Anheuser-Busch Inbev SA (BUD) Shares Sold by Wedbush Securities Inc.

Wedbush Securities Inc. reduced its position in Anheuser-Busch Inbev SA (NYSE:BUD) by 25.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,319 shares of the consumer goods maker’s stock after selling 1,481 shares during the period. Wedbush Securities Inc.’s holdings in Anheuser-Busch Inbev SA were worth $477,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Keystone Financial Planning Inc. boosted its stake in shares of Anheuser-Busch Inbev SA by 3.6% in the second quarter. Keystone Financial Planning Inc. now owns 12,351 shares of the consumer goods maker’s stock valued at $1,363,000 after buying an additional 433 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of Anheuser-Busch Inbev SA by 14.2% in the second quarter. First Trust Advisors LP now owns 182,384 shares of the consumer goods maker’s stock valued at $20,128,000 after buying an additional 22,733 shares in the last quarter. Wetherby Asset Management Inc. boosted its stake in shares of Anheuser-Busch Inbev SA by 2.9% in the second quarter. Wetherby Asset Management Inc. now owns 8,211 shares of the consumer goods maker’s stock valued at $907,000 after buying an additional 235 shares in the last quarter. St. James Investment Company LLC acquired a new stake in shares of Anheuser-Busch Inbev SA during the second quarter valued at approximately $1,104,000. Finally, Trexquant Investment LP acquired a new stake in shares of Anheuser-Busch Inbev SA during the second quarter valued at approximately $320,000. 5.29% of the stock is owned by institutional investors.

Anheuser-Busch Inbev SA (NYSE BUD) opened at 117.75 on Thursday. The firm has a market cap of $227.69 billion, a PE ratio of 58.70 and a beta of 1.07. Anheuser-Busch Inbev SA has a one year low of $98.28 and a one year high of $136.08. The company’s 50-day moving average is $115.38 and its 200-day moving average is $112.82. Anheuser-Busch Inbev SA also saw unusually large options trading activity on Wednesday. Investors bought 446 call options on the stock. This is an increase of approximately 120% compared to the typical volume of 203 call options.

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

COPYRIGHT VIOLATION WARNING: This article was originally published by Community Financial News and is the sole property of of Community Financial News. If you are accessing this article on another site, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The original version of this article can be viewed at https://www.com-unik.info/2017/08/17/anheuser-busch-inbev-sa-bud-shares-sold-by-wedbush-securities-inc.html.

Several equities research analysts have recently commented on the stock. BidaskClub cut shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th. Susquehanna Bancshares Inc reiterated a “neutral” rating and set a $125.00 price target (up previously from $111.00) on shares of Anheuser-Busch Inbev SA in a research report on Tuesday, August 1st. Jefferies Group LLC set a $139.00 price target on shares of Anheuser-Busch Inbev SA and gave the stock a “buy” rating in a research report on Saturday, July 29th. Stifel Nicolaus reiterated a “buy” rating on shares of Anheuser-Busch Inbev SA in a research report on Friday, July 28th. Finally, Zacks Investment Research upgraded shares of Anheuser-Busch Inbev SA from a “hold” rating to a “buy” rating and set a $128.00 price target for the company in a research report on Wednesday, July 19th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target 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)

What are top analysts saying about Anheuser-Busch Inbev SA? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Anheuser-Busch Inbev SA and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit