Whipplewood Advisors LLC Makes New $36,000 Investment in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Whipplewood Advisors LLC purchased a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 712 shares of the consumer goods maker’s stock, valued at approximately $36,000.

A number of other hedge funds also recently modified their holdings of BUD. Ashton Thomas Securities LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at approximately $26,000. Legacy Investment Solutions LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the third quarter valued at approximately $27,000. R Squared Ltd acquired a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $30,000. First Personal Financial Services increased its position in shares of Anheuser-Busch InBev SA/NV by 51.3% during the third quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock worth $40,000 after acquiring an additional 205 shares in the last quarter. Finally, Anchor Investment Management LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 120.6% during the third quarter. Anchor Investment Management LLC now owns 772 shares of the consumer goods maker’s stock worth $51,000 after acquiring an additional 422 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

Analyst Ratings Changes

Separately, TD Cowen reduced their target price on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $64.00.

Anheuser-Busch InBev SA/NV Trading Up 0.7 %

NYSE:BUD opened at $59.95 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $67.49. The company has a market cap of $107.74 billion, a P/E ratio of 18.50, a price-to-earnings-growth ratio of 1.73 and a beta of 1.08. The business has a 50 day moving average price of $50.54 and a two-hundred day moving average price of $56.77.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. The business had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. As a group, analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Company 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.