Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lowered its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 27.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,155 shares of the consumer goods maker's stock after selling 15,715 shares during the period. Charles Schwab Investment Management Inc.'s holdings in Anheuser-Busch InBev SA/NV were worth $2,111,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Holocene Advisors LP raised its holdings in Anheuser-Busch InBev SA/NV by 22.8% in the 3rd 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 during the last quarter. FMR LLC increased its stake in 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 purchasing an additional 47,684 shares during the last quarter. Alberta Investment Management Corp purchased a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth about $28,540,000. Penn Davis Mcfarland Inc. boosted its stake in Anheuser-Busch InBev SA/NV by 34.0% in the 4th quarter. Penn Davis Mcfarland Inc. now owns 467,519 shares of the consumer goods maker's stock worth $23,409,000 after buying an additional 118,686 shares during the last quarter. Finally, GFS Advisors LLC grew its holdings in Anheuser-Busch InBev SA/NV by 8.0% in the 4th quarter. GFS Advisors LLC now owns 211,825 shares of the consumer goods maker's stock valued at $10,606,000 after buying an additional 15,770 shares during the period. Hedge funds and other institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Up 0.8 %

Shares of NYSE:BUD traded up $0.49 during midday trading on Wednesday, hitting $62.09. 2,295,637 shares of the company's stock traded hands, compared to its average volume of 1,777,647. The firm's fifty day moving average price is $56.73 and its two-hundred day moving average price is $56.79. 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 has a twelve month low of $45.94 and a twelve month high of $67.49. The company has a market cap of $111.59 billion, a PE ratio of 19.16, a P/E/G ratio of 1.73 and a beta of 0.96.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued 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. The company had revenue of $14.84 billion for the quarter, compared to analysts' expectations of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. On average, equities research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Argus raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 target price on the stock in a research report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. Berenberg Bank initiated coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday. They set a "buy" rating for the company. Finally, TD Cowen reduced their target price on 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, six have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $66.00.

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.