ARQ Wealth Advisors LLC Increases Stake in Anheuser-Busch InBev SA/NV $BUD

ARQ Wealth Advisors LLC raised its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 691.3% in the first quarter, HoldingsChannel reports. The fund owned 60,299 shares of the consumer goods maker’s stock after purchasing an additional 52,679 shares during the period. ARQ Wealth Advisors LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $4,183,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Bogart Wealth LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 3,800.0% during the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after purchasing an additional 380 shares in the last quarter. Birchwood Financial Partners Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth about $26,000. GHP Investment Advisors Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth about $32,000. Parkside Financial Bank & Trust grew its position in shares of Anheuser-Busch InBev SA/NV by 79.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after acquiring an additional 220 shares during the period. Finally, First Horizon Corp grew its position in shares of Anheuser-Busch InBev SA/NV by 84.6% during the 1st quarter. First Horizon Corp now owns 502 shares of the consumer goods maker’s stock valued at $35,000 after acquiring an additional 230 shares during the period. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD stock traded up $0.26 during trading hours on Friday, reaching $79.60. The company had a trading volume of 1,265,492 shares, compared to its average volume of 2,177,362. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. The stock has a fifty day moving average of $81.14 and a 200-day moving average of $75.05. The company has a market capitalization of $155.26 billion, a price-to-earnings ratio of 21.75, a PEG ratio of 1.33 and a beta of 0.59. Anheuser-Busch InBev SA/NV has a 12-month low of $56.97 and a 12-month high of $85.56.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 16.34% and a net margin of 11.90%.The firm had revenue of $15.27 billion during the quarter. On average, equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.32 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have recently commented on BUD shares. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Barclays reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 5th. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Jefferies Financial Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Finally, TD Cowen lifted their target price on shares of Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the stock a “hold” rating in a research note on Friday, June 26th. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV has a consensus rating of “Moderate Buy” and a consensus price target of $90.08.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.