Balanced Rock Investment Advisors LLC Buys 361 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Balanced Rock Investment Advisors LLC grew its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 4.4% during the 4th quarter, Holdings Channel reports. The firm owned 8,560 shares of the consumer goods maker’s stock after buying an additional 361 shares during the period. Balanced Rock Investment Advisors LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $429,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Callan Capital LLC raised its stake in Anheuser-Busch InBev SA/NV by 2.2% in the fourth quarter. Callan Capital LLC now owns 10,607 shares of the consumer goods maker’s stock valued at $531,000 after buying an additional 229 shares during the period. Moors & Cabot Inc. raised its stake in Anheuser-Busch InBev SA/NV by 4.6% in the 4th quarter. Moors & Cabot Inc. now owns 5,329 shares of the consumer goods maker’s stock valued at $267,000 after acquiring an additional 234 shares during the period. Farther Finance Advisors LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 25.7% during the 4th quarter. Farther Finance Advisors LLC now owns 1,298 shares of the consumer goods maker’s stock valued at $65,000 after purchasing an additional 265 shares during the last quarter. Anchor Investment Management LLC boosted its position in Anheuser-Busch InBev SA/NV by 120.6% during the third quarter. Anchor Investment Management LLC now owns 772 shares of the consumer goods maker’s stock worth $51,000 after purchasing an additional 422 shares during the period. Finally, United Capital Financial Advisors LLC boosted its position in Anheuser-Busch InBev SA/NV by 4.6% during the fourth quarter. United Capital Financial Advisors LLC now owns 10,337 shares of the consumer goods maker’s stock worth $518,000 after purchasing an additional 451 shares during the period. Institutional investors own 5.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Argus upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 target price for the company in a research note on Thursday, March 27th. StockNews.com downgraded shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. TD Cowen dropped 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. Finally, Berenberg Bank started coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a “buy” rating for the company. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $66.00.

Anheuser-Busch InBev SA/NV Trading Up 1.4 %

Shares of BUD stock opened at $65.55 on Friday. The stock has a market cap of $117.80 billion, a P/E ratio of 20.23, a price-to-earnings-growth ratio of 1.73 and a beta of 0.80. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The stock has a 50 day simple moving average of $59.94 and a 200 day simple moving average of $56.66.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The firm had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. On average, research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal 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.