Wedbush Securities Inc. raised its stake in Anheuser Busch Inbev NV (NYSE:BUD) by 13.5% during the 1st quarter, Holdings Channel reports. The firm owned 8,229 shares of the consumer goods maker’s stock after acquiring an additional 980 shares during the period. Wedbush Securities Inc.’s holdings in Anheuser Busch Inbev were worth $691,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Carroll Financial Associates Inc. grew its stake in shares of Anheuser Busch Inbev by 10.9% in the 1st quarter. Carroll Financial Associates Inc. now owns 1,157 shares of the consumer goods maker’s stock valued at $97,000 after purchasing an additional 114 shares during the last quarter. Howe & Rusling Inc. grew its stake in shares of Anheuser Busch Inbev by 45.9% in the 4th quarter. Howe & Rusling Inc. now owns 493 shares of the consumer goods maker’s stock valued at $32,000 after purchasing an additional 155 shares during the last quarter. Webster Bank N. A. grew its stake in shares of Anheuser Busch Inbev by 5.4% in the 1st quarter. Webster Bank N. A. now owns 3,135 shares of the consumer goods maker’s stock valued at $263,000 after purchasing an additional 160 shares during the last quarter. Moody National Bank Trust Division grew its stake in shares of Anheuser Busch Inbev by 0.3% in the 4th quarter. Moody National Bank Trust Division now owns 68,250 shares of the consumer goods maker’s stock valued at $4,492,000 after purchasing an additional 180 shares during the last quarter. Finally, Parallel Advisors LLC grew its stake in shares of Anheuser Busch Inbev by 7.5% in the 4th quarter. Parallel Advisors LLC now owns 2,594 shares of the consumer goods maker’s stock valued at $170,000 after purchasing an additional 181 shares during the last quarter. Institutional investors own 4.36% of the company’s stock.

Anheuser Busch Inbev stock opened at $89.96 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.41 and a debt-to-equity ratio of 1.47. Anheuser Busch Inbev NV has a 1-year low of $64.54 and a 1-year high of $107.21. The company has a market capitalization of $152.32 billion, a P/E ratio of 26.15, a price-to-earnings-growth ratio of 2.12 and a beta of 1.16.

Anheuser Busch Inbev (NYSE:BUD) last posted its quarterly earnings results on Thursday, February 28th. The consumer goods maker reported $0.80 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.15 by ($0.35). Anheuser Busch Inbev had a net margin of 8.00% and a return on equity of 18.43%. The business had revenue of $14.25 billion during the quarter, compared to analysts’ expectations of $14.11 billion. During the same quarter last year, the firm earned $1.04 earnings per share. The firm’s quarterly revenue was down 2.4% compared to the same quarter last year. On average, equities analysts anticipate that Anheuser Busch Inbev NV will post 5.06 earnings per share for the current fiscal year.

BUD has been the topic of several analyst reports. Zacks Investment Research downgraded Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a research note on Thursday, January 17th. Goldman Sachs Group downgraded Anheuser Busch Inbev from a “buy” rating to a “neutral” rating in a research note on Friday, January 4th. Societe Generale started coverage on Anheuser Busch Inbev in a research note on Friday, February 1st. They issued a “hold” rating on the stock. Royal Bank of Canada downgraded Anheuser Busch Inbev from a “top pick” rating to a “sector perform” rating and set a $75.00 price target on the stock. in a research note on Thursday, March 7th. Finally, Macquarie lifted their price target on Anheuser Busch Inbev from $80.00 to $84.00 and gave the company a “neutral” rating in a research note on Friday, March 1st. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. Anheuser Busch Inbev presently has an average rating of “Hold” and a consensus price target of $97.96.

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Anheuser Busch Inbev Company Profile

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks. The company offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Cristal, Harbin, Jupiler, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol.

See Also: Compound Annual Growth Rate (CAGR)

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Institutional Ownership by Quarter for Anheuser Busch Inbev (NYSE:BUD)

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