Profund Advisors LLC Has $633,000 Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Profund Advisors LLC grew its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 3.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,892 shares of the consumer goods maker’s stock after buying an additional 313 shares during the quarter. Profund Advisors LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $633,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in BUD. Capital International Investors boosted its stake in Anheuser-Busch InBev SA/NV by 0.9% in the 4th quarter. Capital International Investors now owns 2,124,860 shares of the consumer goods maker’s stock worth $137,447,000 after purchasing an additional 18,280 shares during the period. Janney Montgomery Scott LLC lifted its stake in Anheuser-Busch InBev SA/NV by 1.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 31,386 shares of the consumer goods maker’s stock valued at $1,908,000 after acquiring an additional 354 shares in the last quarter. Perpetual Ltd boosted its position in Anheuser-Busch InBev SA/NV by 13.7% during the 1st quarter. Perpetual Ltd now owns 127,155 shares of the consumer goods maker’s stock worth $7,736,000 after acquiring an additional 15,364 shares during the last quarter. OLD Mission Capital LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $4,046,000. Finally, Cetera Investment Advisers raised its holdings in shares of Anheuser-Busch InBev SA/NV by 287.8% in the first quarter. Cetera Investment Advisers now owns 65,183 shares of the consumer goods maker’s stock valued at $3,962,000 after purchasing an additional 48,376 shares during the last quarter. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Up 1.8 %

Shares of NYSE:BUD opened at $64.17 on Wednesday. Anheuser-Busch InBev SA/NV has a 52-week low of $51.66 and a 52-week high of $67.49. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The company has a market capitalization of $115.33 billion, a P/E ratio of 26.96, a price-to-earnings-growth ratio of 1.81 and a beta of 1.09. The company has a 50-day simple moving average of $61.79 and a 200 day simple moving average of $61.31.

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

Analyst Ratings Changes

Several brokerages recently commented on BUD. UBS Group upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Monday, June 24th. Morgan Stanley raised their price objective on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a report on Tuesday, September 10th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock 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.