Accredited Wealth Management LLC Buys 7,674 Shares of Anheuser-Busch InBev SA/NV $BUD

Accredited Wealth Management LLC lifted its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 1,967.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,064 shares of the consumer goods maker’s stock after purchasing an additional 7,674 shares during the period. Accredited Wealth Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $481,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Salomon & Ludwin LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 494.7% in the 3rd quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock worth $27,000 after buying an additional 371 shares during the period. Legacy Investment Solutions LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the second quarter valued at $28,000. Mather Group LLC. bought a new stake in shares of Anheuser-Busch InBev SA/NV in the third quarter valued at about $34,000. Elevation Point Wealth Partners LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the second quarter worth about $35,000. Finally, NewSquare Capital LLC lifted its stake in Anheuser-Busch InBev SA/NV by 602.7% in the second quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker’s stock worth $36,000 after acquiring an additional 452 shares during the period. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BUD has been the subject of several recent research reports. JPMorgan Chase & Co. restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 6th. Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, November 26th. UBS Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday. DZ Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 20th. Finally, Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, February 16th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $81.00.

Anheuser-Busch InBev SA/NV Trading Up 1.9%

Shares of Anheuser-Busch InBev SA/NV stock opened at $80.97 on Friday. The firm’s 50 day simple moving average is $71.13 and its two-hundred day simple moving average is $64.73. The firm has a market capitalization of $157.93 billion, a price-to-earnings ratio of 23.54, a PEG ratio of 1.35 and a beta of 0.55. Anheuser-Busch InBev SA/NV has a 12-month low of $56.97 and a 12-month high of $81.56. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $15.56 billion for the quarter, compared to analyst estimates of $15.48 billion. During the same period in the previous year, the company earned $0.88 earnings per share. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. Analysts predict 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.