Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC lessened its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 8.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 76,534 shares of the consumer goods maker’s stock after selling 6,825 shares during the period. Sanctuary Advisors LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $3,813,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BUD. Holocene Advisors LP lifted its stake in shares of Anheuser-Busch InBev SA/NV by 22.8% in the third quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock valued at $287,144,000 after purchasing an additional 803,257 shares during the period. Fisher Asset Management LLC lifted its stake 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 valued at $683,252,000 after purchasing an additional 587,329 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the third quarter valued at about $154,640,000. GFS Advisors LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 56,727.5% in the third quarter. GFS Advisors LLC now owns 196,055 shares of the consumer goods maker’s stock valued at $12,996,000 after purchasing an additional 195,710 shares during the period. Finally, Penn Davis Mcfarland Inc. lifted its stake in shares of Anheuser-Busch InBev SA/NV by 34.0% in the fourth 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 period. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE:BUD opened at $54.01 on Friday. 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 price of $49.89 and a two-hundred day moving average price of $56.90. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $67.49. The company has a market capitalization of $97.06 billion, a P/E ratio of 16.67, a price-to-earnings-growth ratio of 1.72 and a beta of 1.08.

Wall Street Analyst Weigh In

Separately, TD Cowen reduced 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 note on Wednesday, January 8th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from 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.