Caldwell Trust Co acquired a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 12,811 shares of the consumer goods maker’s stock, valued at approximately $889,000.
Other institutional investors have also bought and sold shares of the company. Bogart Wealth LLC increased its stake in Anheuser-Busch InBev SA/NV by 3,800.0% during the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after buying an additional 380 shares during the period. Birchwood Financial Partners Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $26,000. GHP Investment Advisors Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter worth approximately $32,000. Parkside Financial Bank & Trust boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 79.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after acquiring an additional 220 shares in the last quarter. Finally, Leonteq Securities AG bought a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $48,000. Institutional investors and hedge funds own 5.53% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts recently commented on the company. SBG Securities cut Anheuser-Busch InBev SA/NV to a “hold” rating in a report on Monday, March 2nd. JPMorgan Chase & Co. increased their price target on Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reiterated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, May 6th. Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 19th. Finally, Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, June 5th. Eleven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $91.94.
Anheuser-Busch InBev SA/NV Stock Up 0.1%
NYSE BUD opened at $85.19 on Monday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57. The company’s 50 day simple moving average is $79.75 and its 200 day simple moving average is $73.95. Anheuser-Busch InBev SA/NV has a 12 month low of $56.97 and a 12 month high of $85.56. The company has a market capitalization of $166.15 billion, a P/E ratio of 23.27, a PEG ratio of 1.38 and a beta of 0.59.
Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report) last issued its earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share for the quarter. The firm had revenue of $15.27 billion during the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 16.34%. Equities research analysts expect that Anheuser-Busch InBev SA/NV will post 4.32 earnings per share for the current fiscal year.
Anheuser-Busch InBev SA/NV Company 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.
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