Great Lakes Advisors LLC Has $14.76 Million Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Great Lakes Advisors LLC lessened its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 4.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 294,697 shares of the consumer goods maker’s stock after selling 12,307 shares during the quarter. Great Lakes Advisors LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $14,755,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Callan Capital LLC raised its position in Anheuser-Busch InBev SA/NV by 2.2% during the fourth quarter. Callan Capital LLC now owns 10,607 shares of the consumer goods maker’s stock worth $531,000 after acquiring an additional 229 shares in the last quarter. Moors & Cabot Inc. raised its position in Anheuser-Busch InBev SA/NV by 4.6% during the fourth quarter. Moors & Cabot Inc. now owns 5,329 shares of the consumer goods maker’s stock worth $267,000 after acquiring an additional 234 shares in the last quarter. Farther Finance Advisors LLC raised its position in Anheuser-Busch InBev SA/NV by 25.7% during the fourth quarter. Farther Finance Advisors LLC now owns 1,298 shares of the consumer goods maker’s stock worth $65,000 after acquiring an additional 265 shares in the last quarter. Ironwood Investment Counsel LLC raised its position in Anheuser-Busch InBev SA/NV by 0.4% during the third quarter. Ironwood Investment Counsel LLC now owns 87,515 shares of the consumer goods maker’s stock worth $5,801,000 after acquiring an additional 313 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC raised its position in Anheuser-Busch InBev SA/NV by 8.1% during the third quarter. Prime Capital Investment Advisors LLC now owns 4,363 shares of the consumer goods maker’s stock worth $289,000 after acquiring an additional 328 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD opened at $62.55 on Thursday. The firm has a market capitalization of $112.41 billion, a PE ratio of 19.30, a PEG ratio of 1.73 and a beta of 0.96. The company’s 50-day moving average is $52.44 and its 200-day moving average is $56.84. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $67.49. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data 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 net margin of 10.98% and a return on equity of 15.29%. The company had revenue of $14.84 billion for the quarter, compared to analyst estimates of $14.07 billion. Equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. 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. 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. One analyst has rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $64.00.

About Anheuser-Busch InBev SA/NV

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.