Ameritas Advisory Services LLC Invests $104,000 in Anheuser-Busch InBev SA/NV $BUD

Ameritas Advisory Services LLC acquired a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,516 shares of the consumer goods maker’s stock, valued at approximately $104,000.

Other institutional investors have also modified their holdings of the company. NBC Securities Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the first quarter valued at $32,000. Garde Capital Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the first quarter valued at $37,000. Rossby Financial LCC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the first quarter valued at $49,000. Larson Financial Group LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 65.1% during the first quarter. Larson Financial Group LLC now owns 964 shares of the consumer goods maker’s stock valued at $59,000 after purchasing an additional 380 shares during the last quarter. Finally, Reyes Financial Architecture Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the second quarter valued at $59,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock opened at $59.56 on Friday. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48. The company has a market capitalization of $116.29 billion, a PE ratio of 16.73, a price-to-earnings-growth ratio of 1.71 and a beta of 0.76. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13. The business has a 50 day simple moving average of $60.35 and a 200 day simple moving average of $64.63.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, topping the consensus estimate of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.Anheuser-Busch InBev SA/NV’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.90 earnings per share. On average, sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Analysts Set New Price Targets

BUD has been the subject of several analyst reports. Berenberg Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 18th. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, September 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, September 30th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $71.00.

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.