Aaron Wealth Advisors LLC Purchases 625 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Aaron Wealth Advisors LLC increased its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 7.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,972 shares of the consumer goods maker’s stock after purchasing an additional 625 shares during the period. Aaron Wealth Advisors LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $595,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Blue Trust Inc. boosted its position in shares of Anheuser-Busch InBev SA/NV by 225.0% during the second quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker’s stock worth $33,000 after acquiring an additional 378 shares during the last quarter. GPS Wealth Strategies Group LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 50.7% during the second quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock valued at $32,000 after purchasing an additional 185 shares in the last quarter. Addison Advisors LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 39.7% in the second quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock worth $34,000 after buying an additional 168 shares in the last quarter. Hantz Financial Services Inc. bought a new position in Anheuser-Busch InBev SA/NV during the second quarter valued at approximately $35,000. Finally, Mather Group LLC. grew its holdings in Anheuser-Busch InBev SA/NV by 96.6% during the 3rd quarter. Mather Group LLC. now owns 643 shares of the consumer goods maker’s stock valued at $43,000 after buying an additional 316 shares in the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Up 0.8 %

Shares of BUD opened at $66.02 on Friday. The firm has a fifty day moving average price of $63.43 and a 200-day moving average price of $61.85. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The firm has a market capitalization of $118.65 billion, a P/E ratio of 27.74, a P/E/G ratio of 1.77 and a beta of 1.10. Anheuser-Busch InBev SA/NV has a 12-month low of $52.36 and a 12-month high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Thursday, August 1st. The consumer goods maker reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.06. The company had revenue of $15.33 billion during the quarter, compared to analysts’ expectations of $15.21 billion. Anheuser-Busch InBev SA/NV had a net margin of 9.89% and a return on equity of 14.77%. During the same period in the previous year, the company earned $0.72 EPS. Equities research analysts expect that Anheuser-Busch InBev SA/NV will post 3.39 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on BUD. Morgan Stanley increased their target price on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a research report on Tuesday, September 10th. UBS Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. Citigroup upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Monday, September 30th. Finally, Barclays upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. Three analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $79.00.

About Anheuser-Busch InBev SA/NV

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.