1 week Ago By ABMN Staff
Lake Street Advisors Group LLC trimmed its holdings in Anheuser-Busch InBev SA/NV ( NYSE:BUD – Free Report ) by 2.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,067 shares of the consumer goods maker’s stock after selling 201 shares during the period.
Lake Street Advisors Group LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $585,000 as of its most recent SEC filing. Several other hedge funds also recently modified their holdings of BUD. Blue Trust Inc.
boosted its holdings in Anheuser-Busch InBev SA/NV by 225.0% in the second quarter. Blue Trust Inc.
now owns 546 shares of the consumer goods maker’s stock worth $33,000 after purchasing an additional 378 shares in the last quarter. GPS Wealth Strategies Group LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 50.7% during the 2nd quarter.
GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock worth $32,000 after acquiring an additional 185 shares in the last quarter. Addison Advisors LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 39.7% during the 2nd quarter.
Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock worth $34,000 after acquiring an additional 168 shares in the last quarter. Hantz Financial Services Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter valued at about $35,000.
Finally, Russell Investments Group Ltd. raised its stake in shares of Anheuser-Busch InBev SA/NV by 116.5% in the 4th quarter.
Russell Investments Group Ltd. now owns 643 shares of the consumer goods maker’s stock valued at $42,000 after acquiring an additional 346 shares in the last quarter. Institutional investors and hedge funds own 5.
53% of the company’s stock. Anheuser-Busch InBev SA/NV Trading Down 0.9 % Shares of Anheuser-Busch InBev SA/NV stock opened at $62.
84 on Monday. Anheuser-Busch InBev SA/NV has a 1 year low of $51.66 and a 1 year high of $67.
49. The company’s fifty day simple moving average is $60.79 and its 200-day simple moving average is $61.
11. The company has a market cap of $112.94 billion, a price-to-earnings ratio of 26.
40, a PEG ratio of 1.75 and a beta of 1.09.
The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.
85. Wall Street Analyst Weigh In A number of brokerages have issued reports on BUD. UBS Group raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th.
Morgan Stanley decreased their price objective on shares of Anheuser-Busch InBev SA/NV from $70.00 to $68.50 and set an “overweight” rating for the company in a report on Tuesday, July 2nd.
Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $72.13.
View Our Latest Research Report on BUD About Anheuser-Busch InBev SA/NV ( Free Report ) 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. See Also Receive News & Ratings for Anheuser-Busch InBev SA/NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser-Busch InBev SA/NV and related companies with MarketBeat.
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