Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Bought by Callan Capital LLC

Callan Capital LLC increased its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 24.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,793 shares of the consumer goods maker’s stock after buying an additional 1,754 shares during the quarter. Callan Capital LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $511,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of BUD. Addison Advisors LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 39.7% during the second quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock worth $34,000 after purchasing an additional 168 shares in the last quarter. Westside Investment Management Inc. increased its position in shares of Anheuser-Busch InBev SA/NV by 15.1% during the second quarter. Westside Investment Management Inc. now owns 1,381 shares of the consumer goods maker’s stock worth $80,000 after acquiring an additional 181 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 50.7% in the second quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock worth $32,000 after acquiring an additional 185 shares in the last quarter. Lake Street Advisors Group LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 1.8% in the first quarter. Lake Street Advisors Group LLC now owns 10,268 shares of the consumer goods maker’s stock valued at $624,000 after purchasing an additional 186 shares during the last quarter. Finally, CHICAGO TRUST Co NA grew its stake in Anheuser-Busch InBev SA/NV by 1.9% during the 1st quarter. CHICAGO TRUST Co NA now owns 10,579 shares of the consumer goods maker’s stock valued at $643,000 after purchasing an additional 196 shares in the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD opened at $63.14 on Friday. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The company has a market cap of $113.48 billion, a P/E ratio of 26.53, a PEG ratio of 1.81 and a beta of 1.09. Anheuser-Busch InBev SA/NV has a 12 month low of $51.66 and a 12 month high of $67.49. The stock has a fifty day moving average price of $61.65 and a 200 day moving average price of $61.27.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Thursday, August 1st. The consumer goods maker reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 9.89% and a return on equity of 14.77%. The firm had revenue of $15.33 billion for the quarter, compared to the consensus estimate of $15.21 billion. During the same period last year, the firm posted $0.72 EPS. On average, research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.41 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on BUD. Morgan Stanley increased their target price on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a research note on Tuesday, September 10th. UBS Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research note on Monday, June 24th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $73.25.

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.