FSM Wealth Advisors LLC Raises Holdings in Anheuser-Busch InBev SA/NV $BUD

FSM Wealth Advisors LLC boosted its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 15.3% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,958 shares of the consumer goods maker’s stock after buying an additional 526 shares during the quarter. FSM Wealth Advisors LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $271,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Sage Rhino Capital LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 5.1% in the second quarter. Sage Rhino Capital LLC now owns 3,477 shares of the consumer goods maker’s stock worth $239,000 after acquiring an additional 170 shares during the last quarter. Vontobel Holding Ltd. boosted its stake in shares of Anheuser-Busch InBev SA/NV by 2.3% during the first quarter. Vontobel Holding Ltd. now owns 7,678 shares of the consumer goods maker’s stock valued at $473,000 after acquiring an additional 174 shares during the last quarter. Crossmark Global Holdings Inc. boosted its stake in shares of Anheuser-Busch InBev SA/NV by 1.1% during the 1st quarter. Crossmark Global Holdings Inc. now owns 16,991 shares of the consumer goods maker’s stock worth $1,046,000 after purchasing an additional 179 shares during the last quarter. UMB Bank n.a. boosted its stake in shares of Anheuser-Busch InBev SA/NV by 14.4% during the 2nd quarter. UMB Bank n.a. now owns 1,719 shares of the consumer goods maker’s stock worth $118,000 after purchasing an additional 217 shares during the last quarter. Finally, 1832 Asset Management L.P. grew its holdings in shares of Anheuser-Busch InBev SA/NV by 3.5% during the first quarter. 1832 Asset Management L.P. now owns 7,131 shares of the consumer goods maker’s stock worth $439,000 after buying an additional 241 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 10th. UBS Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, September 30th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 25th. Morningstar raised shares of Anheuser-Busch InBev SA/NV to a “buy” rating in a research report on Thursday, September 18th. Finally, Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $71.00.

Anheuser-Busch InBev SA/NV Stock Performance

Anheuser-Busch InBev SA/NV stock opened at $61.55 on Friday. The stock’s 50-day moving average is $60.44 and its 200-day moving average is $64.60. The company has a market cap of $120.19 billion, a price-to-earnings ratio of 17.29, a price-to-earnings-growth ratio of 1.76 and a beta of 0.76. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.The firm’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.90 earnings per share. Equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current 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.