GFS Advisors LLC Sells 76,310 Shares of Anheuser-Busch InBev SA/NV $BUD

GFS Advisors LLC decreased its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 79.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,305 shares of the consumer goods maker’s stock after selling 76,310 shares during the quarter. GFS Advisors LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,395,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in BUD. NBC Securities Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at approximately $32,000. Garde Capital Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at approximately $37,000. Rossby Financial LCC bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at approximately $49,000. Larson Financial Group LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 65.1% in the 1st quarter. Larson Financial Group LLC now owns 964 shares of the consumer goods maker’s stock valued at $59,000 after buying an additional 380 shares in the last quarter. Finally, Reyes Financial Architecture Inc. acquired a new stake in Anheuser-Busch InBev SA/NV in the 2nd quarter worth approximately $59,000. Institutional investors own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. UBS Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, September 30th. Jefferies Financial Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday. Kepler Capital Markets lowered Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a report on Thursday. Weiss Ratings restated a “hold (c-)” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday. Finally, Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Anheuser-Busch InBev SA/NV presently has an average rating of “Moderate Buy” and an average target price of $71.00.

Anheuser-Busch InBev SA/NV Stock Up 0.6%

Shares of BUD stock opened at $59.56 on Friday. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $72.13. The firm has a market cap of $116.29 billion, a PE ratio of 16.73, a price-to-earnings-growth ratio of 1.72 and a beta of 0.76. The stock has a 50 day moving average of $60.35 and a 200-day moving average of $64.65. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.During the same quarter last year, the firm earned $0.90 earnings per share. The company’s quarterly revenue was down 2.1% compared to the same quarter last year. On average, equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

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.