Charles Schwab Investment Management Inc. Has $2.11 Million Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

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

Several other institutional investors and hedge funds have also modified their holdings of the business. Holocene Advisors LP boosted its position in Anheuser-Busch InBev SA/NV by 22.8% during the third quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker's stock worth $287,144,000 after purchasing an additional 803,257 shares during the period. FMR LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 7.0% during the 3rd quarter. FMR LLC now owns 732,459 shares of the consumer goods maker's stock worth $48,555,000 after buying an additional 47,684 shares during the period. Alberta Investment Management Corp acquired a new position in Anheuser-Busch InBev SA/NV in the 4th quarter valued at $28,540,000. Penn Davis Mcfarland Inc. raised its holdings 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 acquiring an additional 118,686 shares during the period. Finally, GFS Advisors LLC lifted its position in Anheuser-Busch InBev SA/NV by 8.0% during the 4th quarter. GFS Advisors LLC now owns 211,825 shares of the consumer goods maker's stock worth $10,606,000 after acquiring an additional 15,770 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company's stock.

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Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Argus upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price objective on the stock in a research note on Thursday. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. Finally, TD Cowen lowered 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 research note on Wednesday, January 8th. One investment analyst has rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV currently has a consensus rating of "Buy" and a consensus price target of $66.00.

Anheuser-Busch InBev SA/NV Stock Performance

Anheuser-Busch InBev SA/NV stock traded down $0.55 during trading hours on Monday, hitting $61.49. The stock had a trading volume of 2,383,422 shares, compared to its average volume of 1,779,084. 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 market cap of $110.51 billion, a PE ratio of 18.98, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. The company has a 50-day moving average of $55.90 and a two-hundred day moving average of $56.80. 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 (NYSE:BUD - Get Free Report) last issued its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, topping the consensus estimate of $0.75 by $0.13. The firm had revenue of $14.84 billion during 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.

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.