St. James Investment Company LLC acquired a new stake in shares of Anheuser-Busch Inbev SA (NYSE:BUD) during the second quarter, according to its most recent disclosure with the SEC. The firm acquired 10,005 shares of the consumer goods maker’s stock, valued at approximately $1,104,000. Anheuser-Busch Inbev SA makes up about 0.1% of St. James Investment Company LLC’s portfolio, making the stock its 26th largest position.

A number of other hedge funds have also recently made changes to their positions in the stock. Ironwood Investment Management LLC boosted its stake in shares of Anheuser-Busch Inbev SA by 0.7% in the second quarter. Ironwood Investment Management LLC now owns 3,322 shares of the consumer goods maker’s stock valued at $367,000 after buying an additional 23 shares during the last quarter. Sky Investment Group LLC boosted its stake in shares of Anheuser-Busch Inbev SA by 0.5% in the second quarter. Sky Investment Group LLC now owns 6,203 shares of the consumer goods maker’s stock valued at $685,000 after buying an additional 30 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of Anheuser-Busch Inbev SA by 2.0% in the first quarter. Parallel Advisors LLC now owns 1,761 shares of the consumer goods maker’s stock valued at $199,000 after buying an additional 34 shares during the last quarter. Jacobus Wealth Management Inc. boosted its stake in shares of Anheuser-Busch Inbev SA by 4.2% in the first quarter. Jacobus Wealth Management Inc. now owns 1,042 shares of the consumer goods maker’s stock valued at $114,000 after buying an additional 42 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in shares of Anheuser-Busch Inbev SA by 1.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 3,024 shares of the consumer goods maker’s stock valued at $334,000 after buying an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 5.29% of the company’s stock.

Shares of Anheuser-Busch Inbev SA (BUD) traded down 0.49% during trading on Friday, reaching $116.30. The company’s stock had a trading volume of 1,449,439 shares. The company’s 50-day moving average is $115.63 and its 200-day moving average is $112.94. Anheuser-Busch Inbev SA has a 12 month low of $98.28 and a 12 month high of $136.08. The company has a market capitalization of $224.89 billion, a P/E ratio of 57.98 and a beta of 1.07. Anheuser-Busch Inbev SA also saw some unusual options trading activity on Wednesday. Investors purchased 446 call options on the stock. This is an increase of approximately 120% compared to the typical volume of 203 call options.

Anheuser-Busch Inbev SA (NYSE:BUD) last announced its quarterly earnings results on Thursday, July 27th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.14 by $0.19. The firm had revenue of $14.18 billion during the quarter, compared to analyst estimates of $14.15 billion. Anheuser-Busch Inbev SA had a net margin of 7.37% and a return on equity of 13.61%. Anheuser-Busch Inbev SA’s quarterly revenue was up 31.2% on a year-over-year basis. During the same period last year, the firm earned $1.06 EPS. On average, analysts forecast that Anheuser-Busch Inbev SA will post $4.16 EPS for the current fiscal year.

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Several analysts have issued reports on the company. Jefferies Group LLC restated a “buy” rating and set a $132.00 price objective on shares of Anheuser-Busch Inbev SA in a research note on Wednesday, June 28th. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Anheuser-Busch Inbev SA in a report on Monday, July 10th. Susquehanna Bancshares Inc reissued a “hold” rating and issued a $103.00 price objective (up from $101.00) on shares of Anheuser-Busch Inbev SA in a report on Thursday, May 4th. BidaskClub lowered Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a report on Thursday, August 10th. Finally, Vetr lowered Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating and set a $104.70 price objective for the company. in a report on Monday, May 1st. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $128.10.

Anheuser-Busch Inbev SA Company Profile

Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

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

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