Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Personal CFO Solutions LLC

Personal CFO Solutions LLC trimmed its stake in Anheuser-Busch InBev SA/NV (NYSE:BUDFree Report) by 29.8% in the second quarter, HoldingsChannel.com reports. The fund owned 4,607 shares of the consumer goods maker’s stock after selling 1,957 shares during the quarter. Personal CFO Solutions LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $261,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in BUD. BOKF NA acquired a new position in Anheuser-Busch InBev SA/NV in the first quarter valued at $25,000. Clearstead Advisors LLC acquired a new position in Anheuser-Busch InBev SA/NV in the first quarter valued at $32,000. Wellington Shields Capital Management LLC acquired a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at $41,000. Fortis Capital Advisors LLC acquired a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at $41,000. Finally, Global Retirement Partners LLC grew its position in Anheuser-Busch InBev SA/NV by 18.5% during the second quarter. Global Retirement Partners LLC now owns 1,116 shares of the consumer goods maker’s stock valued at $63,000 after acquiring an additional 174 shares during the period. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE BUD opened at $61.82 on Tuesday. Anheuser-Busch InBev SA/NV has a 1-year low of $51.66 and a 1-year high of $67.09. The business has a 50-day moving average of $55.96 and a 200-day moving average of $56.78. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.64 and a quick ratio of 0.43. The company has a market capitalization of $107.39 billion, a price-to-earnings ratio of 19.81, a PEG ratio of 1.88 and a beta of 1.20.

Anheuser-Busch InBev SA/NV (NYSE:BUDGet Free Report) last issued its earnings results on Wednesday, November 1st. The consumer goods maker reported $0.86 earnings per share for the quarter, hitting the consensus estimate of $0.86. Anheuser-Busch InBev SA/NV had a return on equity of 14.94% and a net margin of 10.56%. The company had revenue of $15.57 billion during the quarter, compared to the consensus estimate of $15.72 billion. During the same quarter in the prior year, the business earned $0.81 earnings per share. The company’s revenue was up 3.2% compared to the same quarter last year. On average, equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.04 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. HSBC raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. StockNews.com assumed coverage on Anheuser-Busch InBev SA/NV in a research report on Thursday, October 5th. They set a “hold” rating for the company. Bank of America raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Friday, September 29th. Finally, TD Cowen initiated coverage on Anheuser-Busch InBev SA/NV in a research report on Friday, September 15th. They set an “outperform” rating for the company. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $69.50.

View Our Latest Report on BUD

Anheuser-Busch InBev SA/NV Profile

(Free Report)

Anheuser-Busch InBev SA/NV produces, distributes, 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.

See Also

Want to see what other hedge funds are holding BUD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anheuser-Busch InBev SA/NV (NYSE:BUDFree Report).

Institutional Ownership by Quarter for Anheuser-Busch InBev SA/NV (NYSE:BUD)

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