Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. lowered its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 31.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,874 shares of the consumer goods maker’s stock after selling 1,347 shares during the quarter. Harbour Investments Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $144,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its stake in shares of Anheuser-Busch InBev SA/NV by 37.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker’s stock valued at $3,836,000 after purchasing an additional 15,837 shares in the last quarter. Alberta Investment Management Corp acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $28,540,000. Fisher Asset Management LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 6.0% in the 3rd quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock valued at $683,252,000 after purchasing an additional 587,329 shares in the last quarter. B&D White Capital Company LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $290,000. Finally, Blue Trust Inc. raised its stake in shares of Anheuser-Busch InBev SA/NV by 15.8% in the 4th quarter. Blue Trust Inc. now owns 3,409 shares of the consumer goods maker’s stock valued at $171,000 after purchasing an additional 464 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE:BUD opened at $62.80 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $67.49. The firm has a 50-day simple moving average of $54.41 and a 200 day simple moving average of $56.90. The company has a market cap of $112.86 billion, a PE ratio of 19.38, a P/E/G ratio of 1.73 and a beta of 0.96.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, topping the consensus estimate of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. The firm had revenue of $14.84 billion during the quarter, compared to analysts’ expectations of $14.07 billion. On average, sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Analyst Ratings Changes

BUD has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. TD Cowen lowered their price objective on shares of 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, four have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target 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.