Commonwealth Equity Services LLC Has $3.39 Million Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Commonwealth Equity Services LLC increased its position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 9.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 67,739 shares of the consumer goods maker's stock after buying an additional 5,664 shares during the quarter. Commonwealth Equity Services LLC's holdings in Anheuser-Busch InBev SA/NV were worth $3,392,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of BUD. Legacy Investment Solutions LLC bought a new stake in Anheuser-Busch InBev SA/NV during the third quarter worth approximately $27,000. R Squared Ltd bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth $30,000. Rakuten Securities Inc. grew its holdings in shares of Anheuser-Busch InBev SA/NV by 2,722.7% in the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock worth $31,000 after acquiring an additional 599 shares during the last quarter. Whipplewood Advisors LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth $36,000. Finally, Empowered Funds LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at $49,000. Institutional investors own 5.53% of the company's stock.

Wall Street Analysts Forecast Growth

BUD has been the topic of several recent analyst reports. Argus upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price objective on the stock in a report on Thursday. TD Cowen lowered their price objective on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating on the stock in a research report on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. One research analyst has rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV currently has a consensus rating of "Buy" and a consensus target price of $66.00.

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Anheuser-Busch InBev SA/NV Stock Down 0.2 %

NYSE BUD traded down $0.13 on Friday, reaching $62.01. The stock had a trading volume of 2,859,280 shares, compared to its average volume of 1,778,242. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49. The business has a 50 day moving average price of $55.62 and a 200 day moving average price of $56.91. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $111.45 billion, a price-to-earnings ratio of 19.14, a P/E/G ratio of 1.73 and a beta of 0.96.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.75 by $0.13. The firm had revenue of $14.84 billion during the quarter, compared to analysts' expectations of $14.07 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. On average, analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS 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.