Financial Architects Inc Sells 836 Shares of Anheuser Busch Inbev NV (NYSE:BUD)

Financial Architects Inc trimmed its holdings in shares of Anheuser Busch Inbev NV (NYSE:BUD) by 58.0% in the 3rd quarter, Holdings Channel reports. The firm owned 606 shares of the consumer goods maker’s stock after selling 836 shares during the quarter. Financial Architects Inc’s holdings in Anheuser Busch Inbev were worth $58,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Selective Wealth Management Inc. bought a new stake in shares of Anheuser Busch Inbev during the third quarter worth $28,000. Usca Ria LLC bought a new stake in shares of Anheuser Busch Inbev during the third quarter worth $36,000. Contravisory Investment Management Inc. bought a new stake in shares of Anheuser Busch Inbev during the third quarter worth $56,000. Lenox Wealth Management Inc. lifted its position in shares of Anheuser Busch Inbev by 166.3% during the third quarter. Lenox Wealth Management Inc. now owns 671 shares of the consumer goods maker’s stock worth $63,000 after purchasing an additional 419 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its position in shares of Anheuser Busch Inbev by 73.3% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 676 shares of the consumer goods maker’s stock worth $65,000 after purchasing an additional 286 shares during the last quarter. Institutional investors and hedge funds own 4.54% of the company’s stock.

Several analysts recently weighed in on BUD shares. Zacks Investment Research downgraded Anheuser Busch Inbev from a “buy” rating to a “hold” rating and set a $99.00 price objective for the company. in a report on Monday, September 2nd. Bank of America upgraded Anheuser Busch Inbev from a “neutral” rating to a “buy” rating in a report on Monday, July 29th. They noted that the move was a valuation call. ValuEngine downgraded Anheuser Busch Inbev from a “sell” rating to a “strong sell” rating in a report on Friday, November 8th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $79.00 price objective (down from $94.00) on shares of Anheuser Busch Inbev in a report on Thursday, November 7th. Finally, Macquarie restated a “neutral” rating on shares of Anheuser Busch Inbev in a report on Monday, October 28th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. Anheuser Busch Inbev currently has a consensus rating of “Hold” and a consensus target price of $89.08.

Shares of BUD stock traded up $0.54 on Friday, hitting $79.65. The stock had a trading volume of 734,507 shares, compared to its average volume of 1,592,819. The company has a quick ratio of 0.41, a current ratio of 0.54 and a debt-to-equity ratio of 1.30. The business has a 50 day moving average price of $87.37 and a 200 day moving average price of $89.94. The company has a market cap of $129.47 billion, a PE ratio of 23.15, a P/E/G ratio of 2.12 and a beta of 1.16. Anheuser Busch Inbev NV has a one year low of $64.54 and a one year high of $102.70.

Anheuser Busch Inbev (NYSE:BUD) last released its quarterly earnings data on Friday, October 25th. The consumer goods maker reported $1.22 earnings per share for the quarter, missing the consensus estimate of $1.36 by ($0.14). The firm had revenue of $13.17 billion during the quarter, compared to the consensus estimate of $13.78 billion. Anheuser Busch Inbev had a net margin of 17.63% and a return on equity of 23.92%. The business’s revenue was down .8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.82 earnings per share. Equities research analysts expect that Anheuser Busch Inbev NV will post 4.43 EPS for the current year.

Anheuser Busch Inbev Profile

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks. The company offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Cristal, Harbin, Jupiler, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol.

See Also: Why do companies engage in swaps?

Want to see what other hedge funds are holding BUD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anheuser Busch Inbev NV (NYSE:BUD).

Institutional Ownership by Quarter for Anheuser Busch Inbev (NYSE:BUD)

Receive News & Ratings for Anheuser Busch Inbev Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser Busch Inbev and related companies with MarketBeat.com's FREE daily email newsletter.