Sequoia Financial Advisors LLC Raises Stock Holdings in Anheuser-Busch InBev SA/NV $BUD

Key Points

• Sequoia Financial Advisors LLC increased its holdings in Anheuser-Busch InBev by 25.6% during the 2nd quarter, bringing its total to 31,720 shares valued at $2.18 million.
• The stock of Anheuser-Busch InBev currently trades at $60.29 with a market capitalization of $117.73 billion and has a PE ratio of 16.94.
• In its latest earnings report, Anheuser-Busch InBev posted an EPS of $0.98, exceeding analysts' estimates of $0.94, despite a 2.1% decline in revenue compared to the previous year.

Sequoia Financial Advisors LLC lifted its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 25.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 31,720 shares of the consumer goods maker's stock after buying an additional 6,466 shares during the quarter. Sequoia Financial Advisors LLC's holdings in Anheuser-Busch InBev SA/NV were worth $2,180,000 at the end of the most recent quarter.

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

Anheuser-Busch InBev SA/NV Price Performance

NYSE:BUD opened at $60.29 on Thursday. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 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. The stock has a market capitalization of $117.73 billion, a PE ratio of 16.94, a price-to-earnings-growth ratio of 1.72 and a beta of 0.76. The stock's 50-day moving average price is $60.38 and its 200-day moving average price is $64.59.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 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%.During the same quarter in the previous year, the firm posted $0.90 EPS. Anheuser-Busch InBev SA/NV's revenue was down 2.1% compared to the same quarter last year. As a group, equities analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on BUD shares. Weiss Ratings restated a "hold (c-)" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, October 8th. Jefferies Financial Group reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, October 8th. Kepler Capital Markets lowered Anheuser-Busch InBev SA/NV from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 9th. UBS Group reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, September 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Anheuser-Busch InBev SA/NV presently has an average rating of "Moderate Buy" and a consensus target price of $71.00.

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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