Anheuser-Busch InBev SA/NV $BUD Shares Purchased by Naviter Wealth LLC

Naviter Wealth LLC increased its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 8.3% in the second quarter, HoldingsChannel.com reports. The firm owned 19,941 shares of the consumer goods maker’s stock after acquiring an additional 1,534 shares during the quarter. Naviter Wealth LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,370,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Dodge & Cox grew its stake in shares of Anheuser-Busch InBev SA/NV by 2.8% during the first quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker’s stock worth $2,531,109,000 after purchasing an additional 1,119,308 shares in the last quarter. Hotchkis & Wiley Capital Management LLC boosted its stake in Anheuser-Busch InBev SA/NV by 7.3% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 2,790,240 shares of the consumer goods maker’s stock valued at $171,767,000 after acquiring an additional 190,830 shares in the last quarter. Clarkston Capital Partners LLC boosted its stake in Anheuser-Busch InBev SA/NV by 0.3% in the first quarter. Clarkston Capital Partners LLC now owns 1,498,297 shares of the consumer goods maker’s stock valued at $92,235,000 after acquiring an additional 4,455 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Anheuser-Busch InBev SA/NV by 25.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock valued at $81,151,000 after acquiring an additional 265,783 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in Anheuser-Busch InBev SA/NV by 14.0% in the first quarter. Northern Trust Corp now owns 967,550 shares of the consumer goods maker’s stock valued at $59,562,000 after acquiring an additional 118,775 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on BUD shares. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 10th. The Goldman Sachs Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 25th. Weiss Ratings restated a “hold (c-)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, September 30th. Finally, Kepler Capital Markets cut shares of Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $71.00.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE:BUD opened at $60.21 on Wednesday. The company has a 50-day simple moving average of $60.38 and a 200-day simple moving average of $64.62. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13. 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 stock has a market capitalization of $117.56 billion, a price-to-earnings ratio of 16.91, a PEG ratio of 1.72 and a beta of 0.76.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results 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 firm’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.90 earnings per share. On average, 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.