Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC reduced its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 6.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 81,576 shares of the consumer goods maker's stock after selling 5,939 shares during the quarter. Ironwood Investment Counsel LLC's holdings in Anheuser-Busch InBev SA/NV were worth $4,085,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its stake in Anheuser-Busch InBev SA/NV by 37.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker's stock worth $3,836,000 after buying an additional 15,837 shares during the period. Alberta Investment Management Corp purchased a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $28,540,000. Fisher Asset Management LLC increased its stake in Anheuser-Busch InBev SA/NV by 6.0% during the 3rd 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 period. B&D White Capital Company LLC purchased a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $290,000. Finally, Blue Trust Inc. increased its stake in Anheuser-Busch InBev SA/NV by 15.8% during the 4th quarter. Blue Trust Inc. now owns 3,409 shares of the consumer goods maker's stock worth $171,000 after buying an additional 464 shares during the period. 5.53% of the stock is currently owned by institutional investors and hedge funds.

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Anheuser-Busch InBev SA/NV Stock Up 0.3 %

Shares of NYSE:BUD traded up $0.18 during trading hours on Tuesday, reaching $63.51. The stock had a trading volume of 2,345,548 shares, compared to its average volume of 1,786,041. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49. The firm's 50 day moving average is $53.23 and its 200-day moving average is $56.82. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The stock has a market capitalization of $114.13 billion, a price-to-earnings ratio of 19.60, 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 posted its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, beating analysts' consensus estimates of $0.75 by $0.13. The firm had revenue of $14.84 billion for the quarter, compared to the consensus estimate of $14.07 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. Research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

BUD has been the topic of a number of recent analyst reports. TD Cowen dropped 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 report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Anheuser-Busch InBev SA/NV presently has a consensus rating of "Buy" and a consensus price target of $64.00.

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.