Arkadios Wealth Advisors Takes Position in Anheuser-Busch InBev SA/NV $BUD

Arkadios Wealth Advisors purchased a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 22,660 shares of the consumer goods maker’s stock, valued at approximately $1,557,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bessemer Group Inc. boosted its position in Anheuser-Busch InBev SA/NV by 45.6% during the 2nd quarter. Bessemer Group Inc. now owns 1,945 shares of the consumer goods maker’s stock valued at $134,000 after acquiring an additional 609 shares in the last quarter. Ingalls & Snyder LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter valued at approximately $458,000. Whipplewood Advisors LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 55.2% during the second quarter. Whipplewood Advisors LLC now owns 841 shares of the consumer goods maker’s stock valued at $58,000 after purchasing an additional 299 shares in the last quarter. FSM Wealth Advisors LLC grew its stake in Anheuser-Busch InBev SA/NV by 15.3% in the second quarter. FSM Wealth Advisors LLC now owns 3,958 shares of the consumer goods maker’s stock worth $271,000 after purchasing an additional 526 shares during the period. Finally, Bleakley Financial Group LLC raised its holdings in Anheuser-Busch InBev SA/NV by 16.9% in the second quarter. Bleakley Financial Group LLC now owns 24,720 shares of the consumer goods maker’s stock worth $1,699,000 after purchasing an additional 3,576 shares in the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on BUD. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday. Kepler Capital Markets lowered shares of Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, October 21st. Jefferies Financial Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday. Finally, Morningstar raised Anheuser-Busch InBev SA/NV to a “buy” rating in a research report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $71.00.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD opened at $60.91 on Friday. The company has a market capitalization of $118.93 billion, a P/E ratio of 17.11, a price-to-earnings-growth ratio of 1.75 and a beta of 0.76. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month 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 firm has a 50 day moving average of $60.28 and a 200 day moving average of $64.64.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 EPS for the quarter, beating the consensus estimate of $0.97 by $0.02. 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 earned $0.98 EPS. Anheuser-Busch InBev SA/NV’s revenue was up .6% on a year-over-year basis. As a group, equities research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share 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.