Gluskin Sheff & Assoc Inc. lowered its position in Anheuser Busch Inbev SA (NYSE:BUD) by 9.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 118,204 shares of the company’s stock after selling 12,980 shares during the period. Anheuser Busch Inbev SA comprises approximately 1.3% of Gluskin Sheff & Assoc Inc.’s holdings, making the stock its 28th largest position. Gluskin Sheff & Assoc Inc.’s holdings in Anheuser Busch Inbev SA were worth $15,565,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its stake in shares of Anheuser Busch Inbev SA by 10.5% in the first quarter. Envestnet Asset Management Inc. now owns 257,529 shares of the company’s stock worth $32,104,000 after buying an additional 24,522 shares in the last quarter. Bank of Montreal Can bought a new stake in shares of Anheuser Busch Inbev SA during the second quarter valued at about $34,562,000. Lazard Asset Management LLC boosted its stake in shares of Anheuser Busch Inbev SA by 1.4% in the first quarter. Lazard Asset Management LLC now owns 1,046,191 shares of the company’s stock valued at $130,417,000 after buying an additional 14,042 shares during the period. Mariner Wealth Advisors LLC bought a new stake in shares of Anheuser Busch Inbev SA during the first quarter valued at about $416,000. Finally, Renaissance Technologies LLC boosted its stake in shares of Anheuser Busch Inbev SA by 378.1% in the first quarter. Renaissance Technologies LLC now owns 397,317 shares of the company’s stock valued at $49,530,000 after buying an additional 314,209 shares during the period.

Institutional Ownership by Quarter for Anheuser Busch Inbev SA (NYSE:BUD)

Anheuser Busch Inbev SA (NYSE:BUD) traded up 0.42% during mid-day trading on Wednesday, reaching $129.26. The company had a trading volume of 1,822,342 shares. Anheuser Busch Inbev SA has a 12-month low of $109.47 and a 12-month high of $136.08. The firm has a market capitalization of $207.82 billion and a price-to-earnings ratio of 54.68. The firm has a 50-day moving average price of $126.93 and a 200 day moving average price of $125.99.

Anheuser Busch Inbev SA (NYSE:BUD) last posted its quarterly earnings data on Friday, July 29th. The company reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.06. The company had revenue of $10.81 billion for the quarter, compared to the consensus estimate of $10.93 billion. During the same period in the prior year, the firm posted $1.21 earnings per share. The business’s revenue was down 2.2% on a year-over-year basis. Analysts expect that Anheuser Busch Inbev SA will post $3.70 EPS for the current year.

Several brokerages recently issued reports on BUD. Susquehanna reiterated a “buy” rating on shares of Anheuser Busch Inbev SA in a research note on Sunday, July 17th. Morgan Stanley began coverage on shares of Anheuser Busch Inbev SA in a research report on Wednesday. They set an “overweight” rating for the company. Bank Degroof downgraded shares of Anheuser Busch Inbev SA to a “hold” rating in a research report on Thursday, July 28th. Natixis upgraded shares of Anheuser Busch Inbev SA from a “reduce” rating to a “neutral” rating in a research report on Wednesday, August 3rd. Finally, Vetr upgraded shares of Anheuser Busch Inbev SA from a “sell” rating to a “hold” rating and set a $120.10 price objective for the company in a research report on Wednesday, July 27th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $133.42.

Anheuser Busch Inbev SA Company Profile

Anheuser-Busch Inbev SA (AB InBev) is a global brewer. The Company has a portfolio of over 200 beer brands. The Company operates through seven segments: North America, Mexico, Latin America North, Latin America South, Europe, Asia Pacific, and Global Export and Holding Companies. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

5 Day Chart for NYSE:BUD

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