Hantz Financial Services Inc. Purchases 28,386 Shares of Anheuser-Busch InBev SA/NV $BUD

Hantz Financial Services Inc. lifted its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 160.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,132 shares of the consumer goods maker’s stock after buying an additional 28,386 shares during the quarter. Hantz Financial Services Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $2,954,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of BUD. MQS Management LLC raised its holdings in Anheuser-Busch InBev SA/NV by 51.2% during the 4th quarter. MQS Management LLC now owns 5,389 shares of the consumer goods maker’s stock valued at $345,000 after acquiring an additional 1,826 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Anheuser-Busch InBev SA/NV by 14.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,954 shares of the consumer goods maker’s stock valued at $189,000 after acquiring an additional 380 shares during the period. Principle Wealth Partners LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at $201,000. Global Retirement Partners LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 210.6% during the 4th quarter. Global Retirement Partners LLC now owns 5,904 shares of the consumer goods maker’s stock valued at $378,000 after purchasing an additional 4,003 shares during the period. Finally, Leonteq Securities AG bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at $48,000. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Trading Down 1.2%

Anheuser-Busch InBev SA/NV stock opened at $82.47 on Wednesday. The stock has a market cap of $160.86 billion, a P/E ratio of 22.53, a PEG ratio of 1.37 and a beta of 0.57. 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’s fifty day moving average price is $75.11 and its 200-day moving average price is $70.85. Anheuser-Busch InBev SA/NV has a fifty-two week low of $56.97 and a fifty-two week high of $83.71.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share for the quarter. The business had revenue of $15.27 billion for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 12.26% and a net margin of 11.90%. Equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 4.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on BUD. UBS Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, May 6th. DZ Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, May 21st. SBG Securities cut Anheuser-Busch InBev SA/NV to a “hold” rating in a research report on Monday, March 2nd. Wells Fargo & Company upped their target price on shares of Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Finally, Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $93.42.

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.