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

Compass Wealth Management LLC trimmed its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 41.5% in the third quarter, Holdings Channel.com reports. The firm owned 9,809 shares of the consumer goods maker’s stock after selling 6,970 shares during the quarter. Compass Wealth Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $585,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of BUD. Huntington National Bank lifted its stake in Anheuser-Busch InBev SA/NV by 16.3% in the second quarter. Huntington National Bank now owns 1,387 shares of the consumer goods maker’s stock valued at $95,000 after buying an additional 194 shares in the last quarter. Apollon Wealth Management LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 4.2% during the third quarter. Apollon Wealth Management LLC now owns 5,042 shares of the consumer goods maker’s stock worth $301,000 after acquiring an additional 203 shares during the period. Outfitters Financial LLC lifted its position in Anheuser-Busch InBev SA/NV by 1.1% in the 3rd quarter. Outfitters Financial LLC now owns 21,310 shares of the consumer goods maker’s stock valued at $1,270,000 after acquiring an additional 240 shares in the last quarter. Westside Investment Management Inc. boosted its stake 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 worth $52,000 after purchasing an additional 258 shares during the period. Finally, Arkadios Wealth Advisors boosted its stake in 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 worth $1,368,000 after purchasing an additional 297 shares during the period. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have issued reports on BUD. Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, February 12th. Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, February 16th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 26th. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, February 12th. Finally, DZ Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $81.00.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD opened at $78.45 on Friday. The company has a current ratio of 0.72, a quick ratio of 0.48 and a debt-to-equity ratio of 0.74. The company’s fifty day simple moving average is $69.62 and its 200 day simple moving average is $64.07. Anheuser-Busch InBev SA/NV has a 1-year low of $53.52 and a 1-year high of $81.56. The company has a market cap of $153.19 billion, a price-to-earnings ratio of 22.81, a PEG ratio of 1.34 and a beta of 0.55.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 EPS 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 during the quarter, compared to analysts’ expectations of $15.48 billion. During the same quarter last year, the company posted $0.88 earnings per share. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. On average, research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal 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.