Y Intercept Hong Kong Ltd Cuts Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Y Intercept Hong Kong Ltd trimmed its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 57.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,878 shares of the consumer goods maker’s stock after selling 21,186 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Anheuser-Busch InBev SA/NV were worth $795,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Ashton Thomas Securities LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the third quarter valued at approximately $26,000. Legacy Investment Solutions LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the third quarter valued at approximately $27,000. R Squared Ltd acquired a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $30,000. First Personal Financial Services boosted its stake in Anheuser-Busch InBev SA/NV by 51.3% in the third quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock valued at $40,000 after acquiring an additional 205 shares in the last quarter. Finally, Anchor Investment Management LLC boosted its stake in Anheuser-Busch InBev SA/NV by 120.6% in the third quarter. Anchor Investment Management LLC now owns 772 shares of the consumer goods maker’s stock valued at $51,000 after acquiring an additional 422 shares in the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, TD Cowen lowered their target price 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 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 company’s stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV currently has an average rating of “Buy” and a consensus price target of $64.00.

Anheuser-Busch InBev SA/NV Trading Up 0.7 %

NYSE:BUD opened at $59.95 on Friday. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49. The firm has a fifty day simple moving average of $50.54 and a 200-day simple moving average of $56.79. 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 company has a market capitalization of $107.74 billion, a P/E ratio of 18.50, a PEG ratio of 1.73 and a beta of 1.08.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data 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 business had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. On average, equities research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

About Anheuser-Busch InBev SA/NV

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.