Earned Wealth Advisors LLC Buys New Position in Anheuser-Busch InBev SA/NV $BUD

Earned Wealth Advisors LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 3,140 shares of the consumer goods maker’s stock, valued at approximately $216,000.

Several other hedge funds also recently modified their holdings of the stock. Sage Rhino Capital LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 5.1% during the second quarter. Sage Rhino Capital LLC now owns 3,477 shares of the consumer goods maker’s stock valued at $239,000 after buying an additional 170 shares during the last quarter. Vontobel Holding Ltd. lifted its holdings in Anheuser-Busch InBev SA/NV by 2.3% during the first quarter. Vontobel Holding Ltd. now owns 7,678 shares of the consumer goods maker’s stock worth $473,000 after acquiring an additional 174 shares during the period. Crossmark Global Holdings Inc. lifted its holdings in Anheuser-Busch InBev SA/NV by 1.1% during the first quarter. Crossmark Global Holdings Inc. now owns 16,991 shares of the consumer goods maker’s stock worth $1,046,000 after acquiring an additional 179 shares during the period. UMB Bank n.a. lifted its holdings in Anheuser-Busch InBev SA/NV by 14.4% during the second quarter. UMB Bank n.a. now owns 1,719 shares of the consumer goods maker’s stock worth $118,000 after acquiring an additional 217 shares during the period. Finally, 1832 Asset Management L.P. lifted its holdings in Anheuser-Busch InBev SA/NV by 3.5% during the first quarter. 1832 Asset Management L.P. now owns 7,131 shares of the consumer goods maker’s stock worth $439,000 after acquiring an additional 241 shares during the period. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 18th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday. UBS Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday. Royal Bank Of Canada reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV has a consensus rating of “Moderate Buy” and an average price target of $71.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD opened at $60.91 on Friday. The firm has a market cap of $118.93 billion, a PE ratio of 17.11, a PEG ratio of 1.75 and a beta of 0.76. The stock’s fifty day moving average price is $60.28 and its two-hundred day moving average price is $64.64. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.The business’s quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the firm earned $0.98 EPS. On average, equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

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.