Hantz Financial Services Inc. Increases Stake in Anheuser-Busch InBev SA/NV $BUD

Hantz Financial Services Inc. lifted its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 889.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,329 shares of the consumer goods maker’s stock after purchasing an additional 9,285 shares during the quarter. Hantz Financial Services Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $710,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. ABC Arbitrage SA purchased a new position in Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $1,731,000. Vident Advisory LLC purchased a new position in Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $310,000. Penserra Capital Management LLC raised its position in Anheuser-Busch InBev SA/NV by 24.7% during the 1st quarter. Penserra Capital Management LLC now owns 2,553 shares of the consumer goods maker’s stock worth $157,000 after buying an additional 506 shares during the last quarter. QRG Capital Management Inc. raised its position in Anheuser-Busch InBev SA/NV by 7.7% during the 2nd quarter. QRG Capital Management Inc. now owns 93,714 shares of the consumer goods maker’s stock worth $6,440,000 after buying an additional 6,695 shares during the last quarter. Finally, May Hill Capital LLC purchased a new position in Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $454,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, October 8th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday. Jefferies Financial Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday. Finally, Kepler Capital Markets lowered shares of Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV currently has an average rating of “Moderate Buy” and a consensus target price of $71.00.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock opened at $60.91 on Friday. The company’s fifty day moving average price is $60.28 and its 200 day moving average price is $64.65. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $72.13. The stock has a market capitalization of $118.93 billion, a P/E ratio of 17.11, a P/E/G ratio of 1.75 and a beta of 0.76. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. During the same period in the previous year, the company posted $0.98 EPS. The firm’s quarterly revenue was up .6% compared to the same quarter last year. 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.