WR Wealth Planners LLC Sells 2,198 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

WR Wealth Planners LLC cut its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 60.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,460 shares of the consumer goods maker’s stock after selling 2,198 shares during the quarter. WR Wealth Planners LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $73,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Ashton Thomas Securities LLC purchased a new position in Anheuser-Busch InBev SA/NV during the third quarter valued at approximately $26,000. Legacy Investment Solutions LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the third quarter valued at $27,000. R Squared Ltd purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at $30,000. Whipplewood Advisors LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at $36,000. Finally, First Personal Financial Services lifted 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 worth $40,000 after acquiring an additional 205 shares during the period. 5.53% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, TD Cowen lowered 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 investment analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $64.00.

Anheuser-Busch InBev SA/NV Trading Up 0.7 %

Anheuser-Busch InBev SA/NV stock opened at $59.95 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. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49. The stock’s 50 day simple moving average is $50.54 and its two-hundred day simple moving average is $56.77. The firm has a market cap of $107.74 billion, a PE ratio of 18.50, a P/E/G ratio of 1.73 and a beta of 1.08.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released 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 return on equity of 15.29% and a net margin of 10.98%. The business had revenue of $14.84 billion for the quarter, compared to analyst estimates of $14.07 billion. 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.