Brookstone Capital Management Purchases New Shares in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Brookstone Capital Management purchased a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,426 shares of the consumer goods maker’s stock, valued at approximately $221,000.

Several other institutional investors have also added to or reduced their stakes in the company. Householder Group Estate & Retirement Specialist LLC acquired a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at $26,000. Anchor Investment Management LLC acquired a new position in Anheuser-Busch InBev SA/NV in the 4th quarter valued at $26,000. Bessemer Group Inc. raised its holdings in Anheuser-Busch InBev SA/NV by 253.0% in the 2nd quarter. Bessemer Group Inc. now owns 533 shares of the consumer goods maker’s stock valued at $30,000 after acquiring an additional 382 shares in the last quarter. GPS Wealth Strategies Group LLC raised its holdings in 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 acquiring an additional 493 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in 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 acquiring an additional 501 shares in the last quarter. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Trading Up 0.8 %

NYSE BUD opened at $60.84 on Thursday. The business’s 50-day moving average price is $62.21 and its two-hundred day moving average price is $60.41. Anheuser-Busch InBev SA/NV has a 12 month low of $51.66 and a 12 month high of $67.09. The firm has a market capitalization of $105.69 billion, a PE ratio of 22.95, a price-to-earnings-growth ratio of 1.84 and a beta of 1.13. The company has a current ratio of 0.63, a quick ratio of 0.48 and a debt-to-equity ratio of 0.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. Anheuser-Busch InBev SA/NV had a return on equity of 13.57% and a net margin of 8.99%. The firm had revenue of $14.47 billion for the quarter, compared to analyst estimates of $15.34 billion. During the same quarter in the previous year, the company posted $0.98 EPS. On average, analysts expect that Anheuser-Busch InBev SA/NV will post 3.47 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. BNP Paribas cut Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a report on Friday, January 12th. UBS Group raised Anheuser-Busch InBev SA/NV from a “sell” rating to a “neutral” rating in a report on Tuesday, December 5th. Deutsche Bank Aktiengesellschaft cut Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a report on Monday, December 4th. Jefferies Financial Group raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and boosted their price target for the stock from $60.00 to $76.00 in a report on Wednesday, January 10th. Finally, JPMorgan Chase & Co. boosted their price target on Anheuser-Busch InBev SA/NV from $76.00 to $79.00 and gave the stock an “overweight” rating in a report on Wednesday, November 29th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $71.70.

Anheuser-Busch InBev SA/NV Profile

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.