Anheuser-Busch Inbev SA (BUD) Shares Bought by Sky Investment Group LLC

Sky Investment Group LLC increased its stake in shares of Anheuser-Busch Inbev SA (NYSE:BUD) by 0.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,203 shares of the consumer goods maker’s stock after buying an additional 30 shares during the period. Sky Investment Group LLC’s holdings in Anheuser-Busch Inbev SA were worth $685,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Parallel Advisors LLC raised its position in Anheuser-Busch Inbev SA by 2.0% in the first quarter. Parallel Advisors LLC now owns 1,761 shares of the consumer goods maker’s stock valued at $199,000 after buying an additional 34 shares during the last quarter. Jacobus Wealth Management Inc. raised its position in shares of Anheuser-Busch Inbev SA by 4.2% in the first quarter. Jacobus Wealth Management Inc. now owns 1,042 shares of the consumer goods maker’s stock worth $114,000 after buying an additional 42 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its position in shares of Anheuser-Busch Inbev SA by 5.1% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,103 shares of the consumer goods maker’s stock worth $121,000 after buying an additional 54 shares in the last quarter. Private Wealth Partners LLC raised its position in shares of Anheuser-Busch Inbev SA by 3.1% in the first quarter. Private Wealth Partners LLC now owns 2,104 shares of the consumer goods maker’s stock worth $231,000 after buying an additional 64 shares in the last quarter. Finally, Mackenzie Financial Corp raised its position in shares of Anheuser-Busch Inbev SA by 0.5% in the first quarter. Mackenzie Financial Corp now owns 13,208 shares of the consumer goods maker’s stock worth $1,450,000 after buying an additional 69 shares in the last quarter. Institutional investors own 5.27% of the company’s stock.

Anheuser-Busch Inbev SA (NYSE BUD) opened at 115.82 on Friday. Anheuser-Busch Inbev SA has a one year low of $98.28 and a one year high of $136.08. The stock has a 50 day moving average of $115.08 and a 200 day moving average of $112.53. The company has a market cap of $223.96 billion, a PE ratio of 57.74 and a beta of 1.07.

Anheuser-Busch Inbev SA (NYSE:BUD) last released its quarterly earnings results on Thursday, July 27th. The consumer goods maker reported $0.95 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.14 by $0.19. Anheuser-Busch Inbev SA had a net margin of 7.37% and a return on equity of 13.61%. The company had revenue of $14.18 billion for the quarter, compared to analysts’ expectations of $14.15 billion. During the same quarter in the previous year, the company posted $1.06 EPS. The business’s quarterly revenue was up 31.2% on a year-over-year basis. On average, analysts anticipate that Anheuser-Busch Inbev SA will post $4.16 earnings per share for the current fiscal year.

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A number of equities analysts have weighed in on the stock. Jefferies Group LLC reiterated a “buy” rating and set a $132.00 target price on shares of Anheuser-Busch Inbev SA in a research report on Wednesday, June 28th. BidaskClub lowered shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a research report on Thursday. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Anheuser-Busch Inbev SA in a report on Monday, July 10th. Susquehanna Bancshares Inc reissued a “hold” rating and issued a $103.00 price target (up from $101.00) on shares of Anheuser-Busch Inbev SA in a report on Thursday, May 4th. Finally, Vetr downgraded shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating and set a $109.86 price target on the stock. in a report on Tuesday, April 25th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $128.10.

About Anheuser-Busch Inbev SA

Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

Institutional Ownership by Quarter for Anheuser-Busch Inbev SA (NYSE:BUD)

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