GC Wealth Management RIA LLC Has $526,000 Stock Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

GC Wealth Management RIA LLC grew its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 11.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,502 shares of the consumer goods maker’s stock after acquiring an additional 1,083 shares during the quarter. GC Wealth Management RIA LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $526,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of BUD. Assetmark Inc. boosted its position in Anheuser-Busch InBev SA/NV by 12.7% during the 3rd quarter. Assetmark Inc. now owns 43,218 shares of the consumer goods maker’s stock worth $2,865,000 after acquiring an additional 4,863 shares during the last quarter. Tyler Stone Wealth Management boosted its position in Anheuser-Busch InBev SA/NV by 100.0% during the 3rd quarter. Tyler Stone Wealth Management now owns 4,200 shares of the consumer goods maker’s stock worth $278,000 after acquiring an additional 2,100 shares during the last quarter. Ashton Thomas Securities LLC acquired a new position in Anheuser-Busch InBev SA/NV during the 3rd quarter worth approximately $26,000. Prime Capital Investment Advisors LLC boosted its position in Anheuser-Busch InBev SA/NV by 8.1% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 4,363 shares of the consumer goods maker’s stock worth $289,000 after acquiring an additional 328 shares during the last quarter. Finally, Carrera Capital Advisors boosted its position in Anheuser-Busch InBev SA/NV by 18.7% during the 3rd quarter. Carrera Capital Advisors now owns 36,171 shares of the consumer goods maker’s stock worth $2,398,000 after acquiring an additional 5,700 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Up 0.2 %

Shares of Anheuser-Busch InBev SA/NV stock opened at $62.56 on Wednesday. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $67.49. The stock has a market cap of $112.44 billion, a P/E ratio of 19.31, a P/E/G ratio of 1.73 and a beta of 0.96. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The business’s 50 day moving average is $52.19 and its 200-day moving average is $56.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The business had revenue of $14.84 billion for the quarter, compared to analysts’ expectations of $14.07 billion. Equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. TD Cowen reduced their price target on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $64.00.

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.