CHICAGO TRUST Co NA Decreases Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

CHICAGO TRUST Co NA trimmed its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 25.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,592 shares of the consumer goods maker’s stock after selling 2,573 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Anheuser-Busch InBev SA/NV were worth $380,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 6.0% during 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 in the last quarter. Holocene Advisors LP grew its stake in 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 valued at $287,144,000 after acquiring an additional 803,257 shares in the last quarter. Douglass Winthrop Advisors LLC raised its holdings in Anheuser-Busch InBev SA/NV by 2.9% in the 3rd 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 last quarter. Seafarer Capital Partners LLC lifted its stake in Anheuser-Busch InBev SA/NV by 11.2% in 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 purchasing an additional 107,000 shares in the last quarter. Finally, Armistice Capital LLC boosted its holdings 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 worth $48,788,000 after purchasing an additional 137,000 shares during the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Stock Up 0.5 %

Anheuser-Busch InBev SA/NV stock opened at $46.38 on Tuesday. The firm has a market capitalization of $83.35 billion, a P/E ratio of 14.31, a P/E/G ratio of 1.68 and a beta of 1.09. The stock’s fifty day simple moving average is $52.75 and its 200-day simple moving average is $58.96. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve 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.

Wall Street Analyst Weigh In

BUD has been the topic of a number of analyst reports. Barclays upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. Evercore ISI raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. TD Cowen reduced their price target 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. Finally, Citigroup raised shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company has an average 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.