Bank of Montreal Can Sells 12,618 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Bank of Montreal Can trimmed its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 8.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 129,598 shares of the consumer goods maker's stock after selling 12,618 shares during the period. Bank of Montreal Can's holdings in Anheuser-Busch InBev SA/NV were worth $6,489,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Artisan Partners Limited Partnership bought a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $56,849,000. Raymond James Financial Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at $37,311,000. Alberta Investment Management Corp bought a new position in Anheuser-Busch InBev SA/NV in the fourth quarter worth $28,540,000. Clarkston Capital Partners LLC increased its holdings in Anheuser-Busch InBev SA/NV by 30.3% in the 4th quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker's stock valued at $74,797,000 after buying an additional 347,000 shares during the period. Finally, Trexquant Investment LP lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 884.4% during the 4th quarter. Trexquant Investment LP now owns 219,149 shares of the consumer goods maker's stock worth $10,973,000 after acquiring an additional 196,887 shares during the period. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Trading Up 1.4 %

NYSE BUD traded up $0.91 during trading hours on Friday, hitting $65.55. The company's stock had a trading volume of 3,321,557 shares, compared to its average volume of 1,868,722. The stock has a fifty day moving average of $59.94 and a 200 day moving average of $56.66. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $67.49. The firm has a market capitalization of $117.80 billion, a P/E ratio of 20.23, a PEG ratio of 1.73 and a beta of 0.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, beating analysts' consensus estimates 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 business had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. Equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on BUD. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. StockNews.com lowered Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Wednesday. 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 report on Wednesday, January 8th. Argus upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price target on the stock in a research report on Thursday, March 27th. Finally, Berenberg Bank started coverage on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a "buy" rating for the company. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Buy" and an average price target 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.