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:BUD) 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:BUD) 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.

Anheuser-Busch InBev SA/NV Profile

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.