Vanguard Personalized Indexing Management LLC Increases Position in Anheuser-Busch InBev SA/NV $BUD

Vanguard Personalized Indexing Management LLC increased its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 22.2% in the second quarter, HoldingsChannel.com reports. The firm owned 50,252 shares of the consumer goods maker’s stock after acquiring an additional 9,131 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $3,453,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in BUD. Garde Capital Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at about $37,000. Rossby Financial LCC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at about $49,000. Larson Financial Group LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 65.1% in the 1st quarter. Larson Financial Group LLC now owns 964 shares of the consumer goods maker’s stock valued at $59,000 after purchasing an additional 380 shares in the last quarter. Reyes Financial Architecture Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter valued at about $59,000. Finally, GAMMA Investing LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 27.0% in the 1st quarter. GAMMA Investing LLC now owns 1,158 shares of the consumer goods maker’s stock valued at $71,000 after purchasing an additional 246 shares in the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BUD. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 18th. The Goldman Sachs Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 25th. Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, September 30th. JPMorgan Chase & Co. restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, October 10th. Finally, Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, October 10th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV currently has an average rating of “Moderate Buy” and a consensus price target of $71.00.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE:BUD opened at $60.21 on Wednesday. The company has a market capitalization of $117.56 billion, a P/E ratio of 16.91, a price-to-earnings-growth ratio of 1.72 and a beta of 0.76. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $72.13. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79. The firm has a 50-day moving average price of $60.38 and a two-hundred day moving average price of $64.62.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. The company’s revenue was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.90 earnings per share. As a group, research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.