Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Purchased by Cwm LLC

Cwm LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 12.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,846 shares of the consumer goods maker’s stock after buying an additional 654 shares during the period. Cwm LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $388,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. GPS Wealth Strategies Group LLC raised its position in Anheuser-Busch InBev SA/NV by 50.7% in the second quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock worth $32,000 after acquiring an additional 185 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of Anheuser-Busch InBev SA/NV by 225.0% in the second quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker’s stock valued at $33,000 after purchasing an additional 378 shares during the period. Addison Advisors LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 39.7% during the second quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock worth $34,000 after buying an additional 168 shares in the last quarter. Hantz Financial Services Inc. acquired a new position in Anheuser-Busch InBev SA/NV during the second quarter worth about $35,000. Finally, Valley Wealth Managers Inc. purchased a new position in Anheuser-Busch InBev SA/NV in the second quarter valued at about $38,000. 5.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BUD has been the topic of a number of research reports. Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Monday, September 30th. Barclays raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Wednesday, October 9th. Morgan Stanley lifted their price target on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 10th. TD Cowen cut shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and increased their price objective for the company from $68.00 to $88.00 in a research note on Tuesday, October 8th. Finally, Citigroup upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. Three research analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $79.00.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE:BUD opened at $66.04 on Monday. The company has a market cap of $118.69 billion, a P/E ratio of 27.75, a P/E/G ratio of 1.77 and a beta of 1.10. The firm’s 50 day moving average is $63.43 and its two-hundred day moving average is $61.87. Anheuser-Busch InBev SA/NV has a fifty-two week low of $52.36 and a fifty-two week high of $67.49. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Thursday, August 1st. The consumer goods maker reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 9.89% and a return on equity of 14.77%. The company had revenue of $15.33 billion during the quarter, compared to analyst estimates of $15.21 billion. During the same quarter in the prior year, the business earned $0.72 earnings per share. Analysts expect that Anheuser-Busch InBev SA/NV will post 3.39 EPS for the current year.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. 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.