Anheuser-Busch InBev SA/NV $BUD Shares Purchased by Hantz Financial Services Inc.

Hantz Financial Services Inc. boosted its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 889.4% during the second quarter, Holdings Channel.com reports. The fund owned 10,329 shares of the consumer goods maker’s stock after purchasing an additional 9,285 shares during the quarter. Hantz Financial Services Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $710,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BUD. Dodge & Cox boosted its stake in Anheuser-Busch InBev SA/NV by 2.8% during the 1st quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker’s stock worth $2,531,109,000 after purchasing an additional 1,119,308 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Anheuser-Busch InBev SA/NV by 25.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock worth $81,151,000 after purchasing an additional 265,783 shares during the last quarter. Alberta Investment Management Corp boosted its stake in Anheuser-Busch InBev SA/NV by 34.0% during the 1st quarter. Alberta Investment Management Corp now owns 763,800 shares of the consumer goods maker’s stock worth $47,020,000 after purchasing an additional 193,800 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its stake in Anheuser-Busch InBev SA/NV by 7.3% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 2,790,240 shares of the consumer goods maker’s stock worth $171,767,000 after purchasing an additional 190,830 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in Anheuser-Busch InBev SA/NV by 24.8% during the 1st quarter. Raymond James Financial Inc. now owns 929,927 shares of the consumer goods maker’s stock worth $57,246,000 after purchasing an additional 184,749 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on BUD shares. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday. Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, October 21st. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday. Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Moderate Buy” and an average price target of $71.00.

Anheuser-Busch InBev SA/NV Stock Up 1.5%

Shares of BUD opened at $60.91 on Friday. The firm has a market cap of $118.93 billion, a P/E ratio of 17.11, a price-to-earnings-growth ratio of 1.75 and a beta of 0.76. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $72.13. The company’s 50-day moving average price is $60.28 and its 200 day moving average price is $64.65. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. The business’s revenue was up .6% compared to the same quarter last year. During the same period last year, the company posted $0.98 EPS. On average, sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Profile

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.