SageView Advisory Group LLC Has $499,000 Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

SageView Advisory Group LLC trimmed its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 45.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,963 shares of the consumer goods maker's stock after selling 8,339 shares during the quarter. SageView Advisory Group LLC's holdings in Anheuser-Busch InBev SA/NV were worth $499,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of BUD. R Squared Ltd purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at approximately $30,000. Rakuten Securities Inc. lifted its holdings in Anheuser-Busch InBev SA/NV by 2,722.7% in the fourth quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock worth $31,000 after acquiring an additional 599 shares during the last quarter. Whipplewood Advisors LLC acquired a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $36,000. Anchor Investment Management LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 120.6% during the third quarter. Anchor Investment Management LLC now owns 772 shares of the consumer goods maker's stock valued at $51,000 after purchasing an additional 422 shares during the last quarter. Finally, Empowered Funds LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $49,000. Institutional investors and hedge funds own 5.53% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. TD Cowen lowered their price objective on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating for the company in a research note 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 report on Monday, March 3rd. Berenberg Bank began coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They issued a "buy" rating for the company. StockNews.com cut Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a report on Wednesday. Finally, Argus raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price objective for the company in a report on Thursday, March 27th. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $66.00.

Anheuser-Busch InBev SA/NV Price Performance

BUD traded up $0.91 during trading on Friday, reaching $65.55. The stock had a trading volume of 3,321,557 shares, compared to its average volume of 1,868,722. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.49. The firm has a market capitalization of $117.80 billion, a price-to-earnings ratio of 20.23, a price-to-earnings-growth ratio of 1.73 and a beta of 0.80. The stock has a 50 day moving average of $59.94 and a two-hundred day moving average of $56.66. 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 announced its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. The business had revenue of $14.84 billion during the quarter, compared to analysts' expectations of $14.07 billion. As a group, equities 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.