Anheuser-Busch InBev SA/NV (NYSE:BUD) Position Reduced by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. reduced its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 76.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,302 shares of the consumer goods maker’s stock after selling 13,979 shares during the period. Brown Brothers Harriman & Co.’s holdings in Anheuser-Busch InBev SA/NV were worth $215,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Thrivent Financial for Lutherans purchased a new position in Anheuser-Busch InBev SA/NV during the 3rd quarter worth approximately $220,000. Charles Schwab Investment Management Inc. boosted its stake in shares of 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 valued at $3,836,000 after buying an additional 15,837 shares during the period. Bank of Montreal Can grew its holdings in shares of Anheuser-Busch InBev SA/NV by 4.2% during the 3rd quarter. Bank of Montreal Can now owns 142,216 shares of the consumer goods maker’s stock valued at $9,385,000 after acquiring an additional 5,681 shares in the last quarter. FMR LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 7.0% in the third quarter. FMR LLC now owns 732,459 shares of the consumer goods maker’s stock worth $48,555,000 after acquiring an additional 47,684 shares during the last quarter. Finally, Townsquare Capital LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the third quarter valued at $290,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on BUD. Argus raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price target for the company in a research note on Thursday, March 27th. TD Cowen lowered their price objective on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a report on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. One analyst has rated the stock with a hold rating, five have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $66.00.

Anheuser-Busch InBev SA/NV Stock Down 0.9 %

Shares of BUD opened at $61.49 on Tuesday. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $67.49. The firm has a market capitalization of $110.51 billion, a P/E ratio of 18.98, a P/E/G ratio of 1.73 and a beta of 0.96. The company has a 50-day simple moving average of $56.17 and a 200-day simple moving average of $56.77. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.13. The company had revenue of $14.84 billion for the quarter, compared to analyst estimates of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. On average, equities research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current 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.