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Stockman Wealth Management Inc. buys 13,651 Anheuser-Busch InBev SA/NV shares (NYSE:BUD)

Stockman Wealth Management Inc. buys 13,651 Anheuser-Busch InBev SA/NV shares (NYSE:BUD)

Stockman Wealth Management Inc.

Increased its investment in the company by 11.1% during the third quarter, as stated in the most recent filing submitted to the Securities and Exchange Commission by Anheuser-Busch InBev SA/NV (NYSE: BUD). Following the acquisition of an additional 13,651 shares of the consumer goods manufacturer’s stock throughout that period, the total number of shares held by the company is now 136,537.

Anheuser-Busch InBev SA/NV is currently ranked number 25 on the rankings, and Stockman Wealth Management Inc. has approximately 1.7% of its portfolio invested in this company.

At the end of the most recent fiscal quarter, Stockman Wealth Management Inc.

Determined that Anheuser-Busch InBev SA/NV was worth $6,166,000.

Additionally updated are the percentage holdings in BUD owned by various other important investors.

Mhe completion of the acquisition of Anheuser-Busch InBev SA/NV by the Bank of New York Mellon Corporation occurred during the first quarter for an additional 8.7 percent of the purchase price.

Bank of New York Mellon Corp now owns 98,375 shares of the consumer goods manufacturer’s stock, which is currently valued at $5,909,000, after purchasing an additional 7,887 shares during the most recent period.

American Century Companies Inc.

Increased its holdings of Anheuser-Busch InBev SA/NV by 8.2 percent in the first three months of 2018. Following the acquisition of an additional 2,028 shares during the relevant period, American Century Companies Inc. now possesses 26,865 shares of the consumer goods manufacturer’s stock, with an estimated market value of $1,614,000.

During the first three months of this year, Citigroup Inc.

Increased the percentage of Anheuser-Busch InBev SA/NV stock owned by 13.2 percent.

After making an additional purchase of 6,742 shares during the quarter, Citigroup Inc. now has 57,729 shares of the consumer goods manufacturer’s stock in its possession.

Mhe current market price for all of these shares is $3,468,000.

During the first three months of this year, the holdings of Anheuser-Busch InBev SA/NV shares owned by the Bank of Montreal Can be increased by 14.1%.

Bank of Montreal Can now have a total of 35,077 shares of the stock of the consumer goods manufacturer after purchasing an additional 4,342 shares during the most recent quarter for a total of 35,342 shares.

Mhe value of these shares as of right now is $2,154,000 in total.

During the first three months of 2018, BlackRock Inc.

Increased the amount of Anheuser-Busch InBev SA/NV stock owned by 11.8%.

BlackRock Inc. now has a total of 356,048 shares of the consumer goods manufacturer’s stock following the acquisition of an additional 37,476 shares during the most recent period.

Mhe company’s stock is currently valued at $21,384,000 due to the combined effect of all of these shares.

At this time, institutions hold 5.53 percent of the total outstanding shares.
Several studies conducted and published not too long ago focused on BUD as their primary research subject.

Mhe “buy” recommendation that StockNews.com had previously issued for Anheuser-Busch InBev SA/NV was changed to a “hold” rating in a research report made available to the general public on Friday, November 11.

In a research note that was made public by Barclays on Monday, October 10, the company’s goal for Anheuser-Busch InBev SA/price NV was decreased from €78.00 ($84.78) to €74.00 ($80.43), and the company was given an “overweight” rating.

Mhe research note was made available online.

Mhe Royal Bank of Canada increased its price objective on Anheuser-Busch InBev SA/NV from €64.00 ($69.57) to €70.00 ($76.09) in a research note that was published on Wednesday, October 5.

In a research note published on January 12 that rated the company as such, UBS Group recommended “selling” shares of Anheuser-Busch InBev SA/NV and gave the company a rating as such. Finally, JPMorgan Chase & Co. raised their price objective for Anheuser-Busch InBev SA/NV from $45.00 to $70.00 in a research report published on November 28.

Before this, the price goal was set at $45.00.

In addition to that, they reclassified the stock’s weight as “overweight,” up from the previous classification of “underweight.” They explained their choice by stating that it was derived from their situation evaluation. Seven analysts have suggested buying the stock, four have suggested keeping it in one’s portfolio, and two have suggested selling it.

Mhe company is currently rated as having a consensus “Hold” recommendation, and its price target is an average of $64.70, as indicated by the data provided by Bloomberg.com.
The price of BUD fell by $0.95 on Friday at midday, reaching a new low of $58.71; the volume of shares traded was significantly lower than its typical level of 1,422,633 shares.

Mhe company has a price-to-earnings ratio of 23.10, a price-to-earnings-growth ratio of 1.91, and a beta value of 1.23.

Mhe market value of the company is currently sitting at $116.25 billion at the moment.

Mhe company is worthwhile to invest in due to its high return.

Anheuser-Busch InBev SA/52-week NV hit a low of $44.51 over the past 52 weeks, while the company reached a high of $66.05 over the same period.

Mhe company’s moving average over the past 50 days is $59.53, and the moving average over the past 200 days is $53.71.

A debt-to-equity ratio comes in at 0.99; a quick ratio comes in at 0.47; a current ratio comes in at 0.67; and a quick ratio comes in at 0.47.

On Thursday, October 27, Anheuser-Busch InBev SA/NV (NYSE: BUD) released its most recent quarterly earnings report.

Mhe report was for the most recent quarter.

Mhe maker of consumer goods reported earnings per share (EPS) of $0.81 for the quarter, which is $0.03 higher than the estimated $0.78 per share made by the market. However, the company only brought in $15.09 billion in revenue for the quarter, even though analysts predicted the company would bring in $15.12 billion in revenue for the quarter.

Anheuser-Busch InBev SA/NV had a return on equity of 15.51%, and the company had a net margin of 8.88%.

Both of these figures are percentages.

According to projections made by stock and share analysts, Anheuser-Busch InBev SA/NV is expected to have earnings of 2.93 cents per share in 2018.

Anheuser-Busch InBev SA/NV is a holding company engaged in producing and selling alcoholic and non-alcoholic beverages.

Its primary business is the production of alcoholic beverages.

Its geographical divisions include North America, the Middle Americas, South America, Europe, the Middle East, and Asia Pacific, in addition to Global Export and Holding Companies. North America, the Middle Americas, and South America are also included.

Would it be of interest to you to find out whether or not other hedge funds are monitoring BUD? By going to HoldingsChannel.com, you can obtain information regarding the most recent 13F filings and insider transactions for Anheuser-Busch InBev SA/NV (NYSE: BUD).

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