Anheuser-Busch InBev SA/NV $BUD Holdings Reduced by Yousif Capital Management LLC

Key Points

• Yousif Capital Management LLC reduced its holdings in Anheuser-Busch InBev SA/NV by 25.5% during the 2nd quarter, now owning 20,321 shares worth approximately $1.4 million.
• Anheuser-Busch InBev SA/NV reported earnings of $0.98 per share for the recent quarter, exceeding expectations, despite a 2.1% decline in revenue year-over-year.
• Analysts maintain a consensus of "Moderate Buy" on the stock, with a target price of $71.00, supported by several reaffirming "buy" ratings from major financial institutions.

Yousif Capital Management LLC decreased its position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 25.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,321 shares of the consumer goods maker's stock after selling 6,970 shares during the period. Yousif Capital Management LLC's holdings in Anheuser-Busch InBev SA/NV were worth $1,396,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of BUD. Garde Capital Inc. bought a new position in Anheuser-Busch InBev SA/NV in the 1st quarter worth about $37,000. Rossby Financial LCC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter worth approximately $49,000. Larson Financial Group LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 65.1% in the 1st quarter. Larson Financial Group LLC now owns 964 shares of the consumer goods maker's stock worth $59,000 after acquiring an additional 380 shares during the period. Reyes Financial Architecture Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter worth approximately $59,000. Finally, GAMMA Investing LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 27.0% in the 1st quarter. GAMMA Investing LLC now owns 1,158 shares of the consumer goods maker's stock worth $71,000 after acquiring an additional 246 shares during the period. Institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Down 0.1%

BUD stock opened at $62.05 on Tuesday. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $72.13. The firm has a market cap of $121.17 billion, a PE ratio of 17.43, a P/E/G ratio of 1.77 and a beta of 0.76. The firm has a 50 day simple moving average of $60.40 and a 200 day simple moving average of $64.63. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, beating the consensus estimate of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. During the same quarter last year, the firm earned $0.90 earnings per share. The company's revenue for the quarter was down 2.1% compared to the same quarter last year. Equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 10th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 25th. UBS Group reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, September 30th. Sanford C. Bernstein reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, September 30th. Finally, Royal Bank Of Canada reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 10th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of "Moderate Buy" and a consensus target price of $71.00.

About Anheuser-Busch InBev SA/NV

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.

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