Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by SVB Wealth LLC

SVB Wealth LLC lessened its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 11.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,377 shares of the consumer goods maker’s stock after selling 434 shares during the period. SVB Wealth LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $205,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BUD. Naples Money Management LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth $30,000. Russell Investments Group Ltd. lifted its position in shares of Anheuser-Busch InBev SA/NV by 116.5% during the 4th quarter. Russell Investments Group Ltd. now owns 643 shares of the consumer goods maker’s stock worth $42,000 after purchasing an additional 346 shares during the last quarter. ICA Group Wealth Management LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth $57,000. Janiczek Wealth Management LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 111.0% during the 4th quarter. Janiczek Wealth Management LLC now owns 882 shares of the consumer goods maker’s stock worth $57,000 after purchasing an additional 464 shares during the last quarter. Finally, Montag A & Associates Inc. lifted its position in shares of Anheuser-Busch InBev SA/NV by 661.2% during the 4th quarter. Montag A & Associates Inc. now owns 921 shares of the consumer goods maker’s stock worth $60,000 after purchasing an additional 800 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Down 0.8 %

NYSE BUD opened at $59.58 on Wednesday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.48 and a current ratio of 0.63. The firm has a market cap of $107.08 billion, a PE ratio of 25.03, a P/E/G ratio of 1.67 and a beta of 1.10. Anheuser-Busch InBev SA/NV has a one year low of $51.66 and a one year high of $67.49. The firm’s fifty day moving average is $60.94 and its two-hundred day moving average is $61.48.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Wednesday, May 8th. The consumer goods maker reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 8.03% and a return on equity of 14.01%. The company had revenue of $14.55 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same period in the previous year, the business posted $0.65 earnings per share. Anheuser-Busch InBev SA/NV’s quarterly revenue was up 2.3% on a year-over-year basis. Analysts expect that Anheuser-Busch InBev SA/NV will post 3.35 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on BUD shares. Morgan Stanley reduced their price target on shares of Anheuser-Busch InBev SA/NV from $70.00 to $68.50 and set an “overweight” rating for the company in a research report on Tuesday, July 2nd. UBS Group raised shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Moderate Buy” and an average price target of $72.13.

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.