Koss Olinger Consulting LLC Sells 1,408 Shares of Anheuser-Busch InBev SA/NV $BUD

Koss Olinger Consulting LLC reduced its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 3.7% in the second quarter, Holdings Channel reports. The fund owned 37,141 shares of the consumer goods maker’s stock after selling 1,408 shares during the quarter. Koss Olinger Consulting LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $2,552,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BUD. Rossby Financial LCC bought a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter valued at approximately $49,000. Whipplewood Advisors LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 55.2% during the 2nd quarter. Whipplewood Advisors LLC now owns 841 shares of the consumer goods maker’s stock valued at $58,000 after acquiring an additional 299 shares during the last quarter. Larson Financial Group LLC lifted its position in Anheuser-Busch InBev SA/NV by 65.1% in the first quarter. Larson Financial Group LLC now owns 964 shares of the consumer goods maker’s stock worth $59,000 after buying an additional 380 shares during the last quarter. Reyes Financial Architecture Inc. bought a new stake in Anheuser-Busch InBev SA/NV in the second quarter worth $59,000. Finally, GAMMA Investing LLC lifted its position in Anheuser-Busch InBev SA/NV by 27.0% in the first quarter. GAMMA Investing LLC now owns 1,158 shares of the consumer goods maker’s stock worth $71,000 after buying an additional 246 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

BUD has been the subject of a number of analyst reports. The Goldman Sachs Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 25th. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 10th. Morningstar upgraded Anheuser-Busch InBev SA/NV to a “buy” rating in a research report on Thursday, September 18th. Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, October 21st. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 10th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $71.00.

Anheuser-Busch InBev SA/NV Stock Down 0.5%

NYSE:BUD opened at $61.29 on Monday. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $72.13. The company has a market cap of $119.69 billion, a price-to-earnings ratio of 17.22, a price-to-earnings-growth ratio of 1.75 and a beta of 0.76. The stock has a fifty day simple moving average of $60.44 and a 200-day simple moving average of $64.69. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.During the same quarter in the prior year, the business earned $0.90 earnings per share. The business’s quarterly revenue was down 2.1% compared to the same quarter last year. Analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

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.