We Are One Seven LLC Purchases 849 Shares of Anheuser Busch Inbev NV (NYSE:BUD)

We Are One Seven LLC lifted its position in Anheuser Busch Inbev NV (NYSE:BUD) by 27.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 3,957 shares of the consumer goods maker’s stock after buying an additional 849 shares during the period. We Are One Seven LLC’s holdings in Anheuser Busch Inbev were worth $377,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Clearbridge Investments LLC raised its holdings in shares of Anheuser Busch Inbev by 18.4% in the first quarter. Clearbridge Investments LLC now owns 10,877,335 shares of the consumer goods maker’s stock valued at $913,370,000 after acquiring an additional 1,686,528 shares in the last quarter. Fisher Asset Management LLC raised its holdings in shares of Anheuser Busch Inbev by 2.5% in the second quarter. Fisher Asset Management LLC now owns 6,862,410 shares of the consumer goods maker’s stock valued at $607,392,000 after acquiring an additional 165,266 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Anheuser Busch Inbev by 0.4% in the second quarter. Bank of America Corp DE now owns 3,170,122 shares of the consumer goods maker’s stock valued at $280,587,000 after acquiring an additional 11,922 shares in the last quarter. Balyasny Asset Management LLC raised its holdings in shares of Anheuser Busch Inbev by 16.9% in the second quarter. Balyasny Asset Management LLC now owns 1,123,209 shares of the consumer goods maker’s stock valued at $99,415,000 after acquiring an additional 162,297 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in shares of Anheuser Busch Inbev by 103.2% in the second quarter. Renaissance Technologies LLC now owns 1,083,800 shares of the consumer goods maker’s stock valued at $95,927,000 after acquiring an additional 550,500 shares in the last quarter. Hedge funds and other institutional investors own 4.53% of the company’s stock.

Several analysts recently weighed in on BUD shares. UBS Group downgraded Anheuser Busch Inbev from a “buy” rating to a “neutral” rating in a report on Tuesday, August 6th. Bank of America upgraded shares of Anheuser Busch Inbev from a “neutral” rating to a “buy” rating in a report on Monday, July 29th. They noted that the move was a valuation call. Barclays downgraded shares of Anheuser Busch Inbev from an “equal weight” rating to an “underweight” rating in a report on Tuesday, August 27th. ValuEngine downgraded shares of Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a report on Thursday, September 5th. Finally, Jefferies Financial Group upgraded shares of Anheuser Busch Inbev to a “hold” rating and set a $95.00 target price for the company in a report on Monday, August 12th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $87.94.

Shares of Anheuser Busch Inbev stock opened at $92.31 on Friday. The company has a market capitalization of $150.75 billion, a PE ratio of 26.83, a P/E/G ratio of 2.14 and a beta of 1.18. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.41 and a current ratio of 0.54. The company has a 50-day simple moving average of $94.37 and a two-hundred day simple moving average of $90.24. Anheuser Busch Inbev NV has a one year low of $64.54 and a one year high of $102.70.

Anheuser Busch Inbev (NYSE:BUD) last announced its earnings results on Thursday, July 25th. The consumer goods maker reported $1.25 EPS for the quarter, topping the Zacks’ consensus estimate of $1.13 by $0.12. The business had revenue of $13.96 billion during the quarter, compared to the consensus estimate of $13.81 billion. Anheuser Busch Inbev had a net margin of 13.81% and a return on equity of 21.79%. The firm’s revenue was down .2% on a year-over-year basis. During the same period in the previous year, the company posted $0.95 earnings per share. On average, equities analysts predict that Anheuser Busch Inbev NV will post 4.93 earnings per share for the current fiscal year.

Anheuser Busch Inbev Profile

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks. The company offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Cristal, Harbin, Jupiler, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol.

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Institutional Ownership by Quarter for Anheuser Busch Inbev (NYSE:BUD)

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