SVA Plumb Wealth Management LLC lifted its position in shares of Anheuser-Busch Inbev SA (NYSE:BUD) by 26.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,221 shares of the consumer goods maker’s stock after purchasing an additional 3,385 shares during the quarter. SVA Plumb Wealth Management LLC’s holdings in Anheuser-Busch Inbev SA were worth $1,790,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the company. Franklin Resources Inc. grew its holdings in shares of Anheuser-Busch Inbev SA by 0.8% during the 2nd quarter. Franklin Resources Inc. now owns 8,950,919 shares of the consumer goods maker’s stock worth $987,823,000 after purchasing an additional 70,245 shares in the last quarter. Fisher Asset Management LLC boosted its stake in Anheuser-Busch Inbev SA by 1.0% in the 2nd quarter. Fisher Asset Management LLC now owns 5,707,561 shares of the consumer goods maker’s stock valued at $629,886,000 after buying an additional 57,541 shares in the last quarter. Clearbridge Investments LLC boosted its stake in Anheuser-Busch Inbev SA by 11.3% in the 1st quarter. Clearbridge Investments LLC now owns 4,938,501 shares of the consumer goods maker’s stock valued at $542,050,000 after buying an additional 502,195 shares in the last quarter. Morgan Stanley boosted its stake in Anheuser-Busch Inbev SA by 51.0% in the 1st quarter. Morgan Stanley now owns 3,892,315 shares of the consumer goods maker’s stock valued at $427,221,000 after buying an additional 1,315,414 shares in the last quarter. Finally, Credit Suisse AG boosted its stake in Anheuser-Busch Inbev SA by 10.0% in the 1st quarter. Credit Suisse AG now owns 1,012,804 shares of the consumer goods maker’s stock valued at $111,165,000 after buying an additional 92,338 shares in the last quarter. 5.50% of the stock is currently owned by institutional investors.

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Several analysts recently commented on BUD shares. Zacks Investment Research raised Anheuser-Busch Inbev SA from a “hold” rating to a “buy” rating and set a $128.00 price target on the stock in a research note on Wednesday, July 19th. Jefferies Group LLC reissued a “buy” rating and issued a $132.00 price objective on shares of Anheuser-Busch Inbev SA in a research note on Monday, May 15th. BidaskClub lowered Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a research note on Wednesday, June 14th. Stifel Nicolaus reissued a “buy” rating and issued a $140.00 price objective (up previously from $134.00) on shares of Anheuser-Busch Inbev SA in a research note on Friday, June 23rd. Finally, Susquehanna Bancshares Inc set a $111.00 price objective on Anheuser-Busch Inbev SA and gave the stock a “hold” rating in a research note on Thursday, July 27th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $126.81.

Anheuser-Busch Inbev SA (NYSE:BUD) traded down 0.14% during midday trading on Tuesday, reaching $121.46. The company had a trading volume of 287,889 shares. The company has a market capitalization of $234.87 billion, a PE ratio of 60.55 and a beta of 1.07. The stock has a 50-day moving average price of $117.92 and a 200 day moving average price of $114.21. Anheuser-Busch Inbev SA has a 12-month low of $98.28 and a 12-month high of $136.08.

Anheuser-Busch Inbev SA (NYSE:BUD) last announced its earnings results on Thursday, July 27th. The consumer goods maker reported $0.95 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.14 by ($0.19). The company had revenue of $14.18 billion for the quarter, compared to analyst estimates of $14.15 billion. Anheuser-Busch Inbev SA had a return on equity of 13.61% and a net margin of 7.37%. The firm’s quarterly revenue was up 31.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.06 earnings per share. Equities analysts forecast that Anheuser-Busch Inbev SA will post $4.14 EPS for the current year.

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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