Advisors Asset Management Inc. cut its position in shares of Anheuser-Busch Inbev SA (NYSE:BUD) by 0.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,413 shares of the consumer goods maker’s stock after selling 84 shares during the period. Advisors Asset Management Inc.’s holdings in Anheuser-Busch Inbev SA were worth $3,687,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BUD. Chicago Partners Investment Group LLC purchased a new position in shares of Anheuser-Busch Inbev SA during the second quarter worth approximately $101,000. Kistler Tiffany Companies LLC raised its position in shares of Anheuser-Busch Inbev SA by 151.9% in the first quarter. Kistler Tiffany Companies LLC now owns 985 shares of the consumer goods maker’s stock worth $108,000 after buying an additional 594 shares in the last quarter. Jacobus Wealth Management Inc. raised its position 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 worth $114,000 after buying an additional 42 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its position in shares of Anheuser-Busch Inbev SA by 5.1% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,103 shares of the consumer goods maker’s stock worth $121,000 after buying an additional 54 shares in the last quarter. Finally, Oakworth Capital Inc. raised its position in shares of Anheuser-Busch Inbev SA by 4.0% in the second quarter. Oakworth Capital Inc. now owns 1,175 shares of the consumer goods maker’s stock worth $130,000 after buying an additional 45 shares in the last quarter. 5.29% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Anheuser-Busch Inbev SA (NYSE BUD) opened at 116.30 on Friday. 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 has a 12 month low of $98.28 and a 12 month high of $136.08. The company’s 50 day moving average price is $115.63 and its 200 day moving average price is $112.94.

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 for the quarter, missing the Thomson Reuters’ consensus estimate of $1.14 by $0.19. The company had revenue of $14.18 billion during the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 31.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.06 earnings per share. Analysts expect that Anheuser-Busch Inbev SA will post $4.16 EPS for the current fiscal year.

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A number of brokerages have commented on BUD. BidaskClub lowered Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a report on Thursday, August 10th. Zacks Investment Research raised Anheuser-Busch Inbev SA from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of Anheuser-Busch Inbev SA in a report on Monday, July 10th. Stifel Nicolaus reaffirmed a “buy” rating on shares of Anheuser-Busch Inbev SA in a report on Friday, July 28th. Finally, Jefferies Group LLC reaffirmed a “buy” rating on shares of Anheuser-Busch Inbev SA in a report on Monday, July 10th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average 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.

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

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