Capital Group Private Client Services Inc. Has $10.89 Million Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Capital Group Private Client Services Inc. lowered its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 18.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 217,545 shares of the consumer goods maker's stock after selling 48,196 shares during the quarter. Capital Group Private Client Services Inc.'s holdings in Anheuser-Busch InBev SA/NV were worth $10,892,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. R Squared Ltd bought a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $30,000. Rakuten Securities Inc. raised its position in 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 purchasing an additional 599 shares during the last quarter. Whipplewood Advisors LLC acquired a new position in Anheuser-Busch InBev SA/NV in the fourth quarter worth $36,000. Empowered Funds LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth $49,000. Finally, Hurley Capital LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at $49,000. 5.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

BUD has been the topic of several research reports. StockNews.com downgraded shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Wednesday, April 16th. Berenberg Bank started coverage on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They set a "buy" rating on the stock. TD Cowen lowered their price target on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating for the company in a report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. Finally, Argus raised 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 note on Thursday, March 27th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $66.00.

Anheuser-Busch InBev SA/NV Trading Down 0.5 %

BUD stock traded down $0.34 during midday trading on Thursday, reaching $65.88. The company's stock had a trading volume of 474,264 shares, compared to its average volume of 1,857,965. The business's 50-day simple moving average is $61.04 and its 200-day simple moving average is $56.65. 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 52 week low of $45.94 and a 52 week high of $67.49. The stock has a market cap of $118.39 billion, a PE ratio of 20.34, a price-to-earnings-growth ratio of 1.73 and a beta of 0.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, topping 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 analysts' expectations of $14.07 billion. As a group, sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

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.