Solitude Financial Services Has $512,000 Stock Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Solitude Financial Services decreased its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 6.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,220 shares of the consumer goods maker’s stock after selling 660 shares during the period. Anheuser-Busch InBev SA/NV accounts for about 0.2% of Solitude Financial Services’ portfolio, making the stock its 26th biggest position. Solitude Financial Services’ holdings in Anheuser-Busch InBev SA/NV were worth $512,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in BUD. Assetmark Inc. grew its holdings in Anheuser-Busch InBev SA/NV by 12.7% in the third quarter. Assetmark Inc. now owns 43,218 shares of the consumer goods maker’s stock worth $2,865,000 after purchasing an additional 4,863 shares during the period. First Personal Financial Services grew its stake in shares of Anheuser-Busch InBev SA/NV by 51.3% in the 3rd quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock valued at $40,000 after buying an additional 205 shares during the period. Tyler Stone Wealth Management increased its position in Anheuser-Busch InBev SA/NV by 100.0% in the 3rd quarter. Tyler Stone Wealth Management now owns 4,200 shares of the consumer goods maker’s stock valued at $278,000 after buying an additional 2,100 shares in the last quarter. Seafarer Capital Partners LLC raised its stake in Anheuser-Busch InBev SA/NV by 11.2% during the 3rd quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker’s stock worth $70,201,000 after buying an additional 107,000 shares during the period. Finally, Ashton Thomas Securities LLC bought a new position in Anheuser-Busch InBev SA/NV in the third quarter worth approximately $26,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of Anheuser-Busch InBev SA/NV stock opened at $63.11 on Monday. The company has a market cap of $113.41 billion, a PE ratio of 19.48, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $67.49. The business has a 50 day moving average price of $51.69 and a 200-day moving average price of $56.78.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The business had revenue of $14.84 billion for the quarter, compared to analysts’ expectations of $14.07 billion. Equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on BUD shares. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. TD Cowen decreased their price target on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research note on Wednesday, January 8th. One analyst has rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $64.00.

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.