Anheuser-Busch InBev SA/NV $BUD Shares Bought by Ritholtz Wealth Management

Ritholtz Wealth Management lifted its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 578.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,302 shares of the consumer goods maker's stock after acquiring an additional 20,721 shares during the period. Ritholtz Wealth Management's holdings in Anheuser-Busch InBev SA/NV were worth $1,670,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in BUD. Sage Rhino Capital LLC boosted its stake in Anheuser-Busch InBev SA/NV by 5.1% during the 2nd quarter. Sage Rhino Capital LLC now owns 3,477 shares of the consumer goods maker's stock valued at $239,000 after acquiring an additional 170 shares during the last quarter. Vontobel Holding Ltd. boosted its stake in Anheuser-Busch InBev SA/NV by 2.3% during the 1st quarter. Vontobel Holding Ltd. now owns 7,678 shares of the consumer goods maker's stock valued at $473,000 after acquiring an additional 174 shares during the last quarter. Crossmark Global Holdings Inc. boosted its stake in Anheuser-Busch InBev SA/NV by 1.1% during the 1st quarter. Crossmark Global Holdings Inc. now owns 16,991 shares of the consumer goods maker's stock valued at $1,046,000 after acquiring an additional 179 shares during the last quarter. UMB Bank n.a. boosted its stake in Anheuser-Busch InBev SA/NV by 14.4% during the 2nd quarter. UMB Bank n.a. now owns 1,719 shares of the consumer goods maker's stock valued at $118,000 after acquiring an additional 217 shares during the last quarter. Finally, 1832 Asset Management L.P. boosted its stake in Anheuser-Busch InBev SA/NV by 3.5% during the 1st quarter. 1832 Asset Management L.P. now owns 7,131 shares of the consumer goods maker's stock valued at $439,000 after acquiring an additional 241 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company's stock.

Wall Street Analysts Forecast Growth

BUD has been the topic of a number of recent research reports. Sanford C. Bernstein restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, September 30th. UBS Group restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, September 30th. The Goldman Sachs Group restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 25th. Berenberg Bank restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 18th. Finally, JPMorgan Chase & Co. restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 10th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $71.00.

Anheuser-Busch InBev SA/NV Trading Up 2.0%

Shares of NYSE:BUD opened at $61.48 on Friday. The company has a market cap of $120.05 billion, a PE ratio of 17.27, a P/E/G ratio of 1.72 and a beta of 0.76. The company's 50-day moving average price is $60.39 and its 200 day moving average price is $64.59. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $72.13. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share 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%. The business's revenue was down 2.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.90 EPS. Sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current 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.

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