Simon Quick Advisors LLC Takes $275,000 Position in Anheuser-Busch InBev SA/NV $BUD

Simon Quick Advisors LLC bought a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 3,995 shares of the consumer goods maker’s stock, valued at approximately $275,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of BUD. Whipplewood Advisors LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 55.2% in 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 stake in shares of Anheuser-Busch InBev SA/NV by 65.1% in the 1st quarter. Larson Financial Group LLC now owns 964 shares of the consumer goods maker’s stock valued at $59,000 after acquiring an additional 380 shares during the last quarter. Reyes Financial Architecture Inc. bought a new position in Anheuser-Busch InBev SA/NV during the 2nd quarter valued at approximately $59,000. GAMMA Investing LLC raised its position in Anheuser-Busch InBev SA/NV by 27.0% during the 1st quarter. GAMMA Investing LLC now owns 1,158 shares of the consumer goods maker’s stock valued at $71,000 after purchasing an additional 246 shares during the last quarter. Finally, Trust Co. of Toledo NA OH bought a new position in Anheuser-Busch InBev SA/NV during the 2nd quarter valued at approximately $72,000. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Up 0.4%

Shares of NYSE:BUD opened at $61.16 on Tuesday. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $72.13. The firm has a market capitalization of $119.43 billion, a P/E ratio of 17.18, a P/E/G ratio of 1.75 and a beta of 0.76. The stock has a 50 day moving average price of $60.24 and a 200-day moving average price of $64.62. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.During the same period last year, the company posted $0.98 earnings per share. Anheuser-Busch InBev SA/NV’s quarterly revenue was up .6% compared to the same quarter last year. As a group, equities research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on BUD. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday. Morningstar raised Anheuser-Busch InBev SA/NV to a “buy” rating in a research report on Thursday, September 18th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, October 30th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, October 21st. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $71.00.

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.