a year-over-year basis. Equities research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.