CHICAGO TRUST Co NA Boosts Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

CHICAGO TRUST Co NA raised its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 2.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,165 shares of the consumer goods maker’s stock after purchasing an additional 217 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Anheuser-Busch InBev SA/NV were worth $674,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. GPS Wealth Strategies Group LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 50.7% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock valued at $32,000 after buying an additional 185 shares during the period. Blue Trust Inc. increased its stake in Anheuser-Busch InBev SA/NV by 225.0% during the second quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker’s stock worth $33,000 after purchasing an additional 378 shares during the period. Addison Advisors LLC increased its stake in Anheuser-Busch InBev SA/NV by 39.7% during the second quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock worth $34,000 after purchasing an additional 168 shares during the period. Hantz Financial Services Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the second quarter worth about $35,000. Finally, Valley Wealth Managers Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV in the second quarter valued at approximately $38,000. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Trading Up 1.2 %

BUD opened at $64.85 on Monday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. Anheuser-Busch InBev SA/NV has a one year low of $52.36 and a one year high of $67.49. The company has a market cap of $116.55 billion, a P/E ratio of 27.25, a PEG ratio of 1.77 and a beta of 1.10. The business’s 50-day simple moving average is $62.95 and its 200-day simple moving average is $61.70.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Thursday, August 1st. The consumer goods maker reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 9.89% and a return on equity of 14.77%. The company had revenue of $15.33 billion for the quarter, compared to analysts’ expectations of $15.21 billion. During the same quarter last year, the company earned $0.72 earnings per share. As a group, equities research analysts expect that Anheuser-Busch InBev SA/NV will post 3.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on BUD. Evercore ISI raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research note on Monday, September 30th. Citigroup upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Tuesday, October 1st. UBS Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Monday, June 24th. Barclays raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. Finally, Morgan Stanley boosted their price objective on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 10th. Three analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $79.00.

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.