Abel Hall LLC Makes New $614,000 Investment in Anheuser-Busch InBev SA/NV $BUD

Abel Hall LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) during the first quarter, Holdings Channel reports. The institutional investor purchased 8,848 shares of the consumer goods maker’s stock, valued at approximately $614,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Bogart Wealth LLC lifted its stake in Anheuser-Busch InBev SA/NV by 3,800.0% in the fourth quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock worth $25,000 after acquiring an additional 380 shares during the period. Birchwood Financial Partners Inc. purchased a new position in Anheuser-Busch InBev SA/NV during the 4th quarter valued at about $26,000. GHP Investment Advisors Inc. purchased a new position in Anheuser-Busch InBev SA/NV during the 1st quarter valued at about $32,000. Parkside Financial Bank & Trust raised its holdings in shares of Anheuser-Busch InBev SA/NV by 79.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after purchasing an additional 220 shares in the last quarter. Finally, Leonteq Securities AG bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $48,000. 5.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

BUD has been the topic of a number of recent research reports. Barclays reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 5th. The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, May 7th. UBS Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Finally, Weiss Ratings upgraded Anheuser-Busch InBev SA/NV from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, July 1st. Twelve equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $90.08.

Anheuser-Busch InBev SA/NV Stock Performance

BUD stock opened at $79.37 on Tuesday. Anheuser-Busch InBev SA/NV has a one year low of $56.97 and a one year high of $85.56. The firm has a market cap of $154.81 billion, a price-to-earnings ratio of 21.69, a PEG ratio of 1.36 and a beta of 0.59. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. The firm has a 50-day simple moving average of $80.51 and a two-hundred day simple moving average of $74.61.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share (EPS) for the quarter. The firm had revenue of $15.27 billion for the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 16.34%. On average, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 4.32 EPS 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.