First Interstate Bank lessened its position in Anheuser Busch Inbev NV (NYSE:BUD) by 4.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,790 shares of the consumer goods maker’s stock after selling 257 shares during the quarter. First Interstate Bank’s holdings in Anheuser Busch Inbev were worth $512,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Clarus Wealth Advisors lifted its holdings in Anheuser Busch Inbev by 17.1% during the 2nd quarter. Clarus Wealth Advisors now owns 718 shares of the consumer goods maker’s stock valued at $64,000 after buying an additional 105 shares in the last quarter. Carroll Financial Associates Inc. increased its position in Anheuser Busch Inbev by 10.9% during the 1st quarter. Carroll Financial Associates Inc. now owns 1,157 shares of the consumer goods maker’s stock valued at $97,000 after purchasing an additional 114 shares during the period. National Asset Management Inc. increased its position in Anheuser Busch Inbev by 3.7% during the 1st quarter. National Asset Management Inc. now owns 3,523 shares of the consumer goods maker’s stock valued at $297,000 after purchasing an additional 126 shares during the period. Red Cedar Capital LLC increased its position in Anheuser Busch Inbev by 0.4% during the 1st quarter. Red Cedar Capital LLC now owns 31,981 shares of the consumer goods maker’s stock valued at $2,685,000 after purchasing an additional 127 shares during the period. Finally, Weik Capital Management increased its position in Anheuser Busch Inbev by 1.1% during the 1st quarter. Weik Capital Management now owns 11,915 shares of the consumer goods maker’s stock valued at $1,001,000 after purchasing an additional 130 shares during the period. Hedge funds and other institutional investors own 4.46% of the company’s stock.

Shares of Anheuser Busch Inbev stock traded up $0.67 on Monday, reaching $95.96. The stock had a trading volume of 23,076 shares, compared to its average volume of 2,006,316. The company has a 50 day moving average price of $94.57 and a 200 day moving average price of $86.04. The company has a quick ratio of 0.41, a current ratio of 0.54 and a debt-to-equity ratio of 1.30. Anheuser Busch Inbev NV has a 1 year low of $64.54 and a 1 year high of $102.70. The stock has a market capitalization of $158.54 billion, a P/E ratio of 27.93, a P/E/G ratio of 2.03 and a beta of 1.16.

Anheuser Busch Inbev (NYSE:BUD) last issued its quarterly earnings data on Thursday, July 25th. The consumer goods maker reported $1.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.12. Anheuser Busch Inbev had a net margin of 13.81% and a return on equity of 21.79%. The firm had revenue of $13.96 billion for the quarter, compared to the consensus estimate of $13.81 billion. During the same quarter in the previous year, the firm earned $0.95 EPS. The company’s quarterly revenue was down .2% compared to the same quarter last year. On average, analysts forecast that Anheuser Busch Inbev NV will post 5.06 earnings per share for the current fiscal year.

A number of research firms have commented on BUD. Bank of America raised shares of Anheuser Busch Inbev from a “neutral” rating to a “buy” rating in a research report on Monday, July 29th. They noted that the move was a valuation call. ValuEngine raised shares of Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a research report on Friday, July 19th. Jefferies Financial Group raised shares of Anheuser Busch Inbev to a “hold” rating and set a $95.00 price objective on the stock in a research report on Monday, August 12th. Argus raised shares of Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a research report on Thursday, May 30th. Finally, UBS Group downgraded shares of Anheuser Busch Inbev from a “buy” rating to a “neutral” rating in a research report on Tuesday, August 6th. Nine research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $89.27.

Anheuser Busch Inbev Company 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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