Anheuser-Busch InBev SA/NV $BUD Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC trimmed its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 14.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 53,907 shares of the consumer goods maker’s stock after selling 8,899 shares during the period. Commonwealth Equity Services LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $3,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Bogart Wealth LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 3,800.0% in the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after acquiring an additional 380 shares during the period. Leonteq Securities AG acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $48,000. Paradigm Asset Management Co. LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at $53,000. Fifth Third Bancorp increased its position in shares of Anheuser-Busch InBev SA/NV by 251.6% in the 4th quarter. Fifth Third Bancorp now owns 865 shares of the consumer goods maker’s stock valued at $55,000 after acquiring an additional 619 shares during the period. Finally, Elyxium Wealth LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $64,000. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD opened at $78.77 on Tuesday. The business’s 50-day moving average is $77.02 and its two-hundred day moving average is $71.91. The company has a market capitalization of $153.63 billion, a P/E ratio of 21.52, a P/E/G ratio of 1.27 and a beta of 0.59. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. Anheuser-Busch InBev SA/NV has a fifty-two week low of $56.97 and a fifty-two week high of $84.46.

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

Analyst Ratings Changes

Several equities analysts recently issued reports on BUD shares. Deutsche Bank Aktiengesellschaft reissued a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, May 6th. Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 19th. Wells Fargo & Company increased their price target on Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Finally, SBG Securities downgraded Anheuser-Busch InBev SA/NV to a “hold” rating in a research report on Monday, March 2nd. Eleven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV has a consensus rating of “Moderate Buy” and a consensus price target of $93.42.

About Anheuser-Busch InBev SA/NV

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.