Yousif Capital Management LLC lowered its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) by 1.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 27,291 shares of the consumer goods maker’s stock after selling 436 shares during the period. Yousif Capital Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,366,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently modified their holdings of the business. Brown Lisle Cummings Inc. grew its position in Anheuser-Busch InBev SA/NV by 9.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 2,375 shares of the consumer goods maker’s stock worth $157,000 after acquiring an additional 197 shares during the last quarter. First Personal Financial Services grew its position in Anheuser-Busch InBev SA/NV by 51.3% during the 3rd quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock worth $40,000 after acquiring an additional 205 shares during the last quarter. Ironwood Investment Counsel LLC grew its position in Anheuser-Busch InBev SA/NV by 0.4% during the 3rd quarter. Ironwood Investment Counsel LLC now owns 87,515 shares of the consumer goods maker’s stock worth $5,801,000 after acquiring an additional 313 shares during the last quarter. Prime Capital Investment Advisors LLC grew its position in Anheuser-Busch InBev SA/NV by 8.1% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 4,363 shares of the consumer goods maker’s stock worth $289,000 after acquiring an additional 328 shares during the last quarter. Finally, Altman Advisors Inc. grew its position in Anheuser-Busch InBev SA/NV by 1.4% during the 3rd quarter. Altman Advisors Inc. now owns 27,691 shares of the consumer goods maker’s stock worth $1,836,000 after acquiring an additional 372 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.
Wall Street Analyst Weigh In
Separately, TD Cowen reduced 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 research report on Wednesday, January 8th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $64.00.
Anheuser-Busch InBev SA/NV Trading Up 2.3 %
NYSE BUD opened at $52.22 on Thursday. The business’s 50-day moving average price is $49.88 and its two-hundred day moving average price is $57.28. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49. The firm has a market capitalization of $93.85 billion, a PE ratio of 16.12, a price-to-earnings-growth ratio of 1.64 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 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.
See Also
- Five stocks we like better than Anheuser-Busch InBev SA/NV
- What is a SEC Filing?
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- What is Insider Trading? What You Can Learn from Insider Trading
- Inflation Persists, But So Do Stock Opportunities: Rally On
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
Want to see what other hedge funds are holding BUD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report).
Receive News & Ratings for Anheuser-Busch InBev SA/NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser-Busch InBev SA/NV and related companies with MarketBeat.com's FREE daily email newsletter.