Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Capco Asset Management LLC

Capco Asset Management LLC lessened its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 1.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 416,737 shares of the consumer goods maker's stock after selling 6,512 shares during the quarter. Anheuser-Busch InBev SA/NV comprises about 4.7% of Capco Asset Management LLC's investment portfolio, making the stock its 10th biggest holding. Capco Asset Management LLC's holdings in Anheuser-Busch InBev SA/NV were worth $20,866,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Callan Capital LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 2.2% in the 4th quarter. Callan Capital LLC now owns 10,607 shares of the consumer goods maker's stock worth $531,000 after acquiring an additional 229 shares during the last quarter. Moors & Cabot Inc. increased its stake in Anheuser-Busch InBev SA/NV by 4.6% in the 4th quarter. Moors & Cabot Inc. now owns 5,329 shares of the consumer goods maker's stock worth $267,000 after purchasing an additional 234 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 25.7% in the 4th quarter. Farther Finance Advisors LLC now owns 1,298 shares of the consumer goods maker's stock valued at $65,000 after acquiring an additional 265 shares in the last quarter. Ironwood Investment Counsel LLC boosted its stake in Anheuser-Busch InBev SA/NV by 0.4% in the 3rd quarter. Ironwood Investment Counsel LLC now owns 87,515 shares of the consumer goods maker's stock worth $5,801,000 after purchasing an additional 313 shares during the period. Finally, Legacy Investment Solutions LLC purchased a new position in Anheuser-Busch InBev SA/NV during the 3rd quarter worth approximately $27,000. Institutional investors own 5.53% of the company's stock.

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Analyst Ratings Changes

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

Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD traded up $0.23 during trading on Tuesday, reaching $61.76. 654,827 shares of the company traded hands, compared to its average volume of 2,340,257. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.49. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The stock's 50 day moving average price is $54.71 and its two-hundred day moving average price is $56.85. The company has a market cap of $110.99 billion, a price-to-earnings ratio of 19.06, a P/E/G ratio of 1.73 and a beta of 0.96.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.13. The company had revenue of $14.84 billion during 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%. As a group, analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

About Anheuser-Busch InBev SA/NV

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.