Weybosset Research & Management LLC Has $5.161 Million Stake in Anheuser Busch Inbev NV (BUD)

Weybosset Research & Management LLC increased its stake in Anheuser Busch Inbev NV (NYSE:BUD) by 2.3% during the first quarter, Holdings Channel reports. The institutional investor owned 47,021 shares of the company’s stock after buying an additional 1,037 shares during the period. Anheuser Busch Inbev NV comprises 3.5% of Weybosset Research & Management LLC’s investment portfolio, making the stock its 14th largest position. Weybosset Research & Management LLC’s holdings in Anheuser Busch Inbev NV were worth $5,161,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. BOKF NA increased its stake in shares of Anheuser Busch Inbev NV by 0.7% in the third quarter. BOKF NA now owns 4,224 shares of the company’s stock valued at $555,000 after buying an additional 28 shares in the last quarter. Caz Investments LP increased its stake in shares of Anheuser Busch Inbev NV by 0.3% in the third quarter. Caz Investments LP now owns 9,900 shares of the company’s stock valued at $1,301,000 after buying an additional 30 shares in the last quarter. Berkshire Asset Management LLC PA increased its stake in shares of Anheuser Busch Inbev NV by 2.9% in the third quarter. Berkshire Asset Management LLC PA now owns 1,975 shares of the company’s stock valued at $260,000 after buying an additional 55 shares in the last quarter. Raymond James Trust N.A. increased its stake in shares of Anheuser Busch Inbev NV by 1.0% in the first quarter. Raymond James Trust N.A. now owns 7,536 shares of the company’s stock valued at $827,000 after buying an additional 73 shares in the last quarter. Finally, Sather Financial Group Inc increased its stake in shares of Anheuser Busch Inbev NV by 0.6% in the fourth quarter. Sather Financial Group Inc now owns 16,300 shares of the company’s stock valued at $1,719,000 after buying an additional 100 shares in the last quarter.

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

Shares of Anheuser Busch Inbev NV (NYSE:BUD) traded down 0.68% during mid-day trading on Thursday, hitting $109.49. 443,753 shares of the stock were exchanged. The company has a 50-day moving average of $109.62 and a 200 day moving average of $110.66. Anheuser Busch Inbev NV has a one year low of $98.28 and a one year high of $136.08. The stock has a market cap of $211.72 billion and a PE ratio of 154.87.

Anheuser Busch Inbev NV (NYSE:BUD) last announced its quarterly earnings data on Thursday, March 2nd. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by $0.60. The company had revenue of $14.20 billion for the quarter, compared to analyst estimates of $14.04 billion. The business’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.56 earnings per share. On average, equities analysts predict that Anheuser Busch Inbev NV will post $4.35 earnings per share for the current year.

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Several equities research analysts have weighed in on the company. Jefferies Group LLC reaffirmed a “buy” rating on shares of Anheuser Busch Inbev NV in a research report on Sunday, January 8th. Zacks Investment Research downgraded Anheuser Busch Inbev NV from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 8th. Vetr upgraded Anheuser Busch Inbev NV from a “hold” rating to a “buy” rating and set a $112.84 target price on the stock in a research report on Thursday, March 2nd. Bank of America Corp cut Anheuser Busch Inbev NV from a “buy” rating to a “neutral” rating and dropped their target price for the company from $120.00 to $115.00 in a research report on Thursday, March 2nd. Finally, Investec lowered shares of Anheuser Busch Inbev NV from a “buy” rating to a “hold” rating in a research note on Thursday, December 29th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have assigned a buy rating to the company. Anheuser Busch Inbev NV presently has an average rating of “Hold” and an average target price of $125.61.

About Anheuser Busch Inbev NV

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.

5 Day Chart for NYSE:BUD

Want to see what other hedge funds are holding BUD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anheuser Busch Inbev NV (NYSE:BUD).

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