Koss Olinger Consulting LLC Sells 8,209 Shares of Anheuser-Busch InBev SA/NV $BUD

Koss Olinger Consulting LLC cut its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 22.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,887 shares of the consumer goods maker’s stock after selling 8,209 shares during the period. Koss Olinger Consulting LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,850,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of BUD. Bank of Montreal Can grew its holdings in shares of Anheuser-Busch InBev SA/NV by 150.6% in the third quarter. Bank of Montreal Can now owns 1,188,876 shares of the consumer goods maker’s stock valued at $70,869,000 after acquiring an additional 714,420 shares in the last quarter. Bank of America Corp DE grew its holdings in Anheuser-Busch InBev SA/NV by 23.7% during the second quarter. Bank of America Corp DE now owns 3,344,451 shares of the consumer goods maker’s stock valued at $229,831,000 after purchasing an additional 641,158 shares during the period. First Trust Advisors LP grew its holdings in Anheuser-Busch InBev SA/NV by 535.6% during the third quarter. First Trust Advisors LP now owns 653,616 shares of the consumer goods maker’s stock valued at $38,962,000 after purchasing an additional 550,774 shares during the period. Holocene Advisors LP bought a new position in Anheuser-Busch InBev SA/NV during the second quarter valued at $33,999,000. Finally, Fisher Asset Management LLC grew its holdings in Anheuser-Busch InBev SA/NV by 3.3% during the fourth quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker’s stock valued at $728,801,000 after purchasing an additional 368,721 shares during the period. 5.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

BUD has been the subject of several research reports. Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 5th. SBG Securities lowered Anheuser-Busch InBev SA/NV to a “hold” rating in a report on Monday, March 2nd. JPMorgan Chase & Co. increased their price objective on Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the company an “overweight” rating in a report on Thursday, May 7th. Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 19th. Finally, UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, May 6th. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $93.42.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE BUD opened at $80.11 on Friday. The stock has a fifty day simple moving average of $75.72 and a two-hundred day simple moving average of $71.19. Anheuser-Busch InBev SA/NV has a 1-year low of $56.97 and a 1-year high of $84.46. The firm has a market cap of $156.25 billion, a price-to-earnings ratio of 21.89, a price-to-earnings-growth ratio of 1.34 and a beta of 0.57. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share (EPS) for the quarter. The firm had revenue of $15.27 billion for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 12.26% and a net margin of 11.90%. Analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.31 earnings per share for the current year.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.