Keystone Financial Planning Inc. Sells 8,985 Shares of Anheuser Busch Inbev NV (BUD)
Keystone Financial Planning Inc. reduced its holdings in shares of Anheuser Busch Inbev NV (NYSE:BUD) by 42.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,181 shares of the consumer goods maker’s stock after selling 8,985 shares during the period. Keystone Financial Planning Inc.’s holdings in Anheuser Busch Inbev were worth $802,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Glenmede Trust Co. NA increased its stake in Anheuser Busch Inbev by 11.1% during the 3rd quarter. Glenmede Trust Co. NA now owns 17,421 shares of the consumer goods maker’s stock worth $1,524,000 after buying an additional 1,739 shares during the period. Great Lakes Advisors LLC purchased a new stake in shares of Anheuser Busch Inbev in the 3rd quarter valued at approximately $538,000. Morgan Stanley increased its position in shares of Anheuser Busch Inbev by 6.2% in the 3rd quarter. Morgan Stanley now owns 4,729,784 shares of the consumer goods maker’s stock valued at $414,186,000 after purchasing an additional 274,995 shares during the last quarter. Moody National Bank Trust Division increased its position in shares of Anheuser Busch Inbev by 0.3% in the 4th quarter. Moody National Bank Trust Division now owns 68,250 shares of the consumer goods maker’s stock valued at $4,492,000 after purchasing an additional 180 shares during the last quarter. Finally, Kavar Capital Partners LLC purchased a new stake in shares of Anheuser Busch Inbev in the 3rd quarter valued at approximately $3,303,000. 4.30% of the stock is currently owned by hedge funds and other institutional investors.
NYSE BUD opened at $76.35 on Monday. The company has a current ratio of 0.67, a quick ratio of 0.53 and a debt-to-equity ratio of 1.47. The firm has a market capitalization of $128.94 billion, a P/E ratio of 18.90, a P/E/G ratio of 3.07 and a beta of 1.18. Anheuser Busch Inbev NV has a 12 month low of $64.54 and a 12 month high of $117.06.
Anheuser Busch Inbev Company Profile
Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol.
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