Goodman Advisory Group LLC Has $5.25 Million Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Goodman Advisory Group LLC trimmed its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 32.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 81,238 shares of the consumer goods maker’s stock after selling 38,222 shares during the quarter. Anheuser-Busch InBev SA/NV makes up 1.8% of Goodman Advisory Group LLC’s holdings, making the stock its 16th largest holding. Goodman Advisory Group LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $5,250,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Householder Group Estate & Retirement Specialist LLC acquired a new position in Anheuser-Busch InBev SA/NV during the 3rd quarter worth approximately $26,000. Anchor Investment Management LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $26,000. GPS Wealth Strategies Group LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 448.2% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 603 shares of the consumer goods maker’s stock valued at $33,000 after buying an additional 493 shares during the last quarter. Sunbelt Securities Inc. boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 491.2% in the 2nd quarter. Sunbelt Securities Inc. now owns 603 shares of the consumer goods maker’s stock valued at $34,000 after buying an additional 501 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 125.4% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 629 shares of the consumer goods maker’s stock valued at $35,000 after buying an additional 350 shares during the last quarter. 5.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

BUD has been the subject of several recent analyst reports. Jefferies Financial Group raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and increased their price objective for the company from $60.00 to $76.00 in a report on Wednesday, January 10th. TD Cowen cut their price target on Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating for the company in a report on Tuesday, March 5th. Finally, BNP Paribas cut Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a research report on Friday, January 12th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $71.70.

Anheuser-Busch InBev SA/NV Trading Down 1.5 %

Shares of Anheuser-Busch InBev SA/NV stock traded down $0.86 during midday trading on Wednesday, reaching $57.14. The company had a trading volume of 1,897,576 shares, compared to its average volume of 2,012,591. The stock has a fifty day moving average price of $61.41 and a 200 day moving average price of $60.81. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48. The firm has a market cap of $99.26 billion, a PE ratio of 21.56, a P/E/G ratio of 1.75 and a beta of 1.13. Anheuser-Busch InBev SA/NV has a fifty-two week low of $51.66 and a fifty-two week high of $66.56.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Wednesday, February 28th. The consumer goods maker reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.06. The company had revenue of $14.47 billion for the quarter, compared to analyst estimates of $15.34 billion. Anheuser-Busch InBev SA/NV had a return on equity of 13.57% and a net margin of 8.99%. During the same period in the previous year, the firm earned $0.98 earnings per share. On average, equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current 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.