EverSource Wealth Advisors LLC Has $203,000 Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

EverSource Wealth Advisors LLC boosted its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 78.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,053 shares of the consumer goods maker’s stock after buying an additional 1,786 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $203,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Moors & Cabot Inc. boosted its stake in Anheuser-Busch InBev SA/NV by 4.6% in the fourth quarter. Moors & Cabot Inc. now owns 5,329 shares of the consumer goods maker’s stock valued at $267,000 after buying an additional 234 shares in the last quarter. GC Wealth Management RIA LLC raised its position in Anheuser-Busch InBev SA/NV by 11.5% in the fourth quarter. GC Wealth Management RIA LLC now owns 10,502 shares of the consumer goods maker’s stock valued at $526,000 after purchasing an additional 1,083 shares during the last quarter. NBT Bank N A NY raised its position in Anheuser-Busch InBev SA/NV by 19.0% in the fourth quarter. NBT Bank N A NY now owns 3,860 shares of the consumer goods maker’s stock valued at $193,000 after purchasing an additional 615 shares during the last quarter. Ruffer LLP raised its position in Anheuser-Busch InBev SA/NV by 50.0% in the fourth quarter. Ruffer LLP now owns 45,000 shares of the consumer goods maker’s stock valued at $2,253,000 after purchasing an additional 15,000 shares during the last quarter. Finally, West Family Investments Inc. raised its position in Anheuser-Busch InBev SA/NV by 27.9% in the fourth quarter. West Family Investments Inc. now owns 5,576 shares of the consumer goods maker’s stock valued at $279,000 after purchasing an additional 1,215 shares during the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD opened at $62.40 on Monday. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The company has a market capitalization of $112.14 billion, a price-to-earnings ratio of 19.26, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. The business has a 50-day moving average of $52.94 and a 200-day moving average of $56.81.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The company had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. As a group, equities research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have commented on the company. TD Cowen dropped their target price on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. One analyst has rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $64.00.

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.