Cwm LLC Increases Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Cwm LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 12.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,846 shares of the consumer goods maker’s stock after buying an additional 654 shares during the quarter. Cwm LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $388,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of BUD. Addison Advisors LLC raised its holdings in Anheuser-Busch InBev SA/NV by 39.7% in the 2nd quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock valued at $34,000 after acquiring an additional 168 shares during the last quarter. Westside Investment Management Inc. boosted its stake in Anheuser-Busch InBev SA/NV by 15.1% during the second quarter. Westside Investment Management Inc. now owns 1,381 shares of the consumer goods maker’s stock worth $80,000 after buying an additional 181 shares during the last quarter. GPS Wealth Strategies Group LLC grew its holdings in Anheuser-Busch InBev SA/NV by 50.7% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock valued at $32,000 after buying an additional 185 shares in the last quarter. Lake Street Advisors Group LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 1.8% during the 1st quarter. Lake Street Advisors Group LLC now owns 10,268 shares of the consumer goods maker’s stock worth $624,000 after acquiring an additional 186 shares during the period. Finally, CHICAGO TRUST Co NA boosted its position in shares of Anheuser-Busch InBev SA/NV by 1.9% during the 1st quarter. CHICAGO TRUST Co NA now owns 10,579 shares of the consumer goods maker’s stock valued at $643,000 after acquiring an additional 196 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Stock Up 0.9 %

BUD stock opened at $66.04 on Monday. 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’s 50 day moving average price is $63.43 and its 200 day moving average price is $61.87. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The firm has a market capitalization of $118.69 billion, a price-to-earnings ratio of 27.75, a PEG ratio of 1.77 and a beta of 1.10.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Thursday, August 1st. The consumer goods maker reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.06. The firm had revenue of $15.33 billion during the quarter, compared to analysts’ expectations of $15.21 billion. Anheuser-Busch InBev SA/NV had a return on equity of 14.77% and a net margin of 9.89%. During the same quarter in the previous year, the business earned $0.72 earnings per share. On average, equities research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.39 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have commented on BUD shares. Barclays raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research note on Wednesday, October 9th. UBS Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. Morgan Stanley upped their price target on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a research note on Tuesday, September 10th. Finally, Citigroup upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Tuesday, October 1st. Three equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $79.00.

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.