Samlyn Capital LLC Sells 102,435 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Samlyn Capital LLC lessened its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 5.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,938,346 shares of the consumer goods maker’s stock after selling 102,435 shares during the quarter. Anheuser-Busch InBev SA/NV accounts for approximately 1.9% of Samlyn Capital LLC’s portfolio, making the stock its 20th largest holding. Samlyn Capital LLC owned about 0.11% of Anheuser-Busch InBev SA/NV worth $112,715,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in BUD. GPS Wealth Strategies Group LLC increased its stake in Anheuser-Busch InBev SA/NV by 50.7% in the second quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock valued at $32,000 after acquiring an additional 185 shares during the last quarter. Blue Trust Inc. boosted its position in Anheuser-Busch InBev SA/NV by 225.0% during the second quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker’s stock valued at $33,000 after buying an additional 378 shares during the period. Addison Advisors LLC boosted its position in Anheuser-Busch InBev SA/NV by 39.7% during the second quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock valued at $34,000 after buying an additional 168 shares during the period. Hantz Financial Services Inc. purchased a new stake in Anheuser-Busch InBev SA/NV during the second quarter valued at about $35,000. Finally, Valley Wealth Managers Inc. purchased a new stake in Anheuser-Busch InBev SA/NV during the second quarter valued at about $38,000. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Performance

Anheuser-Busch InBev SA/NV stock opened at $63.02 on Tuesday. 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 firm has a 50-day moving average of $61.71 and a 200-day moving average of $61.29. The firm has a market cap of $113.26 billion, a P/E ratio of 26.48, a P/E/G ratio of 1.81 and a beta of 1.09. Anheuser-Busch InBev SA/NV has a 1-year low of $51.66 and a 1-year high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Thursday, August 1st. The consumer goods maker reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 9.89% and a return on equity of 14.77%. The company had revenue of $15.33 billion during the quarter, compared to analyst estimates of $15.21 billion. During the same period in the prior year, the business posted $0.72 earnings per share. Sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.41 EPS for the current year.

Analyst Ratings Changes

Several analysts have issued reports on BUD shares. Morgan Stanley upped their price target on shares of Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a research report on Tuesday, September 10th. UBS Group upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV has an average rating of “Moderate Buy” and a consensus price target of $73.25.

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.