ABC Arbitrage SA Sells 14,323 Shares of Anheuser-Busch InBev SA/NV $BUD

ABC Arbitrage SA decreased its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 17.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 68,716 shares of the consumer goods maker’s stock after selling 14,323 shares during the period. ABC Arbitrage SA’s holdings in Anheuser-Busch InBev SA/NV were worth $4,767,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in BUD. Bogart Wealth LLC raised its holdings 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 worth $25,000 after acquiring an additional 380 shares during the last quarter. Birchwood Financial Partners Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth approximately $26,000. GHP Investment Advisors Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV in the first quarter valued at approximately $32,000. Parkside Financial Bank & Trust lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 79.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after purchasing an additional 220 shares in the last quarter. Finally, First Horizon Corp boosted its position in shares of Anheuser-Busch InBev SA/NV by 84.6% during the first quarter. First Horizon Corp now owns 502 shares of the consumer goods maker’s stock valued at $35,000 after buying an additional 230 shares during the last quarter. 5.53% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

BUD has been the topic of several recent analyst reports. Morgan Stanley dropped their price objective on Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an “overweight” rating on the stock in a research note on Thursday, July 2nd. Royal Bank Of Canada reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 5th. Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. DZ Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, May 21st. Finally, TD Cowen boosted their price target on shares of Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the stock a “hold” rating in a report on Friday, June 26th. Twelve research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Anheuser-Busch InBev SA/NV has a consensus rating of “Moderate Buy” and an average price target of $90.08.

Anheuser-Busch InBev SA/NV Trading Down 0.3%

NYSE BUD opened at $79.38 on Tuesday. The stock has a market capitalization of $154.83 billion, a price-to-earnings ratio of 21.69, a PEG ratio of 1.33 and a beta of 0.59. Anheuser-Busch InBev SA/NV has a one year low of $56.97 and a one year high of $85.56. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57. The business’s fifty day moving average is $81.22 and its 200-day moving average is $75.25.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. The business 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%. Equities research analysts predict that Anheuser-Busch InBev SA/NV will post 4.32 EPS for the current year.

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.