Dynasty Wealth Management LLC Invests $1.61 Million in Anheuser-Busch InBev SA/NV $BUD

Dynasty Wealth Management LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 25,146 shares of the consumer goods maker’s stock, valued at approximately $1,610,000.

Other large investors also recently modified their holdings of the company. Bogart Wealth LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 3,800.0% during the fourth quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock worth $25,000 after buying an additional 380 shares during the period. Leonteq Securities AG acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth $48,000. Fifth Third Bancorp increased its position in shares of Anheuser-Busch InBev SA/NV by 251.6% during the fourth quarter. Fifth Third Bancorp now owns 865 shares of the consumer goods maker’s stock worth $55,000 after buying an additional 619 shares during the period. Paradigm Asset Management Co. LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the third quarter worth $53,000. Finally, Elyxium Wealth LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth $64,000. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have commented on BUD. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 5th. Wells Fargo & Company raised their price target on shares of Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. The Goldman Sachs Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, May 7th. DZ Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, May 21st. Finally, JPMorgan Chase & Co. raised their price target on shares of Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Eleven equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $93.42.

Anheuser-Busch InBev SA/NV Trading Down 1.7%

NYSE:BUD opened at $79.23 on Thursday. 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 stock has a market capitalization of $154.55 billion, a price-to-earnings ratio of 21.65, a PEG ratio of 1.30 and a beta of 0.59. The firm has a fifty day simple moving average of $76.42 and a two-hundred day simple moving average of $71.57. Anheuser-Busch InBev SA/NV has a 12 month low of $56.97 and a 12 month high of $84.46.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 12.26%. The business had revenue of $15.27 billion during the quarter. Analysts expect that Anheuser-Busch InBev SA/NV will post 4.32 EPS for the current fiscal year.

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.