Brown Brothers Harriman & Co. Trims Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Brown Brothers Harriman & Co. reduced its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 76.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,302 shares of the consumer goods maker's stock after selling 13,979 shares during the period. Brown Brothers Harriman & Co.'s holdings in Anheuser-Busch InBev SA/NV were worth $215,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in BUD. Orion Portfolio Solutions LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 28.7% during the fourth quarter. Orion Portfolio Solutions LLC now owns 18,802 shares of the consumer goods maker's stock worth $941,000 after buying an additional 4,192 shares in the last quarter. Artisan Partners Limited Partnership bought a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth about $56,849,000. Taikang Asset Management Hong Kong Co Ltd acquired a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth about $2,003,000. Congress Wealth Management LLC DE boosted its holdings in Anheuser-Busch InBev SA/NV by 64.5% in the 4th quarter. Congress Wealth Management LLC DE now owns 5,278 shares of the consumer goods maker's stock valued at $264,000 after purchasing an additional 2,070 shares during the period. Finally, LPL Financial LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 32.7% during the 4th quarter. LPL Financial LLC now owns 160,261 shares of the consumer goods maker's stock worth $8,024,000 after purchasing an additional 39,483 shares in the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

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Anheuser-Busch InBev SA/NV Stock Down 3.0 %

BUD stock traded down $1.91 during trading on Friday, reaching $60.99. The stock had a trading volume of 4,302,682 shares, compared to its average volume of 1,793,694. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $67.49. The company's 50 day moving average is $57.26 and its two-hundred day moving average is $56.75. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $109.61 billion, a price-to-earnings ratio of 18.82, a P/E/G ratio of 1.73 and a beta of 0.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings results 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. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. The company had revenue of $14.84 billion during the quarter, compared to analyst estimates of $14.07 billion. Equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on BUD shares. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. TD Cowen cut their target price on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating for the company in a research report on Wednesday, January 8th. Argus raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 target price on the stock in a report on Thursday, March 27th. StockNews.com upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Thursday. Finally, Berenberg Bank started coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday. They set a "buy" rating for the company. One investment analyst has rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $66.00.

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.