Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Cook & Bynum Capital Management LLC

Cook & Bynum Capital Management LLC lessened its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 6.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 426,871 shares of the consumer goods maker's stock after selling 28,000 shares during the period. Anheuser-Busch InBev SA/NV makes up approximately 13.9% of Cook & Bynum Capital Management LLC's holdings, making the stock its 2nd largest holding. Cook & Bynum Capital Management LLC's holdings in Anheuser-Busch InBev SA/NV were worth $21,373,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. R Squared Ltd purchased a new position in Anheuser-Busch InBev SA/NV during the 4th quarter valued at about $30,000. Rakuten Securities Inc. lifted its stake in shares of Anheuser-Busch InBev SA/NV by 2,722.7% during the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock worth $31,000 after purchasing an additional 599 shares during the last quarter. Whipplewood Advisors LLC bought a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter valued at about $36,000. Empowered Funds LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at about $49,000. Finally, Hurley Capital LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $49,000. Hedge funds and other institutional investors own 5.53% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BUD. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. TD Cowen lowered their target price on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating for the company in a research note on Wednesday, January 8th. Berenberg Bank started coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They issued a "buy" rating for the company. StockNews.com raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Thursday. Finally, Argus raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price target for the company in a research report on Thursday, March 27th. One analyst has rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Buy" and an average price target of $66.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD stock opened at $65.84 on Friday. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The company has a market cap of $118.33 billion, a P/E ratio of 20.32, a PEG ratio of 1.73 and a beta of 0.80. The firm has a fifty day moving average price of $61.29 and a 200 day moving average price of $56.66.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 15.29% and a net margin of 10.98%. Sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

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.