Anheuser-Busch InBev SA/NV $BUD Shares Acquired by Harbour Investments Inc.

Harbour Investments Inc. grew its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 119.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,773 shares of the consumer goods maker’s stock after purchasing an additional 1,511 shares during the quarter. Harbour Investments Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $191,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. ABC Arbitrage SA acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at $1,731,000. Sequoia Financial Advisors LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 224.7% in the 1st quarter. Sequoia Financial Advisors LLC now owns 25,254 shares of the consumer goods maker’s stock valued at $1,555,000 after buying an additional 17,476 shares during the last quarter. Vident Advisory LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at $310,000. Pinnacle Financial Partners Inc purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at $2,341,000. Finally, Penserra Capital Management LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 24.7% in the 1st quarter. Penserra Capital Management LLC now owns 2,553 shares of the consumer goods maker’s stock valued at $157,000 after buying an additional 506 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Trading Down 0.1%

NYSE BUD opened at $61.80 on Thursday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64. The firm has a market cap of $120.66 billion, a PE ratio of 17.36, a P/E/G ratio of 1.76 and a beta of 0.76. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13. The firm’s fifty day moving average is $60.42 and its two-hundred day moving average is $64.59.

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

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday. Kepler Capital Markets downgraded shares of Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. Berenberg Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 18th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, October 8th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.00.

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.