Mid Atlantic Financial Management Inc. ADV Takes Position in Anheuser Busch Inbev NV (NYSE:BUD)

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Mid Atlantic Financial Management Inc. ADV bought a new position in shares of Anheuser Busch Inbev NV (NYSE:BUD) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,960 shares of the consumer goods maker’s stock, valued at approximately $262,000.

A number of other institutional investors have also modified their holdings of BUD. IFG Advisory LLC lifted its stake in Anheuser Busch Inbev by 4.6% in the second quarter. IFG Advisory LLC now owns 4,281 shares of the consumer goods maker’s stock worth $378,000 after purchasing an additional 188 shares during the last quarter. Concentric Wealth Management LLC lifted its stake in Anheuser Busch Inbev by 26.2% in the second quarter. Concentric Wealth Management LLC now owns 7,795 shares of the consumer goods maker’s stock worth $690,000 after purchasing an additional 1,620 shares during the last quarter. Academy Capital Management Inc. TX lifted its stake in Anheuser Busch Inbev by 0.7% in the second quarter. Academy Capital Management Inc. TX now owns 279,777 shares of the consumer goods maker’s stock worth $24,763,000 after purchasing an additional 1,879 shares during the last quarter. Freestone Capital Holdings LLC lifted its stake in Anheuser Busch Inbev by 9.6% in the second quarter. Freestone Capital Holdings LLC now owns 29,591 shares of the consumer goods maker’s stock worth $2,619,000 after purchasing an additional 2,582 shares during the last quarter. Finally, Markel Corp bought a new stake in Anheuser Busch Inbev in the second quarter worth $266,000. Hedge funds and other institutional investors own 4.46% of the company’s stock.

Several research firms have weighed in on BUD. Barclays downgraded shares of Anheuser Busch Inbev from an “equal weight” rating to an “underweight” rating in a research note on Tuesday. UBS Group downgraded shares of Anheuser Busch Inbev from a “buy” rating to a “neutral” rating in a research note on Tuesday, August 6th. Argus raised shares of Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a research note on Thursday, May 30th. Bank of America upgraded shares of Anheuser Busch Inbev from a “neutral” rating to a “buy” rating in a report on Monday, July 29th. They noted that the move was a valuation call. Finally, Jefferies Financial Group upgraded shares of Anheuser Busch Inbev to a “hold” rating and set a $95.00 price target on the stock in a report on Monday, August 12th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $89.27.

BUD opened at $92.63 on Wednesday. The stock has a market capitalization of $156.25 billion, a price-to-earnings ratio of 26.93, a PEG ratio of 2.04 and a beta of 1.16. The company has a fifty day moving average of $95.41 and a 200 day moving average of $86.88. Anheuser Busch Inbev NV has a fifty-two week low of $64.54 and a fifty-two week high of $102.70. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.41 and a current ratio of 0.54.

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

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.

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

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