People s United Financial Inc. lifted its position in shares of Anheuser-Busch Inbev SA (NYSE:BUD) by 1,891.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,991 shares of the consumer goods maker’s stock after acquiring an additional 1,891 shares during the quarter. People s United Financial Inc.’s holdings in Anheuser-Busch Inbev SA were worth $220,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Chicago Partners Investment Group LLC purchased a new stake in shares of Anheuser-Busch Inbev SA during the 2nd quarter worth approximately $101,000. Evercore Wealth Management LLC purchased a new stake in shares of Anheuser-Busch Inbev SA during the 2nd quarter worth approximately $104,000. BDO Wealth Advisors LLC purchased a new stake in shares of Anheuser-Busch Inbev SA during the 2nd quarter worth approximately $110,000. Oakworth Capital Inc. boosted its stake in shares of Anheuser-Busch Inbev SA by 4.0% during the 2nd quarter. Oakworth Capital Inc. now owns 1,175 shares of the consumer goods maker’s stock worth $130,000 after acquiring an additional 45 shares in the last quarter. Finally, Johnson Financial Group Inc. boosted its stake in shares of Anheuser-Busch Inbev SA by 0.3% during the 2nd quarter. Johnson Financial Group Inc. now owns 1,179 shares of the consumer goods maker’s stock worth $130,000 after acquiring an additional 3 shares in the last quarter. 5.49% of the stock is currently owned by institutional investors and hedge funds.

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Several equities research analysts have recently commented on the company. BidaskClub lowered Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Susquehanna Bancshares Inc reissued a “neutral” rating and set a $125.00 price target (up previously from $111.00) on shares of Anheuser-Busch Inbev SA in a research note on Tuesday, August 1st. Stifel Nicolaus reissued a “buy” rating on shares of Anheuser-Busch Inbev SA in a research note on Friday, July 28th. Jefferies Group LLC set a $139.00 price target on Anheuser-Busch Inbev SA and gave the stock a “buy” rating in a research note on Saturday, July 29th. Finally, Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Anheuser-Busch Inbev SA in a research note on Monday, July 10th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the company’s stock. Anheuser-Busch Inbev SA has a consensus rating of “Hold” and a consensus target price of $126.81.

Shares of Anheuser-Busch Inbev SA (NYSE:BUD) opened at 121.61 on Monday. The company has a 50-day moving average price of $118.89 and a 200-day moving average price of $115.68. The stock has a market cap of $235.16 billion, a price-to-earnings ratio of 60.62 and a beta of 1.07. Anheuser-Busch Inbev SA has a 1-year low of $98.28 and a 1-year high of $129.09.

Anheuser-Busch Inbev SA (NYSE:BUD) last issued its earnings results on Thursday, July 27th. The consumer goods maker reported $0.95 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.14 by ($0.19). The business had revenue of $14.18 billion for the quarter, compared to the consensus estimate of $14.15 billion. Anheuser-Busch Inbev SA had a return on equity of 13.61% and a net margin of 7.37%. The company’s quarterly revenue was up 31.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.06 earnings per share. On average, equities analysts expect that Anheuser-Busch Inbev SA will post $4.14 earnings per share for the current fiscal year.

Anheuser-Busch Inbev SA 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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