Outfitter Financial LLC Has $1.19 Million Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Outfitter Financial LLC increased its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 2.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,470 shares of the consumer goods maker’s stock after acquiring an additional 470 shares during the quarter. Outfitter Financial LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,190,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in BUD. Westside Investment Management Inc. grew its position in Anheuser-Busch InBev SA/NV by 15.1% during the second quarter. Westside Investment Management Inc. now owns 1,381 shares of the consumer goods maker’s stock valued at $80,000 after purchasing an additional 181 shares in the last quarter. GPS Wealth Strategies Group LLC grew its position in Anheuser-Busch InBev SA/NV by 50.7% during the second quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock valued at $32,000 after purchasing an additional 185 shares in the last quarter. Lake Street Advisors Group LLC grew its position in Anheuser-Busch InBev SA/NV by 1.8% during the first quarter. Lake Street Advisors Group LLC now owns 10,268 shares of the consumer goods maker’s stock valued at $624,000 after purchasing an additional 186 shares in the last quarter. CHICAGO TRUST Co NA grew its position in Anheuser-Busch InBev SA/NV by 1.9% in the first quarter. CHICAGO TRUST Co NA now owns 10,579 shares of the consumer goods maker’s stock worth $643,000 after acquiring an additional 196 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in Anheuser-Busch InBev SA/NV by 20.6% in the second quarter. GAMMA Investing LLC now owns 1,151 shares of the consumer goods maker’s stock worth $67,000 after acquiring an additional 197 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on BUD shares. Morgan Stanley decreased their target price on shares of Anheuser-Busch InBev SA/NV from $70.00 to $68.50 and set an “overweight” rating for the company in a research report on Tuesday, July 2nd. UBS Group raised shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $72.13.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of Anheuser-Busch InBev SA/NV stock traded down $0.08 on Friday, reaching $61.44. The stock had a trading volume of 702,439 shares, compared to its average volume of 1,719,976. The business’s 50-day moving average price is $60.51 and its two-hundred day moving average price is $61.15. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.48 and a current ratio of 0.63. Anheuser-Busch InBev SA/NV has a fifty-two week low of $51.66 and a fifty-two week high of $67.49. The stock has a market cap of $110.42 billion, a P/E ratio of 25.82, a price-to-earnings-growth ratio of 1.70 and a beta of 1.10.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Thursday, August 1st. The consumer goods maker reported $0.90 EPS for the quarter, beating the consensus estimate of $0.84 by $0.06. The firm had revenue of $15.33 billion during the quarter, compared to analysts’ expectations of $15.21 billion. Anheuser-Busch InBev SA/NV had a net margin of 9.89% and a return on equity of 21.74%. During the same period in the prior year, the company earned $0.72 EPS. On average, sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.35 EPS for the current year.

Anheuser-Busch InBev SA/NV Company 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.