Flow Traders U.S. LLC Has $663,000 Position in Anheuser-Busch InBev SA/NV $BUD

Key Points

• Flow Traders U.S. LLC increased its position in Anheuser-Busch InBev SA/NV by 67.3% in the first quarter, bringing their total holdings to 10,772 shares valued at $663,000.
• Recent analyst ratings show mixed sentiments, with Goldman Sachs upgrading the stock to a "buy" with a price target of $88.00, while Wall Street Zen downgraded it from "buy" to "hold".
• Anheuser-Busch InBev reported $0.98 EPS for the latest quarter, surpassing estimates, although its revenue decreased by 2.1% year-over-year.

Flow Traders U.S. LLC boosted its position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 67.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,772 shares of the consumer goods maker's stock after acquiring an additional 4,332 shares during the quarter. Flow Traders U.S. LLC's holdings in Anheuser-Busch InBev SA/NV were worth $663,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. NBC Securities Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the first quarter worth approximately $32,000. Garde Capital Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth $37,000. ST Germain D J Co. Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth $41,000. Rossby Financial LCC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth $49,000. Finally, Measured Risk Portfolios Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth $40,000. Institutional investors and hedge funds own 5.53% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on BUD. The Goldman Sachs Group raised shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and upped their price objective for the company from $70.10 to $88.00 in a research note on Monday, May 12th. BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. Finally, Wall Street Zen cut Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a report on Sunday, May 18th. Three research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $71.50.

Anheuser-Busch InBev SA/NV Trading Down 0.2%

Anheuser-Busch InBev SA/NV stock traded down $0.12 during mid-day trading on Thursday, hitting $62.67. The stock had a trading volume of 2,005,207 shares, compared to its average volume of 2,397,173. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $72.13. The stock has a 50-day simple moving average of $65.70 and a two-hundred day simple moving average of $64.39. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $112.63 billion, a PE ratio of 17.60, a P/E/G ratio of 1.76 and a beta of 0.79.

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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.The business's revenue was down 2.1% compared to the same quarter last year. During the same period last year, the firm posted $0.90 EPS. As a group, sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV 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.