Anheuser Busch Inbev NV (NYSE:BUD) Shares Bought by Profund Advisors LLC

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Profund Advisors LLC raised its position in Anheuser Busch Inbev NV (NYSE:BUD) by 1.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,532 shares of the consumer goods maker’s stock after purchasing an additional 231 shares during the quarter. Profund Advisors LLC’s holdings in Anheuser Busch Inbev were worth $1,463,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in BUD. Strategy Asset Managers LLC acquired a new position in shares of Anheuser Busch Inbev during the first quarter valued at approximately $28,000. Alera Investment Advisors LLC boosted its holdings in Anheuser Busch Inbev by 114.9% during the first quarter. Alera Investment Advisors LLC now owns 346 shares of the consumer goods maker’s stock worth $29,000 after buying an additional 185 shares in the last quarter. Global Retirement Partners LLC boosted its holdings in Anheuser Busch Inbev by 35.9% during the first quarter. Global Retirement Partners LLC now owns 613 shares of the consumer goods maker’s stock worth $51,000 after buying an additional 162 shares in the last quarter. Clarus Wealth Advisors boosted its holdings in Anheuser Busch Inbev by 17.1% during the second quarter. Clarus Wealth Advisors now owns 718 shares of the consumer goods maker’s stock worth $64,000 after buying an additional 105 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ bought a new stake in Anheuser Busch Inbev during the second quarter worth approximately $89,000. Institutional investors own 4.37% of the company’s stock.

Anheuser Busch Inbev stock traded down $1.07 during midday trading on Friday, reaching $96.40. The stock had a trading volume of 1,113,327 shares, compared to its average volume of 1,098,299. The firm’s fifty day simple moving average is $96.45 and its two-hundred day simple moving average is $88.29. Anheuser Busch Inbev NV has a twelve month low of $64.54 and a twelve month high of $102.70. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.54 and a quick ratio of 0.41. The firm has a market cap of $159.18 billion, a price-to-earnings ratio of 28.02, a PEG ratio of 2.11 and a beta of 1.18.

Anheuser Busch Inbev (NYSE:BUD) last posted its quarterly earnings data on Thursday, July 25th. The consumer goods maker reported $1.25 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.12. Anheuser Busch Inbev had a net margin of 13.81% and a return on equity of 21.79%. The firm had revenue of $13.96 billion during the quarter, compared to analyst estimates of $13.81 billion. During the same quarter last year, the business posted $0.95 EPS. The company’s revenue was down .2% on a year-over-year basis. As a group, sell-side analysts predict that Anheuser Busch Inbev NV will post 5.06 EPS for the current fiscal year.

A number of analysts recently weighed in on BUD shares. Bank of America upgraded shares of Anheuser Busch Inbev from a “neutral” rating to a “buy” rating in a report on Monday, July 29th. They noted that the move was a valuation call. Jefferies Financial Group upgraded shares of Anheuser Busch Inbev to a “hold” rating and set a $95.00 target price for the company in a report on Monday, August 12th. Argus upgraded shares of Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a report on Thursday, May 30th. UBS Group lowered shares of Anheuser Busch Inbev from a “buy” rating to a “neutral” rating in a research note on Tuesday, August 6th. Finally, Zacks Investment Research lowered shares of Anheuser Busch Inbev from a “buy” rating to a “hold” rating and set a $99.00 price objective for the company. in a research note on Monday, September 2nd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $87.94.

About Anheuser Busch Inbev

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks. The company offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Cristal, Harbin, Jupiler, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol.

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Institutional Ownership by Quarter for Anheuser Busch Inbev (NYSE:BUD)

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