Cerity Partners LLC Increases Stock Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Cerity Partners LLC increased its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 1.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,700 shares of the consumer goods maker’s stock after buying an additional 639 shares during the period. Cerity Partners LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $3,089,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. R Squared Ltd acquired a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth about $30,000. Rakuten Securities Inc. increased its stake in shares of Anheuser-Busch InBev SA/NV by 2,722.7% during the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock worth $31,000 after purchasing an additional 599 shares in the last quarter. Whipplewood Advisors LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $36,000. Empowered Funds LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $49,000. Finally, Hurley Capital LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter valued at $49,000. 5.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BUD has been the subject of a number of 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. Berenberg Bank began coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They issued a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. Argus raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price objective for the company in a research report on Thursday, March 27th. Finally, StockNews.com upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Thursday, April 3rd. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $66.00.

Anheuser-Busch InBev SA/NV Trading Up 1.4 %

NYSE BUD opened at $63.40 on Tuesday. The company has a 50-day moving average of $59.09 and a 200-day moving average of $56.56. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49. The company has a market cap of $113.94 billion, a P/E ratio of 19.57, a P/E/G ratio of 1.73 and a beta of 0.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.13. The company had revenue of $14.84 billion for the quarter, compared to the consensus estimate of $14.07 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. As a group, equities analysts predict 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.