Vontobel Asset Management Inc. Boosts Position in Anheuser Busch Inbev NV (NYSE:BUD)

Vontobel Asset Management Inc. boosted its position in shares of Anheuser Busch Inbev NV (NYSE:BUD) by 0.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 707,226 shares of the consumer goods maker’s stock after acquiring an additional 3,294 shares during the quarter. Vontobel Asset Management Inc.’s holdings in Anheuser Busch Inbev were worth $62,595,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Strategy Asset Managers LLC purchased a new stake in Anheuser Busch Inbev during the first quarter valued at $28,000. Alera Investment Advisors LLC increased its position in Anheuser Busch Inbev by 114.9% in the first quarter. Alera Investment Advisors LLC now owns 346 shares of the consumer goods maker’s stock worth $29,000 after buying an additional 185 shares in the last quarter. Global Retirement Partners LLC increased its position in Anheuser Busch Inbev by 35.9% in the first quarter. Global Retirement Partners LLC now owns 613 shares of the consumer goods maker’s stock worth $51,000 after buying an additional 162 shares in the last quarter. Clarus Wealth Advisors increased its position in Anheuser Busch Inbev by 17.1% in the second quarter. Clarus Wealth Advisors now owns 718 shares of the consumer goods maker’s stock worth $64,000 after buying an additional 105 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ purchased a new stake in Anheuser Busch Inbev in the second quarter worth about $89,000. Institutional investors own 4.37% of the company’s stock.

BUD traded down $0.66 during midday trading on Monday, reaching $95.74. The company had a trading volume of 56,581 shares, compared to its average volume of 1,098,299. The company has a quick ratio of 0.41, a current ratio of 0.54 and a debt-to-equity ratio of 1.30. The business has a 50-day moving average of $96.45 and a two-hundred day moving average of $88.29. The company has a market cap of $156.44 billion, a P/E ratio of 27.83, a P/E/G ratio of 2.11 and a beta of 1.18. Anheuser Busch Inbev NV has a 1 year low of $64.54 and a 1 year high of $102.70.

Anheuser Busch Inbev (NYSE:BUD) last issued its quarterly earnings results on Thursday, July 25th. The consumer goods maker reported $1.25 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.12. The business had revenue of $13.96 billion during the quarter, compared to analysts’ expectations of $13.81 billion. Anheuser Busch Inbev had a return on equity of 21.79% and a net margin of 13.81%. The business’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.95 earnings per share. On average, equities research analysts predict that Anheuser Busch Inbev NV will post 5.06 EPS for the current year.

A number of brokerages have commented on BUD. Jefferies Financial Group upgraded Anheuser Busch Inbev to a “hold” rating and set a $95.00 price target for the company in a research report on Monday, August 12th. Barclays cut Anheuser Busch Inbev from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, August 27th. UBS Group cut Anheuser Busch Inbev from a “buy” rating to a “neutral” rating in a research report on Tuesday, August 6th. ValuEngine cut Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a research report on Thursday, September 5th. Finally, Argus upgraded Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a research report on Thursday, May 30th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $87.94.

Anheuser Busch Inbev Profile

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks. The company offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Cristal, Harbin, Jupiler, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol.

Further Reading: Relative Strength Index

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

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