Mirae Asset Global Investments Co. Ltd. lowered its holdings in Anheuser Busch Inbev NV (NYSE:BUD) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,041 shares of the consumer goods maker’s stock after selling 260 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Anheuser Busch Inbev were worth $529,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Dubuque Bank & Trust Co. bought a new position in shares of Anheuser Busch Inbev during the 4th quarter worth approximately $26,000. Howe & Rusling Inc. raised its stake in shares of Anheuser Busch Inbev by 45.9% during the 4th quarter. Howe & Rusling Inc. now owns 493 shares of the consumer goods maker’s stock worth $32,000 after acquiring an additional 155 shares in the last quarter. Essex Savings Bank bought a new position in shares of Anheuser Busch Inbev during the 4th quarter worth approximately $35,000. Clarus Wealth Advisors raised its stake in shares of Anheuser Busch Inbev by 99.0% during the 4th quarter. Clarus Wealth Advisors now owns 613 shares of the consumer goods maker’s stock worth $40,000 after acquiring an additional 305 shares in the last quarter. Finally, Taylor Hoffman Wealth Management bought a new position in shares of Anheuser Busch Inbev during the 4th quarter worth approximately $47,000. Institutional investors and hedge funds own 4.38% of the company’s stock.

Several research analysts recently commented on the stock. Jefferies Financial Group lowered shares of Anheuser Busch Inbev from a “hold” rating to an “underperform” rating and set a $62.00 price objective for the company. in a research note on Wednesday, January 16th. Royal Bank of Canada upgraded shares of Anheuser Busch Inbev from an “outperform” rating to a “top pick” rating in a research note on Tuesday, January 22nd. Macquarie boosted their price objective on shares of Anheuser Busch Inbev from $80.00 to $84.00 and gave the stock a “neutral” rating in a research note on Friday, March 1st. Societe Generale initiated coverage on shares of Anheuser Busch Inbev in a research note on Friday, February 1st. They set a “hold” rating for the company. Finally, Goldman Sachs Group downgraded shares of Anheuser Busch Inbev from a “buy” rating to a “neutral” rating in a research report on Friday, January 4th. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $104.23.

NYSE:BUD opened at $81.25 on Friday. The company has a market cap of $137.58 billion, a price-to-earnings ratio of 23.62, a P/E/G ratio of 2.76 and a beta of 1.15. Anheuser Busch Inbev NV has a twelve month low of $64.54 and a twelve month high of $113.49. The company has a current ratio of 0.53, a quick ratio of 0.41 and a debt-to-equity ratio of 1.47.

Anheuser Busch Inbev (NYSE:BUD) last released its earnings results on Thursday, February 28th. The consumer goods maker reported $0.80 earnings per share for the quarter, missing the consensus estimate of $1.15 by ($0.35). The company had revenue of $14.25 billion for the quarter, compared to analysts’ expectations of $14.11 billion. Anheuser Busch Inbev had a return on equity of 18.43% and a net margin of 8.00%. The firm’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.04 EPS. On average, equities research analysts expect that Anheuser Busch Inbev NV will post 4.8 earnings per share for the current year.

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About Anheuser Busch Inbev

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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Institutional Ownership by Quarter for Anheuser Busch Inbev (NYSE:BUD)

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