Anheuser-Busch InBev SA/NV $BUD Shares Sold by Great Lakes Advisors LLC

Great Lakes Advisors LLC lessened its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 6.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 259,967 shares of the consumer goods maker’s stock after selling 19,368 shares during the quarter. Great Lakes Advisors LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $16,648,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Fisher Asset Management LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 3.3% in the fourth quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker’s stock worth $728,801,000 after acquiring an additional 368,721 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Anheuser-Busch InBev SA/NV by 1.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 4,009,863 shares of the consumer goods maker’s stock worth $256,792,000 after acquiring an additional 42,009 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Anheuser-Busch InBev SA/NV by 12.8% in the third quarter. Bank of America Corp DE now owns 3,770,946 shares of the consumer goods maker’s stock worth $224,786,000 after acquiring an additional 426,495 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 22.9% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 1,511,840 shares of the consumer goods maker’s stock worth $90,121,000 after acquiring an additional 281,400 shares in the last quarter. Finally, Bank of Montreal Can lifted its stake in shares of Anheuser-Busch InBev SA/NV by 150.6% in the third quarter. Bank of Montreal Can now owns 1,188,876 shares of the consumer goods maker’s stock worth $70,869,000 after acquiring an additional 714,420 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Up 1.4%

Shares of Anheuser-Busch InBev SA/NV stock opened at $82.37 on Friday. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74. The business’s 50 day simple moving average is $77.80 and its 200-day simple moving average is $72.34. The stock has a market capitalization of $160.67 billion, a price-to-earnings ratio of 22.51, a PEG ratio of 1.31 and a beta of 0.59. Anheuser-Busch InBev SA/NV has a twelve month low of $56.97 and a twelve month high of $84.46.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share for the quarter. The business had revenue of $15.27 billion for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 16.34% and a net margin of 11.90%. Equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 4.32 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, June 5th. Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reissued a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, May 6th. SBG Securities lowered Anheuser-Busch InBev SA/NV to a “hold” rating in a report on Monday, March 2nd. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, May 7th. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $93.42.

Anheuser-Busch InBev SA/NV Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.