Buttonwood Financial Advisors Inc. Grows Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Buttonwood Financial Advisors Inc. boosted its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 3.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 66,717 shares of the consumer goods maker’s stock after buying an additional 2,115 shares during the period. Anheuser-Busch InBev SA/NV makes up approximately 2.4% of Buttonwood Financial Advisors Inc.’s holdings, making the stock its 8th biggest holding. Buttonwood Financial Advisors Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $3,784,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Sigma Planning Corp boosted its position in Anheuser-Busch InBev SA/NV by 15.4% during the 1st quarter. Sigma Planning Corp now owns 6,744 shares of the consumer goods maker’s stock worth $450,000 after acquiring an additional 902 shares during the last quarter. Ballentine Partners LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at about $216,000. Simplicity Solutions LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 40.3% in the 1st quarter. Simplicity Solutions LLC now owns 15,815 shares of the consumer goods maker’s stock valued at $1,055,000 after acquiring an additional 4,545 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Anheuser-Busch InBev SA/NV by 7.2% in the first quarter. Envestnet Asset Management Inc. now owns 414,757 shares of the consumer goods maker’s stock valued at $25,224,000 after acquiring an additional 27,981 shares during the last quarter. Finally, First Hawaiian Bank boosted its position in Anheuser-Busch InBev SA/NV by 1.4% during the first quarter. First Hawaiian Bank now owns 31,493 shares of the consumer goods maker’s stock valued at $2,102,000 after purchasing an additional 438 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on BUD. TD Cowen began coverage on Anheuser-Busch InBev SA/NV in a report on Friday. They issued an “outperform” rating for the company. StockNews.com started coverage on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, August 17th. They issued a “hold” rating on the stock. Evercore ISI reduced their price target on Anheuser-Busch InBev SA/NV from $80.00 to $70.00 in a report on Thursday, June 8th. Morgan Stanley raised Anheuser-Busch InBev SA/NV from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $64.00 to $68.50 in a research report on Thursday, July 20th. Finally, Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $66.07.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD traded up $0.02 during midday trading on Friday, reaching $56.87. 2,550,221 shares of the stock were exchanged, compared to its average volume of 2,085,235. The company has a quick ratio of 0.43, a current ratio of 0.64 and a debt-to-equity ratio of 0.88. The stock’s 50 day simple moving average is $56.87 and its 200 day simple moving average is $59.31. Anheuser-Busch InBev SA/NV has a twelve month low of $44.51 and a twelve month high of $67.09. The company has a market cap of $98.79 billion, a P/E ratio of 18.35, a PEG ratio of 1.71 and a beta of 1.26.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Wednesday, August 2nd. The consumer goods maker reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 10.59% and a return on equity of 14.69%. The firm had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $15.33 billion. During the same quarter in the previous year, the firm posted $0.73 EPS. On average, sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.03 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, 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.