Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Koss Olinger Consulting LLC

Koss Olinger Consulting LLC reduced its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 2.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,740 shares of the consumer goods maker’s stock after selling 777 shares during the period. Koss Olinger Consulting LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $2,435,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Ballentine Partners LLC lifted its position in Anheuser-Busch InBev SA/NV by 8.0% during the 1st quarter. Ballentine Partners LLC now owns 6,002 shares of the consumer goods maker’s stock worth $365,000 after acquiring an additional 444 shares in the last quarter. Northwest Investment Counselors LLC purchased a new stake in Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $115,000. CHICAGO TRUST Co NA increased its holdings in Anheuser-Busch InBev SA/NV by 1.9% during the 1st quarter. CHICAGO TRUST Co NA now owns 10,579 shares of the consumer goods maker’s stock worth $643,000 after purchasing an additional 196 shares during the last quarter. RMR Wealth Builders purchased a new stake in Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $248,000. Finally, Future Financial Wealth Managment LLC purchased a new stake in Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $61,000. 5.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently issued reports on BUD. UBS Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. Citigroup upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. Morgan Stanley boosted their price objective on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a research report on Tuesday, September 10th. Barclays upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. Finally, TD Cowen lowered Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and boosted their price objective for the company from $68.00 to $88.00 in a research report on Tuesday, October 8th. Three analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV has a consensus rating of “Moderate Buy” and a consensus price target of $79.00.

Anheuser-Busch InBev SA/NV Trading Up 0.9 %

Shares of Anheuser-Busch InBev SA/NV stock opened at $66.04 on Monday. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The firm has a market cap of $118.69 billion, a price-to-earnings ratio of 27.75, a price-to-earnings-growth ratio of 1.77 and a beta of 1.10. The business has a fifty day simple moving average of $63.43 and a 200-day simple moving average of $61.87. Anheuser-Busch InBev SA/NV has a fifty-two week low of $52.36 and a fifty-two week high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Thursday, August 1st. The consumer goods maker reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.06. The company had revenue of $15.33 billion for the quarter, compared to analyst estimates of $15.21 billion. Anheuser-Busch InBev SA/NV had a return on equity of 14.77% and a net margin of 9.89%. During the same period in the previous year, the firm earned $0.72 earnings per share. On average, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.39 EPS for the current fiscal 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.