Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Everett Harris & Co. CA

Everett Harris & Co. CA cut its position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 10.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 249,651 shares of the consumer goods maker's stock after selling 30,420 shares during the period. Everett Harris & Co. CA's holdings in Anheuser-Busch InBev SA/NV were worth $12,500,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Fisher Asset Management LLC grew its position 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 purchasing an additional 587,329 shares in the last quarter. Holocene Advisors LP boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 22.8% during the 3rd quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker's stock worth $287,144,000 after buying an additional 803,257 shares during the period. Douglass Winthrop Advisors LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 2.9% in the third quarter. Douglass Winthrop Advisors LLC now owns 1,286,674 shares of the consumer goods maker's stock valued at $85,294,000 after acquiring an additional 35,757 shares during the period. Seafarer Capital Partners LLC grew its position in Anheuser-Busch InBev SA/NV by 11.2% during the third quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker's stock worth $70,201,000 after buying an additional 107,000 shares in the last quarter. Finally, FMR LLC raised 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 in the last quarter. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Stock Up 0.7 %

NYSE:BUD traded up $0.33 on Wednesday, reaching $49.03. 1,101,904 shares of the stock traded hands, compared to its average volume of 2,348,142. The company has a market capitalization of $88.11 billion, a price-to-earnings ratio of 15.13, a PEG ratio of 1.60 and a beta of 1.08. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The company's fifty day simple moving average is $50.26 and its 200 day simple moving average is $57.65.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on BUD shares. Barclays raised Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a report on Wednesday, October 9th. TD Cowen decreased their price target on 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. One analyst has rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $64.00.

Anheuser-Busch InBev SA/NV 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.