Entropy Technologies LP Makes New $593,000 Investment in Anheuser-Busch InBev SA/NV $BUD

Entropy Technologies LP purchased a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,555 shares of the consumer goods maker’s stock, valued at approximately $593,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in BUD. Bogart Wealth LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 3,800.0% during the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock worth $25,000 after purchasing an additional 380 shares during the last quarter. Birchwood Financial Partners Inc. acquired a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $26,000. GHP Investment Advisors Inc. acquired a new stake in Anheuser-Busch InBev SA/NV in the 1st quarter valued at approximately $32,000. Parkside Financial Bank & Trust grew its holdings in Anheuser-Busch InBev SA/NV by 79.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after buying an additional 220 shares during the last quarter. Finally, First Horizon Corp increased its position in Anheuser-Busch InBev SA/NV by 84.6% in the 1st quarter. First Horizon Corp now owns 502 shares of the consumer goods maker’s stock worth $35,000 after buying an additional 230 shares during the period. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Trading Up 2.0%

BUD stock opened at $84.86 on Thursday. Anheuser-Busch InBev SA/NV has a 1-year low of $56.97 and a 1-year high of $85.56. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74. The business’s 50 day moving average is $81.39 and its 200-day moving average is $76.73. The firm has a market cap of $165.53 billion, a P/E ratio of 23.19, a P/E/G ratio of 1.39 and a beta of 0.59.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. The business had revenue of $15.27 billion during the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 16.34% and a net margin of 11.90%. Equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on BUD shares. Royal Bank Of Canada reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 5th. Jefferies Financial Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, June 30th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Finally, Wells Fargo & Company increased their price target on shares of Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has an average rating of “Moderate Buy” and an average target price of $90.08.

Anheuser-Busch InBev SA/NV Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.