PDS Planning Inc Buys 696 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

PDS Planning Inc raised its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 15.5% in the fourth quarter, Holdings Channel reports. The fund owned 5,182 shares of the consumer goods maker’s stock after acquiring an additional 696 shares during the period. PDS Planning Inc’s holdings in Anheuser-Busch InBev SA/NV were worth $259,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BUD. Natixis Advisors LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 3.0% during the third quarter. Natixis Advisors LLC now owns 159,576 shares of the consumer goods maker’s stock valued at $10,578,000 after acquiring an additional 4,615 shares during the period. Thrivent Financial for Lutherans bought a new position in shares of Anheuser-Busch InBev SA/NV in the third quarter valued at about $220,000. Pathstone Holdings LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 9.9% in the third quarter. Pathstone Holdings LLC now owns 144,066 shares of the consumer goods maker’s stock valued at $9,550,000 after buying an additional 13,008 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Anheuser-Busch InBev SA/NV in the third quarter valued at about $1,865,000. Finally, West Family Investments Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV in the third quarter valued at about $289,000. 5.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

BUD has been the subject of a number of research analyst reports. TD Cowen cut their price target on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $64.00.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD stock opened at $63.09 on Thursday. The stock has a 50-day moving average price of $53.80 and a 200 day moving average price of $56.88. 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 $113.39 billion, a price-to-earnings ratio of 19.47, a PEG ratio of 1.73 and a beta of 0.96. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.13. The firm had revenue of $14.84 billion during the quarter, compared to analyst estimates of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. Research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS 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.