Anheuser Busch Inbev NV (NYSE:BUD) Shares Bought by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group grew its holdings in shares of Anheuser Busch Inbev NV (NYSE:BUD) by 38.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,197 shares of the consumer goods maker’s stock after purchasing an additional 614 shares during the period. Rehmann Capital Advisory Group’s holdings in Anheuser Busch Inbev were worth $194,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. First Trust Advisors LP lifted its holdings in Anheuser Busch Inbev by 1.3% during the 1st quarter. First Trust Advisors LP now owns 361,904 shares of the consumer goods maker’s stock worth $30,389,000 after buying an additional 4,678 shares during the last quarter. Sawtooth Solutions LLC purchased a new stake in shares of Anheuser Busch Inbev in the 1st quarter valued at about $223,000. MML Investors Services LLC lifted its holdings in shares of Anheuser Busch Inbev by 32.2% in the 1st quarter. MML Investors Services LLC now owns 17,294 shares of the consumer goods maker’s stock valued at $1,452,000 after purchasing an additional 4,214 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of Anheuser Busch Inbev by 683.5% in the 1st quarter. Rockefeller Capital Management L.P. now owns 3,134 shares of the consumer goods maker’s stock valued at $263,000 after purchasing an additional 2,734 shares during the last quarter. Finally, Yorktown Management & Research Co Inc lifted its holdings in shares of Anheuser Busch Inbev by 38.6% in the 1st quarter. Yorktown Management & Research Co Inc now owns 6,100 shares of the consumer goods maker’s stock valued at $512,000 after purchasing an additional 1,700 shares during the last quarter. Institutional investors own 4.53% of the company’s stock.

BUD has been the subject of several analyst reports. UBS Group downgraded Anheuser Busch Inbev from a “buy” rating to a “neutral” rating in a research note on Tuesday, August 6th. Jefferies Financial Group raised Anheuser Busch Inbev to a “hold” rating and set a $95.00 price objective for the company in a research note on Monday, August 12th. Bank of America upgraded Anheuser Busch Inbev from a “neutral” rating to a “buy” rating in a research report on Monday, July 29th. They noted that the move was a valuation call. Barclays cut Anheuser Busch Inbev from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, August 27th. Finally, ValuEngine cut Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a research report on Thursday, September 5th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $87.94.

NYSE BUD traded up $1.02 on Friday, hitting $92.92. 659,513 shares of the company’s stock were exchanged, compared to its average volume of 1,201,725. 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’s 50-day moving average price is $94.72 and its two-hundred day moving average price is $89.82. Anheuser Busch Inbev NV has a fifty-two week low of $64.54 and a fifty-two week high of $102.70. The firm has a market cap of $152.43 billion, a price-to-earnings ratio of 27.01, a P/E/G ratio of 2.10 and a beta of 1.18.

Anheuser Busch Inbev (NYSE:BUD) last released its quarterly earnings results on Thursday, July 25th. The consumer goods maker reported $1.25 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.12. The business had revenue of $13.96 billion for the quarter, compared to analysts’ expectations of $13.81 billion. Anheuser Busch Inbev had a return on equity of 21.79% and a net margin of 13.81%. The company’s revenue was down .2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.95 EPS. On average, research analysts predict that Anheuser Busch Inbev NV will post 4.96 earnings per share for the current fiscal year.

Anheuser Busch Inbev Profile

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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