Atria Investments Inc Has $1.23 Million Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Atria Investments Inc trimmed its position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 27.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,506 shares of the consumer goods maker's stock after selling 9,041 shares during the quarter. Atria Investments Inc's holdings in Anheuser-Busch InBev SA/NV were worth $1,227,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Holocene Advisors LP grew its stake in shares of Anheuser-Busch InBev SA/NV by 22.8% in the third quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker's stock valued at $287,144,000 after acquiring an additional 803,257 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 6.0% in 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 purchasing an additional 587,329 shares during the period. Alberta Investment Management Corp acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $28,540,000. Penn Davis Mcfarland Inc. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 34.0% during the fourth quarter. Penn Davis Mcfarland Inc. now owns 467,519 shares of the consumer goods maker's stock worth $23,409,000 after purchasing an additional 118,686 shares during the period. Finally, FMR LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 7.0% in the third quarter. FMR LLC now owns 732,459 shares of the consumer goods maker's stock valued at $48,555,000 after buying an additional 47,684 shares in the last quarter. Institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE:BUD opened at $62.56 on Wednesday. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49. The stock has a market capitalization of $112.44 billion, a price-to-earnings ratio of 19.31, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The company's 50 day simple moving average is $52.19 and its 200 day simple moving average is $56.80.

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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, beating the consensus estimate of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The company had revenue of $14.84 billion for the quarter, compared to analyst estimates of $14.07 billion. As a group, research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have commented on BUD. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. TD Cowen decreased their price target on 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 investment 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 data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $64.00.

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.

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