Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC trimmed its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 32.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,195 shares of the consumer goods maker’s stock after selling 18,253 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,912,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in BUD. Artisan Partners Limited Partnership acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $56,849,000. Raymond James Financial Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth about $37,311,000. Alberta Investment Management Corp acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth about $28,540,000. Penn Davis Mcfarland Inc. lifted its holdings in shares of 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 purchasing an additional 118,686 shares during the last quarter. Finally, Sei Investments Co. boosted its position in shares of Anheuser-Busch InBev SA/NV by 47.3% in the 4th quarter. Sei Investments Co. now owns 321,937 shares of the consumer goods maker’s stock valued at $16,116,000 after purchasing an additional 103,312 shares during the period. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BUD has been the subject of a number of research reports. Berenberg Bank initiated coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday. They issued a “buy” rating for the company. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. TD Cowen dropped their price objective on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a research note on Wednesday, January 8th. StockNews.com raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Thursday. Finally, Argus upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a research report on Thursday, March 27th. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $66.00.

Anheuser-Busch InBev SA/NV Stock Down 3.0 %

BUD stock opened at $60.99 on Friday. The stock has a market capitalization of $109.61 billion, a PE ratio of 18.82, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. The company has a fifty day moving average of $57.26 and a 200-day moving average of $56.80. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.13. The firm had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. As a group, analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

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.