ARQ Wealth Advisors LLC Purchases New Shares in Anheuser-Busch InBev SA/NV $BUD

ARQ Wealth Advisors LLC purchased a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,060 shares of the consumer goods maker’s stock, valued at approximately $540,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Salomon & Ludwin LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 494.7% during the 3rd quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock valued at $27,000 after buying an additional 371 shares in the last quarter. Mather Group LLC. bought a new position in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter worth about $34,000. Elevation Point Wealth Partners LLC purchased a new position in Anheuser-Busch InBev SA/NV during the 2nd quarter valued at about $35,000. Paradigm Asset Management Co. LLC purchased a new position in Anheuser-Busch InBev SA/NV during the 3rd quarter valued at about $53,000. Finally, Rexford Capital Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the second quarter worth about $55,000. Institutional investors own 5.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on BUD shares. SBG Securities cut shares of Anheuser-Busch InBev SA/NV to a “hold” rating in a report on Monday, March 2nd. Wells Fargo & Company lifted 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 report on Monday, February 9th. The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 13th. DZ Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, February 20th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $81.00.

Anheuser-Busch InBev SA/NV Trading Down 0.6%

Shares of Anheuser-Busch InBev SA/NV stock opened at $72.50 on Wednesday. The stock has a market cap of $141.42 billion, a PE ratio of 21.08, a price-to-earnings-growth ratio of 1.23 and a beta of 0.54. The firm has a fifty day moving average price of $73.54 and a 200 day moving average price of $65.75. 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 quarterly earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 EPS for the quarter, beating the consensus estimate of $0.91 by $0.04. The company had revenue of $15.56 billion for the quarter, compared to analyst estimates of $15.48 billion. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. The firm’s revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.88 earnings per share. Equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Profile

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.