Sanctuary Advisors LLC Has $3.81 Million Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Sanctuary Advisors LLC decreased its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 8.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 76,534 shares of the consumer goods maker's stock after selling 6,825 shares during the quarter. Sanctuary Advisors LLC's holdings in Anheuser-Busch InBev SA/NV were worth $3,813,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. grew its position in Anheuser-Busch InBev SA/NV by 37.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker's stock worth $3,836,000 after purchasing an additional 15,837 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 6.0% during the 3rd quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker's stock valued at $683,252,000 after acquiring an additional 587,329 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Anheuser-Busch InBev SA/NV by 15.8% during the 4th quarter. Blue Trust Inc. now owns 3,409 shares of the consumer goods maker's stock valued at $171,000 after acquiring an additional 464 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter valued at $1,865,000. Finally, Cerity Partners LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 61.9% during the 3rd quarter. Cerity Partners LLC now owns 61,061 shares of the consumer goods maker's stock valued at $4,048,000 after acquiring an additional 23,348 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company's stock.

Wall Street Analyst Weigh In

Separately, 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 on the stock in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $64.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE:BUD traded up $0.47 during trading on Monday, hitting $54.48. 2,650,434 shares of the stock were exchanged, compared to its average volume of 2,251,096. 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 market capitalization of $97.90 billion, a price-to-earnings ratio of 16.81, a price-to-earnings-growth ratio of 1.73 and a beta of 1.08. The company's fifty day simple moving average is $49.89 and its 200-day simple moving average is $56.85. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69.

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.