Koss Olinger Consulting LLC Reduces Stock Position in Anheuser-Busch InBev SA/NV $BUD

Koss Olinger Consulting LLC lowered its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 22.1% during the 4th quarter, HoldingsChannel reports. The fund owned 28,887 shares of the consumer goods maker’s stock after selling 8,209 shares during the period. Koss Olinger Consulting LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,850,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in BUD. Bogart Wealth LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 3,800.0% during the fourth quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock worth $25,000 after acquiring an additional 380 shares in the last quarter. Leonteq Securities AG purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth $48,000. Paradigm Asset Management Co. LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the third quarter worth $53,000. Fifth Third Bancorp lifted its position in shares of Anheuser-Busch InBev SA/NV by 251.6% during the fourth quarter. Fifth Third Bancorp now owns 865 shares of the consumer goods maker’s stock worth $55,000 after acquiring an additional 619 shares in the last quarter. Finally, Elyxium Wealth LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth $64,000. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Analyst Upgrades and Downgrades

BUD has been the topic of a number of recent analyst reports. Wells Fargo & Company increased their price objective on Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Sanford C. Bernstein reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 19th. Barclays reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Royal Bank Of Canada reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Finally, UBS Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, May 6th. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Moderate Buy” and an average price target of $93.42.

Anheuser-Busch InBev SA/NV Trading Down 2.3%

Shares of BUD stock opened at $80.11 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. Anheuser-Busch InBev SA/NV has a 52-week low of $56.97 and a 52-week high of $84.46. The company has a market capitalization of $156.25 billion, a PE ratio of 21.89, a price-to-earnings-growth ratio of 1.34 and a beta of 0.57. The business’s fifty day moving average is $75.72 and its 200 day moving average is $71.19.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share (EPS) for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 12.26% and a net margin of 11.90%.The company had revenue of $15.27 billion for the quarter. On average, equities research analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.31 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.