Retirement Guys Formula LLC boosted its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) by 32.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,098 shares of the consumer goods maker's stock after acquiring an additional 1,727 shares during the period. Retirement Guys Formula LLC's holdings in Anheuser-Busch InBev SA/NV were worth $321,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. CAPROCK Group Inc. grew its holdings in shares of Anheuser-Busch InBev SA/NV by 2.2% in the second quarter. CAPROCK Group Inc. now owns 8,993 shares of the consumer goods maker's stock valued at $485,000 after purchasing an additional 192 shares in the last quarter. Keystone Financial Group grew its holdings in Anheuser-Busch InBev SA/NV by 2.3% during the 2nd quarter. Keystone Financial Group now owns 9,054 shares of the consumer goods maker's stock worth $488,000 after acquiring an additional 200 shares in the last quarter. Tyler Stone Wealth Management grew its holdings in Anheuser-Busch InBev SA/NV by 7.1% during the 2nd quarter. Tyler Stone Wealth Management now owns 3,000 shares of the consumer goods maker's stock worth $162,000 after acquiring an additional 200 shares in the last quarter. MUFG Americas Holdings Corp grew its holdings in Anheuser-Busch InBev SA/NV by 6.1% during the 3rd quarter. MUFG Americas Holdings Corp now owns 3,527 shares of the consumer goods maker's stock worth $159,000 after acquiring an additional 202 shares in the last quarter. Finally, CWM LLC grew its holdings in Anheuser-Busch InBev SA/NV by 5.9% during the 2nd quarter. CWM LLC now owns 3,657 shares of the consumer goods maker's stock worth $197,000 after acquiring an additional 205 shares in the last quarter. Hedge funds and other institutional investors own 5.53% of the company's stock.
Get Anheuser-Busch InBev SA/NV alerts:Analyst Ratings Changes
Several research analysts have recently issued reports on BUD shares. Jefferies Financial Group cut shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating and lowered their target price for the company from $68.00 to $54.00 in a report on Monday, September 26th. StockNews.com cut shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Friday, November 11th. Royal Bank of Canada increased their price objective on shares of Anheuser-Busch InBev SA/NV from €64.00 ($69.57) to €70.00 ($76.09) in a research note on Wednesday, October 5th. Barclays cut their price objective on shares of Anheuser-Busch InBev SA/NV from €78.00 ($84.78) to €74.00 ($80.43) and set an "overweight" rating on the stock in a report on Monday, October 10th. Finally, UBS Group lowered shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "sell" rating in a report on Thursday, January 12th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $64.70.
Anheuser-Busch InBev SA/NV Stock Performance
Anheuser-Busch InBev SA/NV stock opened at $61.17 on Tuesday. The company has a market cap of $121.12 billion, a PE ratio of 24.08, a P/E/G ratio of 2.05 and a beta of 1.23. The company has a fifty day moving average price of $58.63 and a two-hundred day moving average price of $53.42. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.67 and a quick ratio of 0.47. Anheuser-Busch InBev SA/NV has a 12 month low of $44.51 and a 12 month high of $67.91.Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) last released its quarterly earnings data on Thursday, October 27th. The consumer goods maker reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.78 by $0.03. The firm had revenue of $15.09 billion during the quarter, compared to the consensus estimate of $15.12 billion. Anheuser-Busch InBev SA/NV had a net margin of 8.88% and a return on equity of 15.51%. Research analysts expect that Anheuser-Busch InBev SA/NV will post 3.05 earnings per share for the current year.
Anheuser-Busch InBev SA/NV Profile
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Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.
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