MAI Capital Management raised its stake in Anheuser Busch Inbev NV (NYSE:BUD) by 1.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 73,305 shares of the consumer goods maker’s stock after acquiring an additional 910 shares during the quarter. MAI Capital Management’s holdings in Anheuser Busch Inbev were worth $7,386,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. NorthCoast Asset Management LLC increased its holdings in Anheuser Busch Inbev by 126.5% in the second quarter. NorthCoast Asset Management LLC now owns 60,407 shares of the consumer goods maker’s stock valued at $6,087,000 after buying an additional 33,735 shares during the last quarter. Halsey Associates Inc. CT bought a new stake in Anheuser Busch Inbev in the second quarter valued at about $577,000. Griffin Asset Management Inc. increased its holdings in Anheuser Busch Inbev by 68.4% in the second quarter. Griffin Asset Management Inc. now owns 5,568 shares of the consumer goods maker’s stock valued at $561,000 after buying an additional 2,261 shares during the last quarter. Bridges Investment Management Inc. increased its holdings in Anheuser Busch Inbev by 22.4% in the second quarter. Bridges Investment Management Inc. now owns 5,457 shares of the consumer goods maker’s stock valued at $550,000 after buying an additional 1,000 shares during the last quarter. Finally, Cozad Asset Management Inc. bought a new stake in Anheuser Busch Inbev in the second quarter valued at about $519,000. 4.61% of the stock is currently owned by institutional investors.

Shares of BUD stock opened at $89.80 on Tuesday. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.67 and a quick ratio of 0.53. Anheuser Busch Inbev NV has a 52 week low of $87.32 and a 52 week high of $126.50. The company has a market capitalization of $151.19 billion, a price-to-earnings ratio of 22.23, a P/E/G ratio of 2.37 and a beta of 0.94.

Anheuser Busch Inbev (NYSE:BUD) last issued its earnings results on Thursday, July 26th. The consumer goods maker reported $1.10 EPS for the quarter, missing the Zacks’ consensus estimate of $1.11 by ($0.01). Anheuser Busch Inbev had a net margin of 14.26% and a return on equity of 21.16%. The company had revenue of $14.01 billion during the quarter, compared to analyst estimates of $14.16 billion. During the same quarter in the previous year, the firm earned $1.06 earnings per share. The business’s revenue was down 1.2% on a year-over-year basis. analysts predict that Anheuser Busch Inbev NV will post 4.56 earnings per share for the current fiscal year.

Several brokerages recently weighed in on BUD. Guggenheim began coverage on Anheuser Busch Inbev in a report on Thursday, September 13th. They issued a “buy” rating and a $107.00 price objective for the company. Societe Generale raised Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a report on Thursday, August 2nd. ValuEngine lowered Anheuser Busch Inbev from a “sell” rating to a “strong sell” rating in a report on Tuesday, May 22nd. Zacks Investment Research raised Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a report on Wednesday, September 5th. Finally, HSBC raised Anheuser Busch Inbev from a “hold” rating to a “buy” rating and set a $130.00 price objective for the company in a report on Monday, June 4th. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $119.41.

Anheuser Busch Inbev Profile

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol.

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

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