Csenge Advisory Group Sells 3,943 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Csenge Advisory Group lessened its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 30.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 8,945 shares of the consumer goods maker’s stock after selling 3,943 shares during the period. Csenge Advisory Group’s holdings in Anheuser-Busch InBev SA/NV were worth $448,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Holocene Advisors LP grew 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 worth $287,144,000 after purchasing an additional 803,257 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of 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 buying an additional 587,329 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the third quarter worth $154,640,000. GFS Advisors LLC grew its stake in 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. increased its holdings in 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 valued at $23,409,000 after acquiring an additional 118,686 shares during the last quarter. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Trading Down 0.2 %

Shares of BUD opened at $53.02 on Wednesday. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $67.49. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The company’s fifty day moving average is $49.87 and its 200 day moving average is $57.07. The stock has a market capitalization of $95.28 billion, a PE ratio of 16.36, a P/E/G ratio of 1.64 and a beta of 1.08.

Analysts Set New Price Targets

Separately, 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 research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target 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.