First Trust Advisors LP Raises Stake in Anheuser-Busch InBev SA/NV $BUD

First Trust Advisors LP boosted its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 535.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 653,616 shares of the consumer goods maker’s stock after acquiring an additional 550,774 shares during the period. First Trust Advisors LP’s holdings in Anheuser-Busch InBev SA/NV were worth $38,962,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Apollon Wealth Management LLC raised its holdings in shares of 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 valued at $301,000 after purchasing an additional 203 shares in the last quarter. Outfitters Financial LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 1.1% during the third quarter. Outfitters Financial LLC now owns 21,310 shares of the consumer goods maker’s stock worth $1,270,000 after purchasing an additional 240 shares in the last quarter. Personal CFO Solutions LLC increased its holdings in Anheuser-Busch InBev SA/NV by 3.9% in the third quarter. Personal CFO Solutions LLC now owns 7,092 shares of the consumer goods maker’s stock valued at $423,000 after buying an additional 265 shares during the last quarter. Arkadios Wealth Advisors increased its holdings in Anheuser-Busch InBev SA/NV by 1.3% in the third 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 last quarter. Finally, Rexford Capital Inc. raised its stake in Anheuser-Busch InBev SA/NV by 37.8% in the third quarter. Rexford Capital Inc. now owns 1,094 shares of the consumer goods maker’s stock valued at $65,000 after buying an additional 300 shares in the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $71.98 on Friday. The company has a fifty day moving average of $73.00 and a two-hundred day moving average of $65.50. The company has a market capitalization of $140.39 billion, a PE ratio of 20.92, a P/E/G ratio of 1.23 and a beta of 0.54. Anheuser-Busch InBev SA/NV has a 1 year low of $56.97 and a 1 year high of $81.56. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57.

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

Analyst Ratings Changes

BUD has been the subject of several analyst reports. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, February 12th. The Goldman Sachs Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 13th. Barclays restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, February 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, February 16th. Finally, SBG Securities lowered shares of Anheuser-Busch InBev SA/NV to a “hold” rating in a research note on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $81.00.

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.