Benjamin Edwards Inc. Has $260,000 Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Key Points

• Benjamin Edwards Inc. reduced its stake in Anheuser-Busch InBev by 50.4%, now holding 4,221 shares valued at $260,000 according to a recent SEC filing.
• Multiple institutional investors, including Vontobel Holding Ltd. and Crossmark Global Holdings Inc., have increased their positions in Anheuser-Busch InBev during the first quarter.
• Analysts have mixed ratings on the stock, with Goldman Sachs upgrading it to "buy" and BNP Paribas raising it to "strong-buy," while Wall Street Zen downgraded it to "hold."

Benjamin Edwards Inc. trimmed its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 50.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,221 shares of the consumer goods maker's stock after selling 4,285 shares during the period. Benjamin Edwards Inc.'s holdings in Anheuser-Busch InBev SA/NV were worth $260,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in BUD. Vontobel Holding Ltd. increased its stake in Anheuser-Busch InBev SA/NV by 2.3% in the 1st quarter. Vontobel Holding Ltd. now owns 7,678 shares of the consumer goods maker's stock valued at $473,000 after buying an additional 174 shares during the last quarter. Crossmark Global Holdings Inc. increased its position in shares of Anheuser-Busch InBev SA/NV by 1.1% in the first 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. Laurel Wealth Advisors LLC raised its holdings in Anheuser-Busch InBev SA/NV by 23.5% during the first quarter. Laurel Wealth Advisors LLC now owns 1,050 shares of the consumer goods maker's stock worth $65,000 after acquiring an additional 200 shares in the last quarter. GAMMA Investing LLC raised its holdings in Anheuser-Busch InBev SA/NV by 27.0% during the first 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 in the last quarter. Finally, Rehmann Capital Advisory Group raised its holdings in Anheuser-Busch InBev SA/NV by 6.0% during the first quarter. Rehmann Capital Advisory Group now owns 4,961 shares of the consumer goods maker's stock worth $305,000 after acquiring an additional 281 shares in the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on BUD shares. The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and upped their target price for the stock from $70.10 to $88.00 in a report on Monday, May 12th. Wall Street Zen lowered Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a report on Sunday, May 18th. 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. Two analysts have rated the stock with a hold rating, six have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $71.50.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD opened at $61.40 on Friday. The firm has a 50-day moving average of $67.01 and a 200-day moving average of $63.76. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13. The company has a market cap of $110.35 billion, a PE ratio of 17.25, a price-to-earnings-growth ratio of 1.87 and a beta of 0.79. 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 announced its earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, topping 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 firm's revenue was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.90 earnings per share. As a group, equities analysts forecast 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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