Clearbridge Investments LLC Reduces Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Clearbridge Investments LLC decreased its position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 18.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 93,311 shares of the consumer goods maker's stock after selling 20,757 shares during the period. Clearbridge Investments LLC's holdings in Anheuser-Busch InBev SA/NV were worth $4,672,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of BUD. Legacy Investment Solutions LLC bought a new position in Anheuser-Busch InBev SA/NV during the third quarter worth $27,000. R Squared Ltd bought a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth about $30,000. Rakuten Securities Inc. grew its stake in shares of Anheuser-Busch InBev SA/NV by 2,722.7% in the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock valued at $31,000 after buying an additional 599 shares during the period. Whipplewood Advisors LLC bought a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $36,000. Finally, Empowered Funds LLC acquired a new position in Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $49,000. Institutional investors own 5.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. TD Cowen reduced their price objective on 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 began coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They issued a "buy" rating for the company. StockNews.com upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Thursday, April 3rd. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. Finally, Argus raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 target price for the company in a research report on Thursday, March 27th. 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 data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $66.00.

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Anheuser-Busch InBev SA/NV Stock Up 1.3 %

Shares of BUD traded up $0.79 during trading hours on Tuesday, reaching $60.06. 1,049,696 shares of the stock traded hands, compared to its average volume of 2,446,871. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $67.49. The company has a market cap of $107.95 billion, a price-to-earnings ratio of 18.52, a PEG ratio of 1.73 and a beta of 0.80. The stock has a fifty day simple moving average of $57.45 and a 200 day simple moving average of $56.67. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, topping the consensus estimate of $0.75 by $0.13. The firm had revenue of $14.84 billion for the quarter, compared to analysts' expectations of $14.07 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. On average, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current 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.