Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Bleakley Financial Group LLC

Bleakley Financial Group LLC decreased its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 25.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,389 shares of the consumer goods maker's stock after selling 7,346 shares during the period. Bleakley Financial Group LLC's holdings in Anheuser-Busch InBev SA/NV were worth $1,071,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Charles Schwab Investment Management Inc. raised its holdings in Anheuser-Busch InBev SA/NV by 37.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker's stock valued at $3,836,000 after acquiring an additional 15,837 shares in the last quarter. Fisher Asset Management LLC raised its holdings in Anheuser-Busch InBev SA/NV by 6.0% in the third 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. raised its holdings in Anheuser-Busch InBev SA/NV by 15.8% in the fourth 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 acquired a new stake in Anheuser-Busch InBev SA/NV in the third quarter valued at approximately $1,865,000. Finally, Cerity Partners LLC raised its holdings in Anheuser-Busch InBev SA/NV by 61.9% in the third 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. Hedge funds and other institutional investors own 5.53% of the company's stock.

Wall Street Analyst Weigh In

Separately, TD Cowen cut their price objective 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. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $64.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of Anheuser-Busch InBev SA/NV stock traded up $1.15 during trading on Wednesday, reaching $52.22. The company's stock had a trading volume of 2,664,017 shares, compared to its average volume of 2,358,174. The firm has a market cap of $93.85 billion, a PE ratio of 16.12, a P/E/G ratio of 1.64 and a beta of 1.08. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $67.49. The company has a 50-day moving average price of $49.88 and a two-hundred day moving average price of $57.28. 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 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.