Commonwealth Equity Services LLC Sells 8,899 Shares of Anheuser-Busch InBev SA/NV $BUD

Commonwealth Equity Services LLC cut its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 14.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 53,907 shares of the consumer goods maker’s stock after selling 8,899 shares during the period. Commonwealth Equity Services LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $3,452,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Bogart Wealth LLC boosted its position in Anheuser-Busch InBev SA/NV by 3,800.0% during the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after acquiring an additional 380 shares in the last quarter. Leonteq Securities AG bought a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth $48,000. Paradigm Asset Management Co. LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter worth $53,000. Fifth Third Bancorp raised its position in shares of Anheuser-Busch InBev SA/NV by 251.6% in the 4th quarter. Fifth Third Bancorp now owns 865 shares of the consumer goods maker’s stock worth $55,000 after acquiring an additional 619 shares in the last quarter. Finally, Elyxium Wealth LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth $64,000. 5.53% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 19th. JPMorgan Chase & Co. increased their price target on shares of Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Jefferies Financial Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. SBG Securities lowered shares of Anheuser-Busch InBev SA/NV to a “hold” rating in a research report on Monday, March 2nd. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, May 7th. Eleven research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $93.42.

Anheuser-Busch InBev SA/NV Stock Performance

BUD opened at $78.77 on Tuesday. The company has a market cap of $153.63 billion, a P/E ratio of 21.52, a price-to-earnings-growth ratio of 1.27 and a beta of 0.59. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 0.74. The firm’s 50-day moving average price is $77.02 and its 200-day moving average price is $71.91. Anheuser-Busch InBev SA/NV has a 52-week low of $56.97 and a 52-week high of $84.46.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. The firm had revenue of $15.27 billion during the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 16.34%. As a group, equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.32 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.