Earned Wealth Advisors LLC Invests $216,000 in Anheuser-Busch InBev SA/NV $BUD

Earned Wealth Advisors LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,140 shares of the consumer goods maker’s stock, valued at approximately $216,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Simon Quick Advisors LLC bought a new stake in Anheuser-Busch InBev SA/NV in the second quarter worth approximately $275,000. Assetmark Inc. increased its holdings in Anheuser-Busch InBev SA/NV by 11.5% in the second quarter. Assetmark Inc. now owns 57,358 shares of the consumer goods maker’s stock worth $3,942,000 after purchasing an additional 5,925 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in Anheuser-Busch InBev SA/NV by 889.4% in the second quarter. Hantz Financial Services Inc. now owns 10,329 shares of the consumer goods maker’s stock worth $710,000 after purchasing an additional 9,285 shares in the last quarter. Arkadios Wealth Advisors bought a new stake in Anheuser-Busch InBev SA/NV in the second quarter worth approximately $1,557,000. Finally, Bessemer Group Inc. increased its holdings in Anheuser-Busch InBev SA/NV by 45.6% in the second quarter. Bessemer Group Inc. now owns 1,945 shares of the consumer goods maker’s stock worth $134,000 after purchasing an additional 609 shares in the last quarter. 5.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on BUD shares. Royal Bank Of Canada reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday. Sanford C. Bernstein reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, October 21st. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 18th. The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV has an average rating of “Moderate Buy” and a consensus target price of $71.00.

Anheuser-Busch InBev SA/NV Trading Up 1.5%

Shares of Anheuser-Busch InBev SA/NV stock opened at $60.91 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $72.13. The stock has a 50 day moving average price of $60.28 and a two-hundred day moving average price of $64.64. The stock has a market capitalization of $118.93 billion, a PE ratio of 17.11, a price-to-earnings-growth ratio of 1.75 and a beta of 0.76.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.The firm’s revenue was up .6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.98 earnings per share. As a group, equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

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.