Anheuser-Busch InBev SA/NV $BUD is Penn Davis Mcfarland Inc.'s 9th Largest Position

Key Points

• Penn Davis Mcfarland Inc. reduced its stake in Anheuser-Busch InBev SA/NV by 1.1% during the 2nd quarter, now holding 465,668 shares valued at approximately $32 million, making it the fund's 9th largest position.
• Anheuser-Busch InBev SA/NV's stock received multiple upgrades to 'buy' from analysts, with an average target price of $71.00.
• As of recently, Anheuser-Busch InBev SA/NV reported an EPS of $0.98 for its last quarter, exceeding analyst expectations and achieving a net margin of 12.16%.

Penn Davis Mcfarland Inc. cut its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 1.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 465,668 shares of the consumer goods maker's stock after selling 5,043 shares during the quarter. Anheuser-Busch InBev SA/NV accounts for 3.6% of Penn Davis Mcfarland Inc.'s investment portfolio, making the stock its 9th biggest holding. Penn Davis Mcfarland Inc.'s holdings in Anheuser-Busch InBev SA/NV were worth $32,001,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. NBC Securities Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter worth about $32,000. Garde Capital Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the first quarter valued at about $37,000. ST Germain D J Co. Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the first quarter valued at approximately $41,000. Rossby Financial LCC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the first quarter valued at approximately $49,000. Finally, Larson Financial Group LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 65.1% during the 1st quarter. Larson Financial Group LLC now owns 964 shares of the consumer goods maker's stock worth $59,000 after purchasing an additional 380 shares in the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

BUD has been the topic of a number of analyst reports. Morningstar upgraded Anheuser-Busch InBev SA/NV to a "buy" rating in a report on Thursday, September 18th. Royal Bank Of Canada reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, September 17th. Sanford C. Bernstein reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, September 15th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, September 10th. Finally, BNP Paribas raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 30th. Three research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $71.00.

Anheuser-Busch InBev SA/NV Stock Up 0.7%

Shares of NYSE:BUD opened at $59.49 on Thursday. The stock has a 50-day simple moving average of $62.05 and a 200-day simple moving average of $64.88. The stock has a market capitalization of $116.16 billion, a P/E ratio of 16.71, a PEG ratio of 1.67 and a beta of 0.79. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $72.13. 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 (NYSE:BUD - Get Free Report) last posted its quarterly 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 period last year, the business earned $0.90 EPS. Anheuser-Busch InBev SA/NV's revenue was down 2.1% on a year-over-year basis. Equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

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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