Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Douglass Winthrop Advisors LLC

Douglass Winthrop Advisors LLC lessened its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 51.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 623,508 shares of the consumer goods maker's stock after selling 663,166 shares during the quarter. Douglass Winthrop Advisors LLC's holdings in Anheuser-Busch InBev SA/NV were worth $31,219,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of BUD. Natixis Advisors LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 3.0% during the third quarter. Natixis Advisors LLC now owns 159,576 shares of the consumer goods maker's stock valued at $10,578,000 after acquiring an additional 4,615 shares during the last quarter. Thrivent Financial for Lutherans acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter worth about $220,000. Pathstone Holdings LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 9.9% during the third quarter. Pathstone Holdings LLC now owns 144,066 shares of the consumer goods maker's stock worth $9,550,000 after buying an additional 13,008 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Anheuser-Busch InBev SA/NV in the third quarter valued at approximately $1,865,000. Finally, Thompson Siegel & Walmsley LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 10.7% during the third quarter. Thompson Siegel & Walmsley LLC now owns 152,567 shares of the consumer goods maker's stock valued at $10,114,000 after buying an additional 14,781 shares during the period. Hedge funds and other institutional investors own 5.53% of the company's stock.

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Anheuser-Busch InBev SA/NV Trading Up 0.4 %

Shares of BUD traded up $0.23 during mid-day trading on Tuesday, hitting $61.76. The company had a trading volume of 1,522,525 shares, compared to its average volume of 1,752,293. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.49. The business's 50-day simple moving average is $54.71 and its 200-day simple moving average is $56.85. The stock has a market cap of $110.99 billion, a PE ratio of 19.06, a P/E/G ratio of 1.73 and a beta of 0.96. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, beating analysts' consensus estimates of $0.75 by $0.13. The company had revenue of $14.84 billion for the quarter, compared to analyst estimates of $14.07 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. Sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have commented on the stock. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. TD Cowen decreased their price objective on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating on the stock in a report on Wednesday, January 8th. One analyst has rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $64.00.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.