XY Capital Ltd Sells 8,335 Shares of Anheuser-Busch InBev SA/NV $BUD

XY Capital Ltd lessened its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 22.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,626 shares of the consumer goods maker’s stock after selling 8,335 shares during the quarter. Anheuser-Busch InBev SA/NV comprises about 1.2% of XY Capital Ltd’s investment portfolio, making the stock its 18th biggest position. XY Capital Ltd’s holdings in Anheuser-Busch InBev SA/NV were worth $1,833,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of BUD. AQR Capital Management LLC raised its holdings in Anheuser-Busch InBev SA/NV by 52.9% in the 1st quarter. AQR Capital Management LLC now owns 9,036 shares of the consumer goods maker’s stock worth $556,000 after acquiring an additional 3,127 shares during the period. NewEdge Advisors LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 7.8% during the 1st quarter. NewEdge Advisors LLC now owns 8,869 shares of the consumer goods maker’s stock worth $546,000 after purchasing an additional 642 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 25.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock worth $81,151,000 after purchasing an additional 265,783 shares during the period. Russell Investments Group Ltd. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 40.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 9,562 shares of the consumer goods maker’s stock worth $657,000 after purchasing an additional 2,736 shares during the period. Finally, New York State Common Retirement Fund bought a new position in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter worth about $120,000. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $82.37 on Friday. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 0.74. The stock has a market cap of $160.67 billion, a P/E 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. The company’s 50-day simple moving average is $77.80 and its 200 day simple moving average is $72.34.

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft restated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, May 6th. The Goldman Sachs Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, May 7th. Jefferies Financial Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 5th. Berenberg Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, June 5th. Finally, Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 19th. Eleven equities 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, the stock has a consensus rating of “Moderate Buy” and a consensus 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.