Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC decreased its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 15.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,351 shares of the consumer goods maker’s stock after selling 4,454 shares during the period. Janney Montgomery Scott LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,219,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BUD. Holocene Advisors LP lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 22.8% in the third quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock valued at $287,144,000 after buying an additional 803,257 shares during the period. Fisher Asset Management LLC raised its position in Anheuser-Busch InBev SA/NV by 6.0% in the third quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock worth $683,252,000 after acquiring an additional 587,329 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at about $154,640,000. GFS Advisors LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 56,727.5% during the 3rd quarter. GFS Advisors LLC now owns 196,055 shares of the consumer goods maker’s stock valued at $12,996,000 after purchasing an additional 195,710 shares in the last quarter. Finally, Penn Davis Mcfarland Inc. grew its stake in shares of Anheuser-Busch InBev SA/NV by 34.0% in the 4th quarter. Penn Davis Mcfarland Inc. now owns 467,519 shares of the consumer goods maker’s stock worth $23,409,000 after purchasing an additional 118,686 shares during the last quarter. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

BUD stock opened at $48.72 on Wednesday. The firm has a 50-day moving average of $50.36 and a two-hundred day moving average of $57.73. The firm has a market capitalization of $87.55 billion, a PE ratio of 15.04, a P/E/G ratio of 1.60 and a beta of 1.08. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $67.49.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on BUD shares. Barclays upgraded shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Wednesday, October 9th. TD Cowen cut their price objective on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $64.00.

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.