Blue Trust Inc. Sells 880 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Blue Trust Inc. decreased its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 29.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,065 shares of the consumer goods maker’s stock after selling 880 shares during the period. Blue Trust Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $103,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Holocene Advisors LP increased its position in shares of Anheuser-Busch InBev SA/NV by 22.8% during 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 acquiring an additional 803,257 shares in the last quarter. Fisher Asset Management LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 6.0% during the third quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock valued at $683,252,000 after acquiring an additional 587,329 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV during the third quarter valued at approximately $154,640,000. GFS Advisors LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 56,727.5% during the third quarter. GFS Advisors LLC now owns 196,055 shares of the consumer goods maker’s stock valued at $12,996,000 after acquiring an additional 195,710 shares in the last quarter. Finally, Penn Davis Mcfarland Inc. boosted its holdings in Anheuser-Busch InBev SA/NV by 34.0% in the fourth 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. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

BUD stock opened at $54.01 on Friday. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The company has a 50-day moving average price of $49.89 and a 200 day moving average price of $56.87. The stock has a market cap of $97.06 billion, a PE ratio of 16.67, a P/E/G ratio of 1.73 and a beta of 1.08.

Analyst Upgrades and Downgrades

Separately, TD Cowen dropped their target price on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a 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 issued a strong buy rating to the stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV has an average rating of “Buy” and a consensus target price of $64.00.

Anheuser-Busch InBev SA/NV 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.