Ingalls & Snyder LLC acquired a new stake in shares of Anheuser-Busch Inbev SA (NYSE:BUD) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,777 shares of the consumer goods maker’s stock, valued at approximately $1,741,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Kistler Tiffany Companies LLC increased its stake in shares of Anheuser-Busch Inbev SA by 151.9% in the first quarter. Kistler Tiffany Companies LLC now owns 985 shares of the consumer goods maker’s stock valued at $108,000 after buying an additional 594 shares in the last quarter. Jacobus Wealth Management Inc. increased its stake in shares of Anheuser-Busch Inbev SA by 4.2% in the first quarter. Jacobus Wealth Management Inc. now owns 1,042 shares of the consumer goods maker’s stock valued at $114,000 after buying an additional 42 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its stake in shares of Anheuser-Busch Inbev SA by 5.1% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,103 shares of the consumer goods maker’s stock valued at $121,000 after buying an additional 54 shares in the last quarter. FTB Advisors Inc. increased its stake in shares of Anheuser-Busch Inbev SA by 22.0% in the first quarter. FTB Advisors Inc. now owns 1,599 shares of the consumer goods maker’s stock valued at $179,000 after buying an additional 288 shares in the last quarter. Finally, Scout Investments Inc. purchased a new stake in shares of Anheuser-Busch Inbev SA during the first quarter valued at $206,000. Institutional investors and hedge funds own 5.28% of the company’s stock.

Anheuser-Busch Inbev SA (NYSE:BUD) opened at 120.03 on Friday. The company has a 50-day moving average of $114.06 and a 200 day moving average of $111.94. Anheuser-Busch Inbev SA has a 1-year low of $98.28 and a 1-year high of $136.08. The stock has a market cap of $232.10 billion, a P/E ratio of 59.84 and a beta of 1.07.

Anheuser-Busch Inbev SA (NYSE:BUD) last posted its earnings results on Thursday, July 27th. The consumer goods maker reported $0.95 EPS for the quarter, missing the Zacks’ consensus estimate of $1.14 by $0.19. Anheuser-Busch Inbev SA had a net margin of 7.37% and a return on equity of 13.61%. The company had revenue of $14.18 billion during the quarter, compared to analyst estimates of $14.15 billion. During the same period in the previous year, the company earned $1.06 EPS. The company’s quarterly revenue was up 31.2% compared to the same quarter last year. Analysts predict that Anheuser-Busch Inbev SA will post $4.16 EPS for the current year.

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Several brokerages have recently weighed in on BUD. Stifel Nicolaus reissued a “buy” rating on shares of Anheuser-Busch Inbev SA in a research note on Friday, July 28th. Susquehanna Bancshares Inc reissued a “neutral” rating and issued a $125.00 target price (up previously from $111.00) on shares of Anheuser-Busch Inbev SA in a research note on Tuesday, August 1st. Jefferies Group LLC set a $139.00 target price on shares of Anheuser-Busch Inbev SA and gave the company a “buy” rating in a research note on Saturday, July 29th. BidaskClub raised shares of Anheuser-Busch Inbev SA from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Finally, Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Anheuser-Busch Inbev SA in a research note on Monday, July 10th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the company’s stock. Anheuser-Busch Inbev SA currently has an average rating of “Hold” and an average target price of $128.10.

About Anheuser-Busch Inbev SA

Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

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Institutional Ownership by Quarter for Anheuser-Busch Inbev SA (NYSE:BUD)

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