Anheuser-Busch InBev SA/NV $BUD Shares Sold by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. reduced its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 56.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,523 shares of the consumer goods maker’s stock after selling 8,406 shares during the period. Coldstream Capital Management Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $418,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 52.9% during the first quarter. AQR Capital Management LLC now owns 9,036 shares of the consumer goods maker’s stock worth $556,000 after purchasing an additional 3,127 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 7.8% during the first 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 last quarter. Goldman Sachs Group Inc. lifted its position in shares of Anheuser-Busch InBev SA/NV by 25.3% during the first 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 last quarter. Russell Investments Group Ltd. lifted its position in shares of Anheuser-Busch InBev SA/NV by 40.1% during the second 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 last quarter. Finally, New York State Common Retirement Fund acquired a new stake in Anheuser-Busch InBev SA/NV during the second quarter worth about $120,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on BUD shares. Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, May 6th. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, May 6th. Jefferies Financial Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 5th. JPMorgan Chase & Co. boosted their target price on Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 19th. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $93.42.

Anheuser-Busch InBev SA/NV Trading Down 2.3%

Shares of NYSE:BUD opened at $80.11 on Friday. The firm has a fifty day moving average of $75.72 and a two-hundred day moving average of $71.19. The firm has a market capitalization of $156.25 billion, a P/E ratio of 21.89, a price-to-earnings-growth ratio of 1.34 and a beta of 0.57. Anheuser-Busch InBev SA/NV has a 12-month low of $56.97 and a 12-month high of $84.46. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 0.74.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued 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 12.26%. The company had revenue of $15.27 billion during the quarter. On average, equities analysts expect that Anheuser-Busch InBev SA/NV will post 4.31 EPS for the current fiscal year.

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.