HBK Investments L P Sells 214,600 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

HBK Investments L P lowered its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 27.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 572,152 shares of the consumer goods maker's stock after selling 214,600 shares during the quarter. Anheuser-Busch InBev SA/NV accounts for 0.6% of HBK Investments L P's portfolio, making the stock its 14th largest position. HBK Investments L P's holdings in Anheuser-Busch InBev SA/NV were worth $37,928,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in BUD. Fisher Asset Management LLC boosted its holdings in shares of 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 worth $683,252,000 after buying an additional 587,329 shares during the last quarter. Douglass Winthrop Advisors LLC raised its position in 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 worth $85,294,000 after acquiring an additional 35,757 shares during the period. Seafarer Capital Partners LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 11.2% during the 3rd quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker's stock worth $70,201,000 after acquiring an additional 107,000 shares during the last quarter. Armistice Capital LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 19.5% during the 2nd quarter. Armistice Capital LLC now owns 839,000 shares of the consumer goods maker's stock valued at $48,788,000 after acquiring an additional 137,000 shares during the period. Finally, FMR LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 7.0% in the 3rd quarter. FMR LLC now owns 732,459 shares of the consumer goods maker's stock worth $48,555,000 after purchasing an additional 47,684 shares in the last quarter. Institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Price Performance

BUD stock traded down $0.28 during midday trading on Friday, hitting $53.80. The company's stock had a trading volume of 1,234,395 shares, compared to its average volume of 1,646,991. 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 12 month low of $53.16 and a 12 month high of $67.49. The company has a 50 day moving average of $61.30 and a two-hundred day moving average of $61.58. The firm has a market capitalization of $96.69 billion, a price-to-earnings ratio of 16.69, a price-to-earnings-growth ratio of 1.73 and a beta of 1.12.

Analyst Ratings Changes

Several research firms recently weighed in on BUD. Barclays upgraded Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a research report on Wednesday, October 9th. Citigroup upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating in a research note on Tuesday, October 1st. Evercore ISI raised shares of Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a report on Monday, September 30th. TD Cowen downgraded shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating and lifted their price target for the company from $68.00 to $88.00 in a report on Tuesday, October 8th. Finally, Morgan Stanley upped their price target on shares of Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 10th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $79.00.

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.