SYSTM Wealth Solutions LLC Has $117,000 Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

SYSTM Wealth Solutions LLC decreased its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 33.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,019 shares of the consumer goods maker’s stock after selling 997 shares during the period. SYSTM Wealth Solutions LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $117,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of BUD. Capital International Investors lifted its stake in shares of Anheuser-Busch InBev SA/NV by 0.9% in the 4th quarter. Capital International Investors now owns 2,124,860 shares of the consumer goods maker’s stock valued at $137,447,000 after purchasing an additional 18,280 shares during the period. Janney Montgomery Scott LLC lifted its stake in Anheuser-Busch InBev SA/NV by 1.1% in the first quarter. Janney Montgomery Scott LLC now owns 31,386 shares of the consumer goods maker’s stock valued at $1,908,000 after buying an additional 354 shares during the period. Perpetual Ltd boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 13.7% during the 1st quarter. Perpetual Ltd now owns 127,155 shares of the consumer goods maker’s stock worth $7,736,000 after buying an additional 15,364 shares in the last quarter. OLD Mission Capital LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $4,046,000. Finally, Cetera Investment Advisers increased its stake in shares of Anheuser-Busch InBev SA/NV by 287.8% in the 1st quarter. Cetera Investment Advisers now owns 65,183 shares of the consumer goods maker’s stock valued at $3,962,000 after acquiring an additional 48,376 shares in the last quarter. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD stock opened at $63.81 on Friday. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The firm has a fifty day simple moving average of $61.62 and a two-hundred day simple moving average of $61.25. Anheuser-Busch InBev SA/NV has a 12 month low of $51.66 and a 12 month high of $67.49. The firm has a market capitalization of $114.68 billion, a PE ratio of 26.81, a price-to-earnings-growth ratio of 1.81 and a beta of 1.09.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Thursday, August 1st. The consumer goods maker reported $0.90 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 the consensus estimate of $15.21 billion. During the same period in the previous year, the firm posted $0.72 earnings per share. Analysts forecast that Anheuser-Busch InBev SA/NV will post 3.41 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BUD. Morgan Stanley increased their target price on shares of 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. UBS Group raised shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, Anheuser-Busch InBev SA/NV presently has an average rating of “Moderate Buy” and an average target price of $73.25.

Anheuser-Busch InBev SA/NV 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.